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Talk:Ludwig von Mises

2011-04-25T22:36:52Z

Subsidiarity: Infobox

==Introduction Too long==
The introduction section is far too long. Anyone coming here to learn who Mises was isn't going to spend the time reading the whole thing, most of the information should be in the sections below. Here is my proposed intro:

===Proposed intro===
'''Ludwig von Mises''' was one of the most notable economists and social philosophers of the twentieth century. In the course of a long and highly productive life he developed an integrated, deductive science of economics based on the fundamental axiom that individual human beings act purposively to achieve desired goals. Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, with government strictly limited to the defense of person and property within its territorial area.

Mises successfully slowed a period of Austrian inflation in the 1920's as the chief economic adviser to the Austrian government. He was effectively barred from any paid university post in Austria and later in the United States, so he developed his own "private seminar" which attracted the outstanding young economists, social scientists, and philosophers throughout Europe. He founded the "neo-Austrian School" of economics and his business cycle theory was adopted by most younger economists in England in the early 1930s as the best explanation of the Great Depression.

Having fled the Nazis to the United States, Mises did some of his most important work here. In over two decades of teaching, he inspired an emerging Austrian School in the United States. Mises’s business cycle theory was the foundation for the work of F.A. Hayek, who was awarded the Nobel Prize in economics in 1973.

<blockquote>"Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen." 
Ludwig von Mises, [[Human Action]]</blockquote>

====Feedback====
Even this seems too long. By comparison wikipedia has a 4 line intro. Most of the main details are in the right side infobox. Does wiki.mises have an infobox template? [[User:Subsidiarity|Subsidiarity]] 01:36, 26 April 2011 (MSD)

===Infobox ===

I put some info in an infobox. I couldn't figure out how to get the pic in there. Also, the infobox template is a pain in the but compared to wikipedia infobox template.

== Break up 'professional life' ==

Like the intro, this part is too long. It could used some sub headings. And specifics about theory should not be in this article.

[[User:Subsidiarity|Subsidiarity]] 01:29, 26 April 2011 (MSD)

Ludwig von Mises

2011-04-25T22:34:31Z

Subsidiarity: Added infobox

[[File:Ludwig von Mises.jpg|thumb|right|Ludwig von Mises]]

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|Row 1 info = 29 September 1881
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|Row 2 info = 10 October 1973 (aged 92)
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|Row 4 info = [[Human Action]]
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{{Quote|"Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen."|Ludwig von Mises|''[[Human Action]]''}}
'''Ludwig von Mises''' was one of the most notable economists and social philosophers of the twentieth century. In the course of a long and highly productive life, developed an integrated, deductive science of [[economics]] based on the fundamental axiom that individual human beings [[Action|act]] purposively to achieve desired goals. Even though his economic analysis itself was "value-free" — in the sense of being irrelevant to values held by economists — Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, of free markets and the unhampered exercise of the right of private property, with government strictly limited to the defense of person and property within its territorial area.

For Mises was able to demonstrate (a) that the expansion of free markets, the division of labor, and private capital investment is the only possible path to the prosperity and flourishing of the human race; (b) that socialism would be disastrous for a modern economy because the absence of private ownership of land and capital goods prevents any sort of rational pricing, or estimate of costs, and (c) that government [[intervention]], in addition to hampering and crippling the market, would prove counter-productive and cumulative, leading inevitably to socialism unless the entire tissue of interventions was repealed.

Holding these views, and hewing to truth indomitably in the face of a century increasingly devoted to statism and collectivism, Mises became famous for his "[[Wiktionary:intransigence|intransigence]]" in insisting on a non-inflationary [[gold standard]] and on laissez-faire.

Effectively barred from any paid university post in Austria and later in the United States, Mises pursued his course gallantly. As the chief economic adviser to the Austrian government in the 1920s, Mises was single-handedly able to slow down Austrian inflation; and he developed his own "private seminar" which attracted the outstanding young economists, social scientists, and philosophers throughout Europe. As the founder of the "neo-Austrian School" of economics, Mises’s [[Austrian Business Cycle Theory|business cycle theory]], which blamed [[inflation]] and depressions on inflationary bank credit encouraged by Central Banks, was adopted by most younger economists in England in the early 1930s as the best explanation of the [[Great Depression]].

Having fled the Nazis to the United States, Mises did some of his most important work here. In over two decades of teaching, he inspired an emerging Austrian School in the United States. The year after Mises died in 1973, his most distinguished follower, [[Friedrich Hayek|F.A. Hayek]], was awarded the Nobel Prize in economics for his work in elaborating Mises’s business cycle theory during the later 1920s and 1930s.

==Early life==
Mises was born on Sept 29, 1881, in the city of Lemberg (now [[Wikipedia:Lviv|Lvov]]) in [[Wikipedia:Galicia (Central Europe)|Galicia]], where his father, a Viennese construction engineer working for the Austrian railroads, was then stationed. Both Mises’s father and mother came from prominent Viennese families; his mother’s uncle, Dr Joachim Landau, served as deputy from the Liberal Party in the Austrian Parliament.

Entering the University of Vienna at the turn of the century as a leftist interventionist, the young Mises discovered ''[[Wikipedia:Principles of Economics|Principles of Economics]]'' ([http://www.mises.org/etexts/menger/principles.asp text], [http://mises.org/etexts/menger/Mengerprinciples.pdf pdf]) by [[Carl Menger]], the founding work of the [[Austrian Economics|Austrian School of economics]], and was quickly converted to the Austrian emphasis on individual action rather than unrealistic mechanistic equations as the unit of economics analysis, and to the importance of a free-market economy.

Mises became a prominent post-doctoral student in the famous University of Vienna seminar of the great Austrian economist [[Eugen von Böhm-Bawerk]] (among whose many accomplishments was the devastating refutation of the Marxian labor theory of value).

The [[Mises Institute]]'s coat of arms (see [http://mises.org/images/misescrest-large.jpg full view]) is that of the Mises family, awarded in 1881 when Ludwig von Mises's great-grandfather Mayer Rachmiel Mises was ennobled by the [[Wikipedia:Franz Joseph I of Austria|Emperor Franz Josef I of Austria]]. In the upper right-hand quadrant is the staff of [[Wikipedia:Mercury (mythology)|Mercury]], god of commerce and communication (the Mises family was successful in both; they were merchants and bankers). In the lower left-hand quadrant is a representation of the Ten Commandments. Mayer Rachmiel, as well as his father, presided over various Jewish cultural organizations in Lemberg, the city where Ludwig was born. The red banner displays the Rose of Sharon, which in the litany is one of the names given to the Blessed Mother, as well as the Stars of the Royal House of David, a symbol of the Jewish people. Ludwig's lifelong motto was from Virgil: ''tu ne cede malis, sed contra audentior ito'' ("do not give in to evil, but proceed ever more boldly against it").

