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1989 Year End Round-up From the Ludwig von

In 1989, as in our previous six years, we offered famous monetary expert, Professor David Meisel- a wide array of programs in the academic, policy, and man. Student Amy Marshall supervises the collo popular arenas—all to promote the thought of Lud quium at UNLV and assists Professor Murray N. wig von Mises, the "Austrian" school of , Rothbard with his history of economic thought mag the , private property, individual liberty, num opus; student Parth Shah runs the colloquium and sound money. at Auburn; student Mark Hughes finished a book on To our generous individual Members in all 50 the economics of charity to be published by the states and 49 foreign countries, and to the farseeing Fraser Institute; and student Jeffrey A. Tucker super foundations and businesses that join them, we say vises Fertig Center programs, and is managing editor Thank You for makingthis all possible. of The Free Market. And this year we had the pleasure of seeing our former student, George Selgin, join the To keep faith with our ideals and with our do faculty of the University of Georgia, and another nors, we strive to be effective and principled, and to former student, Mark Thornton, join the faculty of do a lot with a little. If you like what you read in this Auburn University as O. P. Alford III Adjunct Assis precis of 1989, please help as much as you can. We tant Professor of Austrian Economics, just the first refuse to accept government funding and our uncom- of what we hope will be a number of similar profes ince ^recUides-establishment financial sorships. Please^see page 7 for a list of just some of backing, so we depend on those people who believe the schools whose students and teachers we helped in individual liberty and the free market, and who this academic year. oppose government meddlingin our economy. Every tax-deductible dollar sent tothe Institute goes a long way—as you will see: ublications

tudents Two: Money, Method, and the Market Process—This One: new collection of little-known and unpublished arti This year, Institute Members made it possible for cles by has just rolled off the us to aid directly 160 top free-market students. An presses. Compiled by Margit von Mises and edited additional 2,140 students received free books and by Richard Ebeling, it is the best one-volume com other help. The students chosen by the Institute are pendium of Mises's thought. Included are 21 essays proven quantities, anxious to dedicate their lives to on philosophy and methodology, money and the teaching and research in the free market. Our help business cycle, along with ringing defenses of lib enables them to advance to their utmost potential. erty, Western civilization, free trade, and the free These bright students will go on—as a number already market. Many of the articles shed new light on as have—to teach others about the free market. They will pects of Mises's thought. One section, for example, exert an influence for good for decades into the future. shows Mises's understanding of the dynamic that Some highlights: our student Peter Klein (Uni unites pressure groups and politicians in a conspir versity of , Berkeley) worked as an assis acy against the public. tant to Professor William Bartley on the collected Human Action is Mises's masterpiece, but at 900 works of F. A. Hayek. So outstanding was his work pages it is a formidable task. There has long been a that Professor Bartley asked him to edit one of the pressing need for a more portable collection of forthcoming volumes! Our student Richard Hite (Vir Mises's economic theory and policy. That's the void ginia Polytechnic) was appointed an assistant to the filled by Money, Method, and the Market Process.

Year End Round-up, 1989 The Ludwig von Mises Institute Three: scholarlyjournaldevoted totheadvancementof the Nearing completion is an important collection . Included in this year's issue are a of essays called The Meaning of Ludwig von Mises, series of pathbreaking articles, including Murray edited by Institute president Llewellyn H. Rockwell, Rothbard on the role of millennialist heresies in Jr. A companion volume to the new book by Mises, Marxism,Ralph Raico on German liberalism, Joseph it provides an overview of his thought on econom Salerno's new interpretation of Mises's theory of ics, ethics, history, politics, sociology, and philoso economiccalculation;ThomasDiLorenzoonthesub phy. The volume grew out of a Mises Institute jectivism of James Buchanan; Hans-Hermann Hoppe conference at Pace University. Contributors, among on free-market banking institutions and how govern others, include Murray N. Rothbard, Roger W. Garri ment subverts them, and Jeffrey Rogers Hummel on son, , Joseph Salerno, , public goods and national defense. Leland Yeager, and Hans-Hermann Hoppe. Kluwer Academic Publishers will prepare a hardbound edition for libraries and a paperback for Four: general distribution at a much more affordable price. In the same status is an important book called The Federal Reserve: History, Economics, Politics, ed Eight: ited by . Like all of the Institute's pub The Free Market Reader is lively, informative, lications, this book will take a non-wishy-washy and hardhitting. One student from Texas said he position for the abolition of the Fed and the estab "devoured it like dessert." It has been praised by lishment of a real gold standard. popular and academic audiences alike, and it was an alternate selection of the Conservative Book Club. Five: Richard B. Bleiberg wrote in the Laissez-Faire Re One of Mises's most important essays is "Eco view that the Free Market Reader is a "primer on nomic Calculation in the Socialist Commonwealth,'' freedom market economics in plain English! Until written in 1920. It first showed that socialism is recently the only title worth recommending was impossible, since it must fail to rationally allocate 's Economics in One Lesson. Now, a resources. Today, even Eastern European govern second title has arrived." It has also been adopted ment officials recognize that Mises was right. To as a college and secondary text. commemorate the intellectual collapse of socialism, "National Review said of the Free MarketReader and Mises's foretelling of it, the Mises Institute will that they wished they "could describe it without republish this essay in monograph-form, ~~ — a^n-g^fch^-R-woTdr because to say tt-*s *aJbmrt— economics' will immediately repel some readers Six: who assume that the subject must be boring, tech We have been pleased bythe reception for Man, nical, or beyond their ken. In fact, it is thoroughly Economy, and Liberty, the 423-page collection of es lively, in the spirit of one of its patron saints, Henry says celebrating the life and work of Murray N. Hazlitt. What it does unremittingly is to connect Rothbard, published by the Ludwig von Mises Insti economics with politics and ethics." tute this year. Even given the book's massive scope— Because of the demand, we are preparing The economics, history, philosophy, politics—it doesn't Free Market Reader II. It will contain more of same: touch on all of the contributions that Rothbard has fascinating, hardcore, cutting-edge articles by Mur made, and continues to make, in these fields and ray Rothbard, Lew Rockwell, Joe Sobran, Doug others. Bandow, Jim Bovard, Tom Bethell, and many others. Said the National Review: "Ludwig von Mises and Murray N. Rothbard are godfathers to a whole Nine: new school of economists who not only make the Hans-Hermann Hoppe's A Theory ofSocialism dismal science sing," but who also "are doing the and Capitalism, published by Kluwer Academic bulk of principled thinking on government today." Publishers and the Mises Institute, is being trans Rothbard, who "makes Ayn Rand look like a Tory" lated into Korean and will be published by the has "a free-wheeling way of exploding ideas you Economic Research Institute of the Federation of didn't realize you held." Scholars in Europe and Latin Korean Industrialists, the biggest non-profit orga America also hailed the book, with a scholarly jour nization in South Korea. They are convinced that it nal in Argentina published by the free-market ESE- is just the book to refute Marxists and Keynesians ADEgraduate school translating many of the papers. in Korea's universities and mass media. The first edition of A Theory of Socialism and Seven: Capitalism sold out. Kluwer is bringing out a second The Review of Austrian Economics IV is now edition, and it will sooncomeout in Portugueseas well. available. This year's volume continues to uphold (We're waiting for an East German edition, however!) the tradition of scholarship in Austrian economics Also, sixof MurrayRothbard's books are beingtrans that the Review is known for, as the world's only lated into French by a major publisher.

