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Karl von Mises

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Friday
January 21, 2005
Commentary
Mises, Friedman and Rand: A Methodological Comparison
by Edward W. Younkins
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Three of the most respected and influential free-market thinkers of the 20th century are Ludwig von Mises (1881-1973), Milton Friedman (1912-     ), and Ayn Rand (1905-1982). The purpose of this essay is to compare and evaluate the respective methodological approaches of each of these theorists who have influenced the course of history with their ideas. We will see how and why Randís realist approach is superior to both Misesí rationalism and Friedmanís empiricism. (Read more...)
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