==Professional life==
During this period, in his first great work, [[Wikipedia:The Theory of Money and Credit|The Theory of Money and Credit]](1912) ([http://www.mises.org/books/Theory_Money_Credit/Contents.aspx text], [http://www.mises.org/books/tmc.pdf pdf]) Mises performed what had been deemed an impossible task: to integrate the theory of money into the general theory of marginal utility and price (what would now be called integrating "macroeconomics" into "microeconomics"). Since Bohm-Bawerk and his other Austrian colleagues did not accept Mises’s integration and remained without a monetary theory, he was therefore obliged to strike out on his own and found a "neo-Austrian" school.

In his monetary theory, Mises revived the long forgotten [[British Currency School]] principle, prominent until the 1850s, that society does not at all benefit from any increase in the money supply, that increased money and bank credit only causes [[inflation]] and [[business cycle]]s, and that therefore government policy should maintain the equivalent of a 100 percent [[gold standard]].

Mises added to this insight the elements of his business cycle theory: that credit expansion by the [[bank]]s, in addition to causing inflation, makes depressions inevitable by causing "malinvestment", i.e. by inducing businessmen to overinvest in "higher orders" of [[capital]] goods (machine tools, construction, etc.) and to underinvest in consumer [[good]]s.

The problem is that inflationary bank credit, when loaned to business, masquerades as pseudo-savings, and makes businessmen believe that there are more savings available to invest in capital goods production than consumers are genuinely willing to save. Hence, an inflationary boom requires a recession which becomes a painful but necessary process by which the market liquidates unsound investments and reestablishes the investment and production structure that best satisfies consumer preferences and demands.

Mises, and his follower [[Friedrich Hayek|Hayek]], developed this [[Austrian Business Cycle Theory|cycle theory]] during the 192Os, on the basis of which Mises was able to warn an unheeding world that the widely trumpeted "[[Wikipedia:Roaring Twenties|New Era]]" of permanent prosperity of the 192Os was a sham, and that its inevitable result would be bank panic and depression. When Hayek was invited to teach at the [[Wikipedia:London School of Economics|London School of Economics]] in 1931 by an influential former student at Mises’s private seminar, [[Wikipedia:Lionel Robbins|Lionel Robbins]], Hayek was able to convert most of the younger English economists to this perspective. On a collision course with [[Wikipedia:John Maynard Keynes|John Maynard Keynes]] and his disciples at [[Wikipedia:University of Cambridge|Cambridge]], Hayek demolished Keynes’s Treatise on Money (1930), but lost the battle and most of his followers to the tidal wave of the [[Wikipedia:Keynesian Revolution|Keynesian Revolution]] that swept the economic world after the publication of Keynes’s [[Wikipedia:The General Theory of Employment, Interest and Money|General Theory]] in 1936.

The policy prescriptions for business cycles of Mises-Hayek and of Keynes were diametrically opposed. During a boom period, Mises counseled the immediate end of all bank credit and monetary expansion; and, during a recession, he advised strict laissez-faire, allowing the readjustment forces of the recession to work themselves out as rapidly as possible.

Not only that: for Mises the worst form of intervention would be to prop up [[price]]s or wage rates, causing unemployment, to increase the money supply, or to boost government spending in order to stimulate consumption. For Mises, the recession was a problem of under-saving, and over-consumption, and it was therefore important to encourage savings and thrift rather than the opposite, to cut government spending rather than increase it. It is clear that, from 1936 on Mises was totally in opposition to the worldwide fashion in macroeconomic policy.

[[Socialism]]-communism had triumphed in Russia and in much of Europe during and after World War I, and Mises was moved to publish his famous article, "[[Economic Calculation]] in the Socialist Commonwealth" (1920, [http://mises.org/econcalc.asp text]), in which he demonstrated that it would be impossible for a socialist planning board to plan a modern economic system; furthermore, no attempt at artificial "markets" would work, since a genuine pricing and costing system requires an exchange of property titles, and therefore private property in the means of production.

Mises developed the article into his book [[Wikipedia:Socialism (book)|Socialism]] (1922, [http://mises.org/books/socialism/contents.aspx text]), a comprehensive philosophical and sociological, as well as economic critique which still stands as the most thorough and devastating demolition of socialism ever written. Mises’s Socialism converted many prominent economists and social philosophers out of socialism, including Hayek, the German [[Wikipedia:Wilhelm Röpke|Wilhelm Röpke]]<ref name="Röpke">Shawn Ritenour. [http://mises.org/about/3241 "Wilhelm Röpke (1899-1966): Humane Economist"], ''[[Mises Institute]]'', referenced 2009-05-24.</ref>, and the Englishman [[Wikipedia:Lionel Robbins|Lionel Robbins]].

In the United States, the publication of the English translation of Socialism in 1936 attracted the admiration of the prominent economic journalist [[Henry Hazlitt]], who reviewed it in the New York Times, and converted one of America’s most prominent and learned Communist fellow-travelers of the period, [[Wikipedia:J.B. Matthews|J.B. Matthews]], to a Misesian position and to opposition to all forms of socialism.

Socialists throughout Europe and the United States worried about the problem of [[economic calculation]] under socialism for about fifteen years, finally pronouncing the problem solved with the promulgation of the "market socialism" model of the Polish economist [[Wikipedia:Oskar R. Lange|Oskar Lange]] in 1936. Lange returned to Poland after World War II to help plan Polish Communism. The collapse of socialist planning, in Poland and the other Communist countries in 1989, left Establishment economists across the ideological spectrum, all of whom bought the Lange "solution", mightily embarrassed.

Some prominent socialists, such as [[Wikipedia:Robert Heilbroner|Robert Heilbroner]], have had the grace to admit publicly that "Mises was right" all along (the phrase "Mises was Right" was the title of a panel at the annual 1990 meeting of the Southern Economic Association at New Orleans).<ref>[http://www.reason.com/news/show/32874.html "The Man Who Told the Truth"], ''[[Wikipedia:Reason (magazine)|Reason]]'', 1990. Retrieved on April 4 2009.</ref>

If socialism was an economic catastrophe, government intervention could not work, and would tend to lead inevitably to socialism. Mises elaborated these insights in his Critique of Interventionism (1929, [http://mises.org/etexts/mises/critique/contents.asp text]), and set forth his political philosophy of laissez-faire liberalism in his [[Wikipedia:Liberalism (book)|Liberalism]] (1927; [http://mises.org/liberal.asp text], [http://mises.org/books/liberalism.pdf pdf]).

In adition to setting himself against all the political trends of the twentieth century, Mises combated with equal fervor and eloquence what he considered the disastrous dominant philosophical and methodological trends, in economics and other disciplines. These included positivism, relativism, historicism, polylogism” the idea that each race and gender has its own "logic" and therefore cannot communicate with other groups), and all forms of irrationalism and denial of objective truth. Mises also developed what he considered to be the proper methodology of economic theory--logical deduction from evident axioms, which he labeled "praxeology", and he leveled trenchant critiques of the growing tendency in economics and other disciplines to replace praxeology and historical understanding by unrealistic mathematical models and statistical manipulations.

