Why today’s political class needs Ludwig von Mises


  • 22/07/2010
The Institute of Economic Affairs invites you to attend:

A Seminar on: Why today’s political class needs Ludwig von Mises

Session One 4:00pm-4:45pm
The life, work, importance and influence of Ludwig von Mises

Chairman: Prof Philip Booth, Institute of Economic Affairs
Speaker: Dr Eamonn Butler, Adam Smith Institute

Session Two 4:45pm-5:40pm
NHS reform: how the new government can learn from Ludwig von Mises

Chairman: Toby Baxendale, The Cobden Centre
Speaker: Dr John Meadowcroft, King’s College London
Commentator: Steve Baker, Conservative MP for Wycombe

Tea/coffee 5:40pm-6:00pm

Session Three 6:00pm-7:00pm
Booms, busts and crashes: what Austrian economics tells us about the crash of 2008

Chairman: James Tyler, Tyler Capital
Speaker: Dr Anthony Evans, ESCP Europe Business School
Commentator: Allister Heath, Editor, City AM

Each session will have ample time for discussion.

Many sympathisers with free-market economics will have read Hayek and Friedman. Fewer, however, will have read the original works of Mises. Mises was not only important because he laid foundations on which Hayek built; he made crucial contributions to economics which have not been bettered. These contributions are highly relevant to today’s debates. What could be more important in the wake of the financial crash than the development of a theory of cycles that showed how mismanaged monetary policy by nationalised central banks could cause booms, busts and crashes? For those contemplating radical public service reforms, the insight that you need price and cost signals revealed by real actors spending real money is essential.

The IEA has recently published an acclaimed primer on von Mises by Dr Eamonn Butler. This event will discuss some of the themes in that primer and also discuss how the work of von Mises should be at the heart of practical policy thinking today.

RSVP (acceptances only) by email to IEA Reception or by phone: 020 7799 8900.