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Henry Simons, back in 1944, wrote:

"Professor Mises, patriarch of the modern Austrian School, is the greatest living teacher of economics -- if one may judge by the contributions of his many distinguished students and proteges."

Peter Boettke is, now, the greatest living teacher of Austrian Economics -- if one may judge from the outstanding crop of PhD students who he has nurtured and produced, and who are now in the process of making their important contributions to economics.

Richard Ebeling

Beyond the students he co-authors with and/or advises, Pete makes a huge difference in the career of many other GMU students. He's pushed for funding for students with promise in computational science/agent-based modeling, experimental economics, etc. Based on his assessment of their talents and interests, he's encouraged students to work with Rob Axtell, Larry Iannacone, Bryan Caplan, Tyler Cowen, Charles Rowley, Richard Wagner, etc. etc. What I'm saying is that he plays a critical role for the entire Ph.D. program that goes well beyond his own advisees.*

The best thing any new GMU student can do is to attend the PPE seminars and get to know Pete Boettke.

*I owe this insight to Ed Stringham, but I wholeheartedly agree.

Thank you to all for you comments, and it was a very special weekend for Rosemary and I, and as Steve says it was also a ver nostalgic weekend as I couldn't help think of our time in graduate school with Don Lavoie and the time that Dave, Steve and I shared throughout the process. And I also remembered how much Dr. Sennholz changed my life aspirations at GCC.

But as these two examples show, the great teachers in the Austrian tradition such as Sennholz, Lavoie, and Kirzner are what made the experience I have had at GMU possible. And as I said during the session, those "Boettke boys" all came to GMU as half-baked cookies and all I did was help them bake a bit more. I didn't haven't to turn an oatmil raisin cookine into a choclate chip one, they were already choclate chip, they just needed to cook a bit more. But who made them cookies were the great undergraduate teachers they had such as Richard Ebeling, Sam Bostaph, Walter Block, Howie Baijter, Emily Chamlee Wright, David Prychitko, Tony Carilli, etc. We have a network of undergraduate teachers now that excite young students about economics and they then come to GMU, where I have the good fortune to work with them.

I still have to pinch myself to realize I am not living a dream. And last weekend just made me realize once again how fortunate I am.

Thank you.


I was at APEE and Pete rocks. I agree with Richard's assessment that Pete is the authentic successor to Mises.

Congratulations, Pete.

Among the Boettke Boys greatest hits:

No Sleep Till Buchanan
Fight For Your Right to Pareto

Congratulations, Pete.

I know almost everyone in the photo except the fellow on the far right and the two blokes kneeling down. Who are they?


Dave Skarbek standing, and I believe that's Scott Beaulier and Michael Thomas kneeling.

And yes Pete, I meant to make a point of saying something about Don. No one would have been prouder to have been a part of this weekend than Don. It's yet another moment when I realize how sad it was that he was taken from us so soon - and before he had a chance to really see how his legacy, personified significantly by you, would flower.

Part of my nostalgia listening to your talk was thinking about Don and how much I wished he could have been there.

Gene and Steve,

That's Leo Krasnozhon kneeling. I somehow missed out on this picture--I was probably leading the charge to Margarittaville!

What Steve said on it being a great conference filled with nostalgia and optimism.

Congratulations to Pete, congratulations to all.

Challenge: Would someone who did not drink at these "meetings" tell me how they were?


I think the plenary sessions were very challenging -- Cowen on the crisis, Brook and Otteson on Rand v Smith, Lomasky on Liberty After the Bailouts, etc. Also I thought the sessions on teaching Austrian economics which I attended were quite good, and I also think there was some very good history and policy applications papers.

There were over 400 participants and over 80 sessions. I really think these people who run APEE have made the society an amazingly vibrant and thriving society of economics.


Best. Comment. Ever.

I think we should all just start calling Pete "Coach."

Aside from his hobby of coaching sports, I always think "Coach Boettke" when I read his posts here about what young Austrian economists should do. (Write, submit to 'mainstream journals,' etc.)

I will sometimes confess to rolling my eyes a bit, and thinking "great speech Coach." But at least as often my thoughts are rather great admiration.

Though I don't meet Mario's standards for soundness of judgment, I will venture that the sessions at this APEE were better than any big (non-LF) conference I've ever been to (in my admittedly short tenure going).

Congrats to Ed Lopez for putting together such an awesome program (the plenaries were amazing), to Josh Hall for his Teaching Austrian Econ sessions, and to Pete for giving the best opening night speech I've yet heard (not to mention the award).

What I want to know is, is there a correlation between the intentsity of the gleaming in the "evil eyes" and the intensity of true Boettkeness on the part of the respective evil eye gleamers?

@Pete, after your performanc in the Russian Vodka Vault at Red Square you don't meet Mario's standard for sound judgement either.

@Mario, bad standard, almost no one at APEE qualifies! However, if you used "didn't drink during the day sessions" you could have plenty of evidence and Pete and Adam would qualify.

@All Austrians, I'm responsible for organizing next year's meeting of APEE in the Bahamas. I'd like a record number of panels on Austrian economics. Feel free to email me proposals. Applied aspects of Austrian econ are better for APEE.

A clarification: I qualify for Tuesday.

And Ben has the fourth gleamiest of the evil eyes in the photo, too, :-).

"However, if you used 'didn't drink during the day sessions' you could have plenty of evidence and Pete and Adam would qualify."

I only saw one person drinking during the day sessions!


You were so drunk that you did not see the others? :-)

Oh, and clearly with his eye gleaminess, Ben has a high BI, that is "Boettkeness Index."

And a good time was had by all!

Lopez should be congratulated for putting together a wonderful conference. I forgot to mention in response to Mario's question the papers by O'Driscoll, including one on sound money, and the other macro-money papers, as well as public choice papers, and experimental papers. APEE has really grown over the past decade, and the influence of Austrian economics, New Institutional Economics, Public Choice, Law and Economics, Experimental Economics, New Economic History, and of course the themes of classroom improvement in teaching these ideas is amazing and unique. This no doubt reflects the growing number of free enterprise chairs and the explosion of interest among those chairs in a variety of methods and methodologies, but it also demonstrates the intellectual entrepreneurship of the various individuals involved with APEE, such as Ed Lopez, for reaching out to a diverse group of intellectuals, scholars and teachers. I especially appreciated at this year's meeting the number of philosophers in attendance --- including Loren Lomasky, Neera B. , Rod Long, Jim Otteson, etc. We need to get more political science folk involved, and more historians, but also they should not lose sight of the primary mission which is to focus on how to improve the educational process in terms of teaching students the principles of economics and cultivating an appreciation for the free enterprise system.

Mario the next meetings are in the Bahamas -- you should attend, or talk to Bill Butos about the meetings and what he thinks. APEE does hold their conferences in exotic places, and there is a good time to be had but the conferences have representatives from Liberty Fund, IHS, FEE, as well as some state policy think tanks, and then organizations such as ARI, and then all the free enterprise chairs (including a lot of BB&T chairs) and then a lot of graduate students and beginning as well as established academics. There was a strong contingency from Latin America, especially UFM, but also some Europeans.

I still have to pinch myself to realize I am not living a dream. And last weekend just made me realize once again how fortunate I am.

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