“[P]erhaps the most important lesson, which I have learned from Mises, was a lesson located outside economics itself. What Mises taught us in his writings, in his lectures, in his seminars, and in perhaps everything he said, was that economics – yes, and I mean sound economics, Austrian economics – is primordially, crucially important. Economics is not an intellectual game. Economics is deadly serious. The very future of mankind – of civilization – depends, in Mises’ view, upon widespread understanding of, and respect for, the principles of economics..... Austrian economics is not simply a matter of intellectual problem solving, like a challenging crossword puzzle, but literally a matter of the life or death of the human race.” ~ Israel Kirzner bit.ly/1sb0roR [HT: Peter Boettke] who unfortunately was not awarded this years Nobel Prize in Economics as many had been predicting. bit.ly/1Cf8dRi , bit.ly/1v5AcCQ Although there is much more to the great man than the theme of a baseball movie, go ahead and celebrate Rabbi Kirzners life by watching MoneyBall” bit.ly/1njRieQ or watch his keynote address at the October 2, 2014 Mercatus Center symposium celebrating Hayeks Nobel Prize award forty years ago: bit.ly/1voMCac
Posted on: Tue, 14 Oct 2014 01:10:58 +0000
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