==In the United States==
Emigrating to the United States in 1940, Mises’s first two books in English were important and influential. His [[Wikipedia:Omnipotent Government|Omnipotent Government]] (1944; [http://www.mises.org/etexts/mises/og.asp text]) was the first book to challenge the then-standard Marxian view that fascism and Nazism were imposed upon their nations by big business and the "capitalist class". His [[Wikipedia:Bureaucracy (book)|Bureaucracy]] (1944; [http://www.mises.org/etexts/mises/bureaucracy.asp text]) was a still unsurpassed analysis of why government operation must necessarily be “bureaucratic” and suffer from all the ills of bureaucracy.

Mises’s most monumental achievement was his [[Human Action]] (1949), the first comprehensive treatise on economic theory written since the first World War. Here Mises took up the challenge of his own methodology and research program and elaborated an integrated and massive structure of economic theory on his own deductive, “praxeological” principles. Published in an era when economists and governments generally were totally dedicated to statism and Keynesian inflation, Human Action was unread by the economics profession. Finally, in 1957 Mises published his last major work, ''Theory and History'' ([http://mises.org/th.asp text], [http://mises.org/Books/theoryhistory.pdf pdf]), which, in addition to refutations of Marxism and historicism, set forth the basic differences and functions of theory and of history in economics as well as all the various disciplines of human action.

In the United States as in his native Austria, Mises could not find a paid post in academia. [[Wikipedia:New York University|New York University]], where he taught from until 1945 until his retirement at the age of 88 in 1969, would only designate him as Visiting Professor, and his salary had to be paid by the conservative-libertarian [[Wikipedia:William Volker Fund|William Volker Fund]] until 1962, and after that by a consortium of free-market foundations and businessmen. Despite the unfavorable climate, Mises inspired a growing group of students and admirers, cheerfully encouraged their scholarship, and himself continued his remarkable productivity.

Mises was also sustained by and worked together with free-market and libertarian admirers. From its origin in 1946 until his death, Mises was a part-time staff member of the [[Wikipedia:Foundation for Economic Education|Foundation for Economic Education]] at Irvington-on-Hudson, New York; and he was in the 1950s an economic advisor to the [[Wikipedia:National Association of Manufacturers|National Association of Manufacturers]] (NAM) working with their laissez-faire wing which finally lost out to the tide of "enlightened" statism.

As a free trader and a classical liberal in the tradition of [[Wikipedia:Richard Cobden|Cobden]], [[Wikipedia:John Bright|Bright]], and [[Wikipedia:Herbert Spencer|Spencer]], Mises was a libertarian who championed reason and individual liberty in personal as well as economic matters. As a rationalist and an opponent of statism in all its forms, Mises would never call himself a “conservative,” but rather a liberal in the nineteenth-century sense.

Indeed, Mises was politically a laissez-faire radical, who denounced tariffs, immigration restrictions, or governmental attempts to enforce morality. On the other hand, Mises was a staunch cultural and sociological conservative, who attacked egalitarianism, strongly denounced political feminism as a facet of socialism. In contrast to many conservative critics of capitalism, Mises held that personal morality and the nuclear family were both essential to, and fostered by, a system of free-market capitalism.

Mises’s influence was remarkable, considering the unpopularity of his epistemological and political views. His students of the 1920s, even those who later became Keynesians, were permanently stamped by a visible Misesian influence. These students included, in addition to Hayek and Robbins, [[Wikipedia:Fritz Machlup|Fritz Machlup]]<ref name="Machlup">Mark Thornton. [http://mises.org/about/3237 "Biography of Fritz Machlup (1902-1983)"], ''[[Mises Institute]]'', referenced 2009-05-24.</ref> [[Wikipedia:Gottfried von Haberler|Gottfried von Haberler]]<ref name="Haberler">[http://mises.org/journals/aen/aen20_1_1.asp "Between Mises and Keynes An Interview with Gottfried von Haberler (1900-1995)"], ''The Austrian Economics Newsletter'' Spring 2000 Volume 20, Number 1, referenced 2009-04-27.</ref>, [[Wikipedia:Oskar Morgenstern|Oskar Morgenstern]], [[Wikipedia:Alfred Schutz|Alfred Schutz]]<ref name="Schutz">Peter Kurrild-Klitgaard. [http://mises.org/journals/qjae/pdf/qjae6_2_2.pdf "The Viennese Connection: Alfred Schutz and the Austrian School"](pdf), ''The Quarterly Journal Of Austrian Economics'' Vol.6, no.2, referenced 2009-05-24.</ref>, [[Wikipedia:Hugh Gaitskell|Hugh Gaitskell]], Howard S. Ellis, John Van Sickle, and [[Wikipedia:Erich Voegelin|Erich Voegelin]].

In France, [[Wikipedia:Charles de Gaulle|General DeGaulle’s]] major economic and monetary adviser, who helped swing France away from socialism, was [[Wikipedia:Jacques Rueff|Jacques Rueff]], an old-friend and admirer of Mises. And part of post-World War II Italy’s shift away from socialism was due to its President [[Wikipedia:Luigi Einaudi|Luigi Einaudi]], a distinguished economist and long-time friend and free-market colleague of Mises. In the United States, Mises was scarcely as influential. Under less promising academic conditions, his students and admirers included Henry Hazlitt, [[Wikipedia:Lawrence Fertig|Lawrence Fertig]], Percy Greaves, Jr., Bettina Bien Graeves, [[Wikipedia:Hans F. Sennholz|Hans F. Sennholz]], William H. Peterson<ref name="Peterson">[http://mises.org/fellow.aspx?Id=24 "William H. Peterson"], ''[[Mises Institute]]'', referenced 2009-05-25.</ref>, Louis M. Spadaro, [[Wikipedia:Israel Kirzner|Israel M. Kirzner]], [[Wikipedia:Ralph Raico|Ralph Raico]], [[Wikipedia:George Reisman|George Reisman]], and [[Murray N. Rothbard]]. But Mises was able to build a remarkably strong and loyal following among businessmen and other non-academics; his massive and complex Human Action has sold extraordinarily well ever since the year of its original publication.

Since Mises’s death in New York City on October 10, 1973 at the age of 92, Misesian doctrine and influence has experienced a renaissance. The following year saw not only Hayek’s Nobel Prize for Misesian cycle theory, but also the first of many Austrian School conferences in the United States. Books by Mises have been reprinted and collections of his articles translated and published. Courses and programs in Austrian Economics have been taught and established throughout the country.

Taking the lead in this revival of Mises and in the study and expansion of Misesian doctrine has been the [[Mises Institute|Ludwig von Mises Institute]], founded by [[Wikipedia:Lew Rockwell|Llewellyn Rockwell, Jr.]] in 1982 and headquartered in [[Wikipedia:Auburn, Alabama|Auburn, Alabama]]. The Mises Institute publishes scholarly journals and books, and offers courses in elementary, intermediate and advanced Austrian economics, which attract increasing numbers of students and professors. Undoubtedly, the collapse of socialism and the increased attractiveness of the free market have greatly contributed to this upsurge of popularity.

