Thursday, May 30, 2013

How Mises and Rothbard Used Academia to Undermine It

By Gary North

If you are interested in the history of ideas, at some point this question will occur to you: “How is it possible for someone to gain influence, yet at the same time retain his independence?” If you traffic in ideas, you have to be able to do both.

A crackpot can go online today and argue for his favorite theory. He is completely independent. He is also completely ignored. His independence does him no good, because what he writes has no influence.
I suppose my two favorite recent examples of people who have maintained their independence, but whose ideas have had considerable influence, are Ludwig von Mises and Murray Rothbard. They are more influential today than they were at the time of their deaths. Mises died in 1973. Rothbard died in 1995.

Read the rest here.

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