|Peter Boettke|
Nick Snow worked, between his time at SJSU and before entering our PhD program at GMU, at FEE helping organizing the archives. FEE was a unique place for such work because of its centrality in the free market and "Austrian" movement in the US post WWII. Nick had to deal with letters and papers from thinkers ranging from Leonard Read and Henry Hazlitt, to Baldy Harper and Richard Cornuelle, to Mises, Hayek, Rothbard and Kirzner. What a great opportunity to learn about the history of an intellectual movement as told through real time in letters, memos, manuscript drafts, and commentary on those manuscripts.
For the past several months, Nick has been providing readers a glimpse into FEE's archives through his blog entries at "From the Archives". This month he discusses and provides a link to Murray Rothbard's comment on a paper by Louis Spadaro "Toward a Program of Research and Development for Austrian Economics."
It is very much worth reading and thinking seriously about and doing a modern stocktaking. Keep up the great work Nick.
I would like to see more work done on Hayek's cycle theory. That is where Austrians can make the more important contribution to the country and to economic theory. And instead of running screaming from the mere mention of math and statistics, we should follow Hayek in providing statistical support the theory. It seems to me that was Hayek's suggestion. We need to flesh out the skeletal outlines of the cycle, and maybe correct some of the details if necessary, with detailed statistics of how it actually worked in the past.
Posted by: fundamentalist | June 04, 2010 at 09:59 AM
I know that Rothbard didn't think much of Lou Spadaro. Spadaro had a very open and active mind. He didn't publish very much but he sponsored my BA honors thesis at Fordham (and I believe Jerry O'Driscoll's).In many ways Spadaro and Rothbard were intellectual opposites. Rothbard was a good resource and an exiting person for college students. But he was a dogmatist. Spadaro, on the other hand, would let you follow your own personal inspiration and transform old ideas into new ones. I often think that the mind-set he imparted gave me the intellectuial energy to say something original. Rothbard wanted to stamp out much originality because he was afraid of error (deviation) the way Rand was and many churches are. To risk error is the necessary price of improving knowledge.
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