[http://mises.org/about/3248 Original text] written by [[Murray N. Rothbard]], used with generous permission of the [[Mises Institute]].

==Curriculum Vitae==

=====Academic Degrees=====
*Dr. Jur. (Doctorate of Law), University of Vienna, Austria (1906)

=====Academic Appointments=====
*Lecturer of Economics, Vienna Business Academy, Austria (1906-1912)
*Lecturer of Economics, University of Vienna, Austria (1913-1914)
*Associate Professor of Economics, University of Vienna, Austria (1919-1934)
*Professor of International Economic Relations, Graduate Institute of International Studies, Switzerland (1934-1940)
*Visiting Professor of Economics, National University of Mexico (1942)
*Visiting Professor of Economics, Graduate School of Business Administration, New York University (1945-1969)
*Visiting Professor of Economics, Plano University (1965-1971)

=====Other Positions=====
*Economic Councillor, Austrian Chamber of Commerce (1909-1934)
*Captain, Artillery Regiment, Austro-Hungarian Army, WWI (1914-1918)
*Director, Austrian Restitution-and-Settlements Office (1918-1920)
*Member, Association for Social Policy (1919-1933)
*Founder, Austrian Institute for Business Cycle Research (1927)
*Advisor, Foundation for Economic Education (1946-1973)
*Member, Economic Principles Commission, National Association of Manufacturers (1946)
*Co-Founder, Mont Pelerin Society (1947)
*Advisor, National Association of Manufacturers (1954-1955)

=====Awards=====
*Distinguished Service Award, Fellowship of Former Overseas Rotarians (1957)
*Austrian Decoration for Science and Art (1962)
*Distinguished Fellow Award, American Economics Association (1969)

=====Honorary Degrees=====
*Hon. LL.D., Grove City College (1957)
*Hon. LL.D., New York University (1963)
*Dr. rer. pol. h.c. (Honorary Doctorate of Political Science), University of Freiburg, Germany (1964)

==References==
{{Reflist}}

==External links==
* [http://mises.org/literature.aspx?action=author&Id=280 Books and Essays by Mises] (complete texts)
* [http://mises.org/misesbib.asp The complete Mises bibliography]
* [http://mises.org/quotes.aspx The Mises Quotation Machine]
* [http://mises.org/books/lastknight.pdf Mises: The Last Knight of Liberalism] (pdf) by Jörg Guido Hülsmann
* [http://mises.org/misestributes/misesjgh.asp Who was Mises?] by Jörg Guido Hülsmann
* [http://mises.org/misestributes/misestributes.asp Tributes to Mises] by Economists, Journalists, and Others
* [http://mises.org/lostpapers.asp The Story of the Lost Papers]
* [http://mises.org/journals/qjae/pdf/qjae11_3_5.pdf The Great Depression: Mises vs. Fisher] (pdf) by Mark Thornton, November 2008
* [http://mises.org/daily/4715 The Enduring Power of Bureaucracy] by Marcia Sielaff, September 2010
* [[Wikipedia:Ludwig von Mises|Ludwig von Mises]] on Wikipedia

{{DEFAULTSORT:Mises, Ludwig von}}
[[Category:Economists]]
[[Category:Libertarians]]

User talk:Forgottenman

2011-04-25T22:10:18Z

Subsidiarity: /* Template:Infobox */ new section

{{User:Forgottenbot/archive
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|archive = User talk:Forgottenman/Archive/%(year)d/%(monthname)s
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<div style="text-align:center; font-size:larger;">'''This is my talk page'''. Click the "New section" tab ("+") above to start a new topic, or simply [http://wiki.mises.org/mediawiki/index.php?title=User_talk:Forgottenman&action=edit&section=new click here]. Sign your name with <nowiki>~~~~</nowiki> when you're finished, and click "Save page." Thanks!</div>

== Extensions and interwiki links ==

A few questions:
# What Wikimedia extensions are installed here?
# What types of interwiki links are available for external wiki-linking? [[User:Mcornelius|Mcornelius]] 03:59, 12 November 2010 (CST)
:The extensions we have right now can be seen at [[Special:Version]]: we have categorytree, charinsert, parserfunctions, and cite. If we need more, however, we can ask our developers to install them.
:As far as interwiki links go, it looks like we can use the full names of Wikimedia wikis, but not shortcuts. So, [[wikipedia:Ludwig von Mises]] or [[wiktionary:praxeology]]. For Wikisource, we have to specify the language: [[wikisource:en:The Law]]. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 06:49, 12 November 2010 (CST)

==Rights==
Seems like your rights issue is solved --[[User:Jatucker|Jatucker]] 12:16, 12 November 2010 (CST)
:What do you mean? --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 12:24, 12 November 2010 (CST)
::I thought your permissions were somehow limited but I see that they are not --[[User:Jatucker|Jatucker]] 16:09, 12 November 2010 (CST)
:::No, you gave me "bureaucrat" status, which is pretty much the highest available without being a developer. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 18:57, 12 November 2010 (CST)

== Missing Templates ==

Impressive work on all the background mechanisms, Forgottenman! May I request a few more templates for citing resources, that seem to be necessary for the many articles and parts imported from Wikipedia (e.g. [[Austrian School|here]])? [[User:Pestergaines|Pestergaines]] 08:25, 16 November 2010 (CST)
:I'll have a look; they would be useful. Hopefully though their existence doesn't encourage more copy / pastes from Wikipedia... we have the opportunity to create articles that have much more detail and a less restrictive license, but if we start with WP text, our article is a derivative work of WP forever. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 08:42, 16 November 2010 (CST)
::Well, we can always start from scratch if needed. :)
::Oh, and: big thanks for help with the BookSources! It's a small detail, but very useful when needed! [[User:Pestergaines|Pestergaines]] 14:41, 16 November 2010 (CST)
:::I'm thinking that starting from scratch may be a good idea. I'm not convinced that converting everything into metadata is really that useful. I'll start by adapting Wikiqoute's model of cite journal and we can go from there. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 14:54, 16 November 2010 (CST)

[http://wiki.mises.org/wiki/Full_reserve_banking#cite_note-5 Full reserve banking] has also some template error, as in [[Criticism of fractional reserve banking|this]]; and a video template is required [[Peter Schiff|here]]. That is hopefully all!

On a different topic - do you think it would make sense to start organizing projects in this wiki, or is that premature? [[User:Pestergaines|Pestergaines]] 06:15, 17 November 2010 (CST)
:I'll try to take a look at those templates later today. Are you talking about Wikiprojects? Setting them up is probably best done by someone interested in the subject and not for its own sake – so I wouldn't suggest creating a wide variety of projects, but if there's a particular subject or type of article that interests you, go for it. Active projects can be great ways for people to get involved; abandoned projects make the place look like a big empty building. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 09:40, 17 November 2010 (CST)
::I've created the [[MisesWiki:WikiProject Economic History]], although the name seems a little unwieldy. Before I start creating more pages, do you think the name and (category) is appropriate, or could we shorten WikiProject to Project? [[User:Pestergaines|Pestergaines]] 05:51, 20 November 2010 (CST)
:::Sounds fine to me. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 09:32, 22 November 2010 (CST)

Would it be possible to get some CSS added to [[MediaWiki:Common.css]] to fix the formatting on [[Template:Header]]? I would do it myself but I don't have the required permissions. [[User:Anarchei|Anarchei]] 01:43, 29 November 2010 (CST)

==Innovation and original work.==
I've already logged in and made a very small edit to the mises wiki: pollution. I'm trained in sustainable development and pollution related problems and solutions. All I've done is add the word '''soil''' pollution to the list. Its often overlooked but it is useful because it illustrates the property rights, disclosure aspect, knowledge issues and the issue of people going to the hazard.

My question is not about pollution, its about charity and new tools like [http://www.thepoint.com/ The Point], hopefully you know of that because of Bob Murphy's challenge to Krugman.
Both need to be covered but in many cases the ideas of using charitable solutions are very new, particularly using the pledge based strategy in the Point, would they be considered original work?
Charity is critical because we often argue that charity can pick up some key externalities or public goods; particularly welfare. However charities are very restricted, often because they compete with government as a solution, [ Marx saw them as the major threat to socialism and Lenin wiped out church based charities in the first months ]. They have cash flow problems often because they are "not for profit" and this restricts their investment and banking options and because of donor fatigue and recipient privacy constraints. There's much stuff on this in the writings but its blurred a bit by Ayn Rand's opposition to religion and charity. [Yes I know she's not an Austrian school but most don't know that.] How do we deal with the newest solutions.
I've done some work in this field: [http://appliedimpossibilies.blogspot.com/2010/07/saving-world-by-burying-greens.html Saving the world by burying greens.]
The catch is that in a wiki sense this is classic ''"original work"'' but there are so few of us this could become a largish problem. What's plan A when your the only Austrian school player writing in a given field?
[[User:Wesleybruce|Wesleybruce]] 00:07, 17 November 2010 (CST)

:There are writings around on pretty much any topic, but sometimes one needs to pick and choose a little. A Stub for [[Charity]] was created with a few links that could be of use - perhaps that could help out? [[User:Pestergaines|Pestergaines]] 05:39, 17 November 2010 (CST)
:Regarding "original work," I wouldn't worry about it too much. I doubt that we are going to be as hardheaded about that as Wikipedia is in articles on "new" subjects. The preferred approach might be to build articles based on current work, with references, and then branch off based on that. Thus, Hayek said xyz about charity (he didn't think it had much hope of solving the problem), but his paradigm didn't include new charity options. Or Walter Block and Murry Rothbard say xyz about pollution, but other areas that haven't been looked into are ___.
:You might also get in touch with Stephan Kinsella; he runs Libertarian Papers and if you put something together he might be inclined to have it reviewed and published, especially in a new area like this. That way we'd end up with a published, reliable article to cite. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 07:10, 17 November 2010 (CST)

==Mises Bust for Meritorious Editing==
{| style="border: 1px solid {{{border|gray}}}; background-color: {{{color|#fdffe7}}};"
|rowspan="2" valign="middle" | [[Image:MisesBust.jpg|100px]]
|rowspan="2" |
|style="font-size: x-large; padding: 0; vertical-align: middle; height: 1.1em;" | '''Mises Bust for Meritorious Editing'''
|-
|style="vertical-align: middle; border-top: 1px solid gray;" | For his numerous and highly clueful edits in the early days of the Mises Wiki, I hereby present this Mises Bust to Forgottenman. [[User:DickClarkMises|DickClarkMises]] 13:18, 19 November 2010 (CST)
|}
:That put a smile on my face. Just awesome; thanks. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 13:20, 19 November 2010 (CST)

== The 'Anniversaries' project ==

Hey, Forgot, a question: With all the unfinished anniversary pages, might you be able to create a little "Project Page" (like the "Economic History" project) that gives us a few guidelines about what to put where? I was wondering because the anniversary dates show up as top-ranked in the [[Special:WantedPages|Most wanted pages]] list and it might be helpful for us folks to know how to add things. Thanks in advance! -- [[User:RayBirks|RayBirks]] 14:32, 27 November 2010 (CST)
:I've added instructions to [[MisesWiki:Anniversaries]]. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 16:04, 27 November 2010 (CST)
::Yes, noticed almost right away. Thanks! -- [[User:RayBirks|RayBirks]] 18:16, 27 November 2010 (CST) Wondering now about:

==The concept of "Projects"==
Our only official "project" to date is the [[MisesWiki:WikiProject Economic History|Economic history project]]. Do these four pages qualify as "projects" worthy of the category "WikiProjects" ?

:* [[MisesWiki:Meetups|Meetups]]
:* [[MisesWiki:Anniversaries|Anniversaries]]
:* [[MisesWiki:Current events|Current events]]
:* [[MisesWiki:Community portal|Community portal]]

They all have "project page" as their first tab, yet I don't see any code inside the Economic History project page that makes it unique to be a special project. Seems these four may also be special cases needing focus, building, expansion, explanations, etc. Am not pushing hard for these necessarily. I am just looking to see if these deserve the designation. Thanks for your thoughts as time permits. Maybe we can discuss this in our soon-to-be-developed forum! :) If this is too much for your talk page, I could move to the Google mailing list, if you like. -- [[User:RayBirks|RayBirks]] 18:16, 27 November 2010 (CST)
:On Wikipedia at least the Wikiprojects are primarily for content creation or specific maintenance tasks. My preference would be to continue in that tradition; the other pages you mention seem different from that. "Anniversaries" would be closest, I think, to being an actual Wikiproject, but the thing is that it really isn't a project that will need a lot of maintenance once it is set up (though that will take at least several months). I'd say put it on the Community portal to draw attention to it, but I wouldn't call it a wikiproject. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 19:55, 27 November 2010 (CST)
::'k. -- [[User:RayBirks|RayBirks]] 21:03, 27 November 2010 (CST)

== Placement of stub tags ==

The stubs category page had suggested including the tag at either the beginning or the end of the article. As I see you moving them to the end of various pages, shall we change the instruction as well? Thanks for all your good works. -- [[User:RayBirks|RayBirks]] 11:09, 29 November 2010 (CST)
:Thanks, I didn't realize it said that. If anyone disagrees with my edit comment in my edit to [[:Category:Article stubs|that page]], I'm happy to discuss it. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 11:19, 29 November 2010 (CST)

== idioms ==

Hello
Can i write in spanish my contributions, changes and wikis?

thanks. {{unsigned|09:15, 3 January 2011|Arenas}}
:Hola Arenas: Es posible que vaya a ser un Mises Wiki en español en el futuro, si hay interés. Pero en este momento hay solamente un Mises Wiki en inglés. Si quieres contribuir, sugiero que agregues contribuciones en español en las páginas de "Talk," y yo puedo traducirlas y añadir el texto al artículo. Por ejémplo, si quieres crear un artículo llamado [[Vicente Fox]], añadir tu contribución en [[Talk:Vicente Fox]] y avísame. Dime si tienes otras preguntas; ayudarte es un placer.
:Hi Arenas: It's possible that in the future there will be a Mises Wiki in Spanish, if there's enough interest. But for now there is only a Mises Wiki in English. If you would like to contribute, I suggest that you add Spanish text to Talk pages, and I can translate them and add the text to the article. For example, if you want to create an article called [[Vicente Fox]], add your text to [[Talk:Vicente Fox]] and let me know. If you have other questions let me know; I'm glad to help. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 09:40, 3 January 2011 (CST)

== Don't remove ==

See http://wiki.mises.org/wiki/MisesWiki:Commons#Most_wanted_Stub. --[[User:Reserved|Reserved]] 12:26, 6 January 2011 (CST)
:Ah, if that's what you're referring to then let's create a page and link to it. Putting a red link on a page meant to guide new folks is counterintuitive. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 12:35, 6 January 2011 (CST)
:: Is only an open idea. When you think, it's practicable, then create it, please. --[[User:Reserved|Reserved]] 12:38, 6 January 2011 (CST)
:::I rather doubt it's practicable, but others think so, so I've put it at [[MisesWiki:Most wanted]]. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 12:55, 6 January 2011 (CST)
:::: I don't know, too. But a test is no risk. --[[User:Reserved|Reserved]] 13:21, 6 January 2011 (CST)

== Template ==

I see from above you are the goto guy for requesting templates :) Might I ask for the <nowiki>'''{{reflist|2}}'''</nowiki> one to be activated? It will allow for a far tidier article layout. Thanks [[User:Mark|Mark]] 14:00, 7 January 2011 (CST)
:I just worked on it a bit but it doesn't appear to be working yet; I'll need to do more research to figure it out. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 14:20, 7 January 2011 (CST)
::Thank you very much :) [[User:Mark|Mark]] 14:25, 7 January 2011 (CST)
Thank you for doing the reflist|2 template, I have another request, would it be possible to get the <nowiki>{{refbegin|2}} and {{refend))</nowiki> done also? —''unsigned comment by'' [[User:Mark|Mark]] ([[User talk:Mark|talk]]) {{#if:Mark|11:42, 11 January 2011}}.
:I've set up the framework, but I'm not familiar with these templates and so I don't know if they are working right now or not. I'll research them later and see what I can find, and write some documentation as well. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 11:08, 11 January 2011 (CST)
::Thanks. I have tried it out here [[Fighting Communist Organizations]] if you look t othe article`s end you will see that any section below the templates (In this case further reading) appears to get squished up? [[User:Mark|Mark]] 11:19, 11 January 2011 (CST)
::Thank you for setting up the template, there is one further issue with it however, '''</dl>''' is showing at the end of the references section? Any idea as to why? [[User:Mark|Mark]] 10:44, 28 January 2011 (CST)
:::Odd. Somehow on Wikipedia that dangling <code><nowiki></dl></nowiki></code> is hidden. Those five characters are only needed if {{tl|refbegin}} uses the "indent" parameter, so I've made them hide unless {{tl|refend}} also uses the indent parameter. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 11:14, 28 January 2011 (CST)
::::Excellent, thank you. [[User:Mark|Mark]] 13:41, 28 January 2011 (CST)

== About ==

Well edit, but you don't need to make a bow to one person. Tucker said it, I copied it.

The hope that this wiki can eventually come to replace major sections of mises org, is also from him. --[[User:Reserved|Reserved]] 11:15, 11 January 2011 (CST)
:You are the one who introduced the language that the Mises Institute "rules" this wiki; my edit provided support for that claim. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 11:33, 11 January 2011 (CST)
:: My language is influenced by my troublesomeness to think in English as German. Mr. Tucker may edit this article himself to advance the site (without to quote himself). We are no footmen. --[[User:Reserved|Reserved]] 11:50, 11 January 2011 (CST)

== More on sub-categories ==

I have created a new sub-category of "History of the Soviet Union". When you have a moment, please take a look to see if it is set up properly. You can find it by way of [[Felix Dzerzhinsky]]. Thx. :) -- [[User:RayBirks|RayBirks]] 19:54, 28 January 2011 (CST)

== Renaming a page via 'Move' ==

When offline I recalled the "move" concept. Found the short explanation in the [[Help:Wiki FAQ#Fixing wiki mistakes|'Help' FAQ]]. Have never 'moved' a page before, that I can recall. Would that have worked recently on the original misnaming of the ''History of the Soviet Union'' category as well? I am guessing all live links to the moving page are automatically changed as well, yes? TIA. -- [[User:RayBirks|RayBirks]] 13:54, 30 January 2011 (CST)
:Unfortunately no, categories can't be "moved" like articles can. To rename a category, we have to create a category with the new name, manually move all pages in the old category to the new category, and delete the old category. Right now we don't have many categories with a lot of articles in them, so this is an easy process. In the future, we can use a bot to make the change easier to complete. Regarding [[:Category:History of the Soviet Union]], you did it correctly: put {{tl|delete}} on the category with the wrong name, so that an admin would know to delete it. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 14:22, 30 January 2011 (CST)

== Mike Shedlock vanity? ==

[[Mike Shedlock]] Is an article about a person sourced entirely to that persons blog suitable for this wiki? It seems to be just a vanity piece to me. [[User:Mark|Mark]] 10:25, 2 February 2011 (CST)
:I think it's okay: the guy seems to be a fairly established writer (even writing occasionally for mises.org). So while yes it would be nice to get better sources, I'm not uncomfortable with letting it stay until then. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 06:45, 3 February 2011 (CST)
:Added some more links to make it a little more balanced (Murphy/Faber criticism of Mish). Some are Mises links, which look kind of weird under ''external'' links. Is there a special convention for Mises links? [[User:Daniel Hewitt|Daniel Hewitt]] 08:34, 3 February 2011 (CST)
::Our "convention" is to just call that section "Links" rather than "External links," and put mises.org links there as well. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 08:43, 3 February 2011 (CST)
:I think his blog is suitable for citing his political opinions, and I'm sure there will be other sources when the article grows. I'll keep this in mind if I ever extend the article. And, yes, he is pretty established; he has 40k+ readers according to Feedburner, has appeared on shows like Yahoo's Tech Ticker and his blog is listed as #2 at EconDirectory's [http://www.econdirectory.com list] of popular economics blogs/websites. BTW: mises.org links ARE external links (but I'll use the new convention from now) [[User:Ddnixx|Ddnixx]] 09:57, 3 February 2011 (CST)

== Blocking users and IPs ==

Hallo there, I blocked the accounts of two spammers and noticed this option among those available - "Automatically block the last IP address used by this user, and any subsequent IP addresses they try to edit from". Do you think it is reasonable to use it, given that IP addresses of users tend to change? [[User:Pestergaines|Pestergaines]] 02:55, 8 February 2011 (CST)
:Yes, using that option is generally a good idea. The main benefit is that it prevents a user from logging out and being able to edit anonymously. It's not foolproof for dynamic IPs, but it helps. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 07:50, 8 February 2011 (CST)
::I worry, that with a dynamic IP could the ban hit somebody else. [[User:Pestergaines|Pestergaines]] 08:29, 8 February 2011 (CST)
:::That is possible. I think it's highly unlikely since we don't have very many users right now, but it is a valid concern. Eventually we'll want to install more sophisticated anti-vandalism tools that will make it possible to check user IP addresses, which will help us be able to tell if a vandal is using a dynamic IP or not, or if a block is hitting people it wasn't intended to hit. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 09:58, 8 February 2011 (CST)

The spammers certainly seem to proliferate... is there any possibility to make it for them more difficult, say, introduce a (better) Captcha during registration? [[User:Pestergaines|Pestergaines]] 02:40, 19 March 2011 (CDT)
:I don't think a more difficult captcha will do much, but there are ways to block open proxies. I'll research this soon and send an email out to the list. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 08:54, 21 March 2011 (CDT)
::Well, I guess it must be true - if a website isn't noticed by spammers it's as if it wouldn't exist. :) [[User:Pestergaines|Pestergaines]] 04:54, 24 March 2011 (CDT)

Speaking of spammers, is there anyway to delete a page one put up (I just deleted the content but that did not do the trick)? If I am lacking privileges thats understandable of course. --[[User:Huckelberry|Huckelberry]] 10:13, 31 March 2011 (MSD)
:Best thing to do is put {{tl|delete}} on it; this way administrators can easily find such articles and delete them. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 16:04, 31 March 2011 (MSD)

New thought: would it be possible and reasonable to, say, prevent users from creating a new page unless they for example add some content to their user page? Knowing more about people is nice, but that's secondary to making sure they are not spammers. Since the primary attack vector is registering a brand new user and creating a new page, this measure ''might'' derail them (at least for a while, dammit). On the other hand, I definitely don't want to discourage anyone from contributing to the wiki. What do you think? [[User:Pestergaines|Pestergaines]] 14:49, 24 April 2011 (MSD)
:Off the top of my head I don't think this is possible. It is possible to prevent users from creating a page if they have never edited a page, but I'm not sure that that is a good idea, because it might encourage spammers to edit existing pages (changes to which might be harder to find). There are other options as well that I haven't had the time to explore yet. --[[User:Forgottenman|Forgottenman]] ([[User talk:Forgottenman|talk]]) 22:49, 25 April 2011 (MSD)

== Declaration of Independence ==

I followed the page doesn't exist link from the "This week in History" entry on the Declaration of Independence. Looks like that has been updated to reflect the existing page. Thanks. [[User:Draukadin|Draukadin]] 14:27, 25 March 2011 (CDT)
:''Responded at [[User talk:Draukadin]]''

== broken code on template ==

I noticed the code on [[Template:Wikipedia text]] is not written properly. If an article is entered in the proper syntax of the template as shown on the page, it returns a messed up line of links. I don't have time to figure out where the bug is now, but I figured I'd let you know since you were the last editor and you might have an easier time fixing it anyway. --[[User:John James|John James]] 03:31, 9 April 2011 (MSD)

== Template:Infobox ==

I was trying to get the image to work on the infobox template and couldn't figure it out. Related, I couldn't find the software name that wiki.mises runs. I was looking assuming I could find acceptable values for the attributes I was playing with.

Thx
[[User:Subsidiarity|Subsidiarity]] 02:10, 26 April 2011 (MSD)

Talk:Ludwig von Mises

2011-04-25T21:36:51Z

Subsidiarity:

==Introduction Too long==
The introduction section is far too long. Anyone coming here to learn who Mises was isn't going to spend the time reading the whole thing, most of the information should be in the sections below. Here is my proposed intro:

===Proposed intro===
'''Ludwig von Mises''' was one of the most notable economists and social philosophers of the twentieth century. In the course of a long and highly productive life he developed an integrated, deductive science of economics based on the fundamental axiom that individual human beings act purposively to achieve desired goals. Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, with government strictly limited to the defense of person and property within its territorial area.

Mises successfully slowed a period of Austrian inflation in the 1920's as the chief economic adviser to the Austrian government. He was effectively barred from any paid university post in Austria and later in the United States, so he developed his own "private seminar" which attracted the outstanding young economists, social scientists, and philosophers throughout Europe. He founded the "neo-Austrian School" of economics and his business cycle theory was adopted by most younger economists in England in the early 1930s as the best explanation of the Great Depression.

Having fled the Nazis to the United States, Mises did some of his most important work here. In over two decades of teaching, he inspired an emerging Austrian School in the United States. Mises’s business cycle theory was the foundation for the work of F.A. Hayek, who was awarded the Nobel Prize in economics in 1973.

<blockquote>"Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen." 
Ludwig von Mises, [[Human Action]]</blockquote>

====Feedback====
Even this seems too long. By comparison wikipedia has a 4 line intro. Most of the main details are in the right side infobox. Does wiki.mises have an infobox template? [[User:Subsidiarity|Subsidiarity]] 01:36, 26 April 2011 (MSD)

== Break up 'professional life' ==

Like the intro, this part is too long. It could used some sub headings. And specifics about theory should not be in this article.

[[User:Subsidiarity|Subsidiarity]] 01:29, 26 April 2011 (MSD)

Talk:Ludwig von Mises

2011-04-25T21:29:46Z

Subsidiarity: /* Break up professional life */ new section

The introduction section is far too long. Anyone coming here to learn who Mises was isn't going to spend the time reading the whole thing, most of the information should be in the sections below. Here is my proposed intro:

'''Ludwig von Mises''' was one of the most notable economists and social philosophers of the twentieth century. In the course of a long and highly productive life he developed an integrated, deductive science of economics based on the fundamental axiom that individual human beings act purposively to achieve desired goals. Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, with government strictly limited to the defense of person and property within its territorial area.

Mises successfully slowed a period of Austrian inflation in the 1920's as the chief economic adviser to the Austrian government. He was effectively barred from any paid university post in Austria and later in the United States, so he developed his own "private seminar" which attracted the outstanding young economists, social scientists, and philosophers throughout Europe. He founded the "neo-Austrian School" of economics and his business cycle theory was adopted by most younger economists in England in the early 1930s as the best explanation of the Great Depression.

Having fled the Nazis to the United States, Mises did some of his most important work here. In over two decades of teaching, he inspired an emerging Austrian School in the United States. Mises’s business cycle theory was the foundation for the work of F.A. Hayek, who was awarded the Nobel Prize in economics in 1973.

<blockquote>"Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen." 
Ludwig von Mises, [[Human Action]]</blockquote>

== Break up professional life ==

Like the intro, this part is too long. It could used some sub headings. And specifics about theory should not be in this article.

[[User:Subsidiarity|Subsidiarity]] 01:29, 26 April 2011 (MSD)

Federal Reserve Act

2011-04-25T21:12:15Z

Subsidiarity: linked 'legal tender' 'woodrow wilson'

{{Wikipedia text}}

The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the Act of Congress that created the [[Federal Reserve| Federal Reserve System]], the [[Central Bank| central banking]] system of the United States of America, and granted it the legal authority to issue [[legal tender]]. The Act was signed into law by President [[Woodrow Wilson]].

==Also See==
* [[Federal Reserve]]

==External Links==
* [http://www.federalreserve.gov/aboutthefed/fract.htm Federal Reserve Act]
[[Category:1913]]
{{stub}}

Federal Reserve Act

2011-04-25T21:10:10Z

Subsidiarity: Created page with "{{Wikipedia text}} The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the Act of Congress that created the [[Federal Reserve| Federal Re..."

{{Wikipedia text}}

The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the Act of Congress that created the [[Federal Reserve| Federal Reserve System]], the [[Central Bank| central banking]] system of the United States of America, and granted it the legal authority to issue legal tender. The Act was signed into law by President Woodrow Wilson.

==Also See==
* [[Federal Reserve]]

==External Links==
* [http://www.federalreserve.gov/aboutthefed/fract.htm Federal Reserve Act]
[[Category:1913]]
{{stub}}

User:Subsidiarity

2011-04-25T16:17:14Z

Subsidiarity:

Find me on facebook [http://www.facebook.com/user/Subdisiarity here].

Find my wiki.mises contributions [http://wiki.mises.org/wiki/Special:Contributions/Subsidiarity here].

User:Subsidiarity

2011-04-25T16:13:57Z

Subsidiarity: Created page with "Find me at http://www.facebook.com/user/Subdisiarity"

Find me at http://www.facebook.com/user/Subdisiarity

Power and Market

2011-04-25T16:12:18Z

Subsidiarity: /* External Links */

[[File:Power and Market.jpg|right|Cover]]
'''Power and Market: Government and the Economy''' is a book by [[Murray Rothbard]] published in 1970.

==Description==
What can government do to enhance social and economic well being? Nothing, says Murray N. Rothbard. Power and Market contains the proof. It will inoculate the reader against the even the slightest temptation to invoke the state as a solution to any social or economic problem. It is ultimate manual for completely de-mystifying the myth of the state.

The Rothbardian claim is perhaps the most radical made in the history of political economy. But how can it be convincing? What must an author do to back up this claim?

Here is what Rothbard did. He systematically classified every form of intervention into three types: autistic, binary, and triangular. Within each category, he discusses their ill effects, and does so with precision and insight. Free market scholars have been using and expanding on his insights for years. But in this book we have the source.

He is like an expert house inspector examining the edifice of the state. Brick by brick, nail by nail, he shows that it is fundamentally unsound. The seeming edifice is really a house of cards.

This book is the ideal answer to the person who says: "I favor free markets but…." and then proceeds to advocate some intervention they believe to be helpful. Rothbard shows that it is not helpful, no matter what it is. And he provides the logic for understanding how all forms of government aggression make society worse off.

Some of the topics covered: price control, compulsory cartels, licenses, quality standards, safety precautions, tariffs, child labor laws, conscription, subsidies to unemployment, subsidies to employment, base-point pricing bans, conservation, antitrust laws, patents, public utilities, eminent domain, wage taxes, corporate taxes, capital gains taxes, property taxes, progressive taxes, the single tax, government ownership of anything, and all forms of government spending.

Within each category he lays out the rationale for why the measure must fail.

Here is a sample of the prose and analytics you can expect:
{{Quote box |quote = Many "right-wing" economists have advocated general sales taxation, as opposed to income taxation, on the ground that the former taxes consumption but not savings-investment; many “left-wing” economists have opposed sales taxation for the same reason. Both are mistaken; the sales tax is an income tax, though of more haphazard and uncertain incidence. The major effect of the general sales tax will be that of the income tax: to reduce the consumption and the savings-investment of the taxpayers.
|quoted = 1
|width = 90%
|align = center

}}

Or what about taxes that are designed to bolster savings and reduce consumption. Here is Rothbard:

{{Quote box |quote = Why does consumption possess less merit than saving? Allocation between them on the market is simply a matter of time preference. This means that any coerced deviation from the market ratio of saving to consumption imposes a loss in utility, and this is true whichever direction the deviation takes. A government measure that might induce more saving and less consumption is then no less subject to criticism than one that would lead to more consumption and less saving. To say differently is to criticize free-market choices and implicitly to advocate governmental measures to force more savings upon the public.
|quoted = 1
|width = 90%
|align = center

}}

Such pithy arguments make up the entire book, as Rothbard's laser hits topic after topic. Nor does he avoid the moral arguments for state intervention, and here his work really shines. He shows that intervention cannot make a society more religious, cultured, or healthy. It can only do precisely what it is capable of doing: taking our lives and property, actions which only reduce wealth.

The statist reading this book can only feel like a cornered rat.

This book was originally written as part of Man, Economy, and State, but it culled out because it was too controversial for the publisher. The Mises Institute included it again in its Scholar's Edition of Man, Economy, and State.

And yet the demand for Power and Market in a single volume remains high. Hence, this edition, designed for classroom use, individual use, or to hand to a politician before he makes his very first campaign stop.

The introduction is by Edward Stringham of San Jose State University. <ref>Mises.org http://mises.org/store/Power-and-Market-P322.aspx</ref>

==References==
<references />

==External Links==
* [http://mises.org/store/Power-and-Market-P322.aspx Power and the Market, Mises.org]
* [https://secure.wikimedia.org/wikipedia/en/wiki/Power_and_Market Power and the Market, wikipedia.org]
* [http://mises.org/books/powermarket.pdf Power and the Market, PDF]

[[Category:Books]][[Category:1970]]
{{stub}}

Capitalism

2011-04-25T16:10:20Z

Subsidiarity:

'''Capitalism''' is the economic system in which the [[Capital|means of production]] are privately owned.{{Fact}}

==Also See==
* [https://secure.wikimedia.org/wikipedia/en/wiki/Capitalism Capitalism]

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[[Category:Concepts]]

Power and Market

2011-04-25T14:05:22Z

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2011-04-25T13:07:20Z

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Power and the Market is a book by [[Murray Rothbard]] in 1970.
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Power and Market

2011-04-25T13:05:41Z

Subsidiarity: Created page with "Power and the Market is a book by [Murray Rothbard] in 1970. {{stub}}"

Power and the Market is a book by [Murray Rothbard] in 1970.
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