The Ludwig von Mises Institute Year End Round-up, 1989 Ten: regulation, unions, the imperial judiciary, the eco The Free Market newsletter is an 8-page monthly nomics of the drug war, government-subsidized of growing influence, with its articles reprinted in arts, a constitutional amendment against flag burn more and more newspapers. Why the success? Be ing, gun control, the S&L bailout, and many other causewe promoteideas otherswon't touch. Who else controversies. calls for shutting down the World Bank, the Interna tional Trade Commission, NASA, the public school Fifteen: monopoly, the Federal Reserve, government AIDS re Using library research organizations such as search, the income tax, the drug war, the farm pro ERIC and the Business Index, the Institute will be gram, the New Deal, the Great Society, and all "civil distributing its publications electronically to more rights" schemes? The Free Market is unique. If you than 750 academic and public libraries. Our publica have friends or business associates who might enjoy tions will also be available to more than 2,000 insti a sample issue, please drop us a note. tutional subscribers to online database retrieval We're thinking of expanding TheFree Marketinto services. a longer newsletter, or even a magazine, so that we can carry more articles and book reviews. What do you think? Drop us a note with your ideas. onferences Eleven: The Austrian Economics Newsletter is published Sixteen: by theLudwig von Mises Instituteand edited by Mark It is difficult to say which of our programs is the Thornton of Auburn University with help from our most important, but the highly acclaimed summer graduate students. It can be counted on, issue after "Mises University" sponsored by our O.P. Alford III issue, to deliver new ideas and new applications of Centersurely ranks at the top. Everyyear at Stanford Austrianism to method, theory, policy, and history, University we offer a comprehensive program for plus book reviews, commentary, and news. students that teaches and advances studies in Aus The Winter 1989 issue of the AEN included arti trian thought. This year more than 350 students cles by George Selgin on note issue under free bank sought to attend, but since we wanted to keep our ing, MurrayN.Rothbard onthe failure of free banking student-faculty ratio at 1-10, we could only accept in Chile. Hans-Hermann Hoppe on the European Cur 130. (Did you see our special report on the Stanford rency Unit, and Vdfi bl book reviews (we'cali them Conference? If notj drop us-a-rrote^-Applications are "Book Bites"). The Spring/Summer issue featured an already arriving for "Mises University 1990." Write us article by Don Bellante on subjectivism and govern if you are interested. ment intervention in the labor market, Leland Yeager The "Mises University" is unique in size,structure, on the European Currency Unit, and lots of confer and content. It offers well over 50 separate classes ence reports and book reviews. covering a range of fields within Austrian economics including: monetary theory, the gold standard, capital Twelve: theory, interest rates, the structure of production, the The Mises Institute's book catalog is called The business cycle, bankingtheory, microeconomics, mac Economics of Freedom because it does more than roeconomics, Keynesianism, financial markets, futures advertise books; it also teaches economics. (We markets, neoclassicaltheory, philosophicalfoundations never pass up an opportunity to do that!) Our new of Austrianthought, methodology,theroleof theoryand catalog features more books, including F. A. Hayek history, utilityand welfaretheory, economiccalculation, on the business cycle, for which he received the industrial organization and antitrust, entrepreneurship, Nobel Prize. Also included are helpful short biogra interventionism, international trade, privatization, phies of the Austrian giants. the nature of government growth, Marxism, the role of mathematics, and bureaucratic management. We Thirteen: even offer writing seminars at the Mises University, You'll soon bereceivinganattractivenewInstitute since Austrian thinking is expressed in narrative brochurewritten byWashington journalistJoseph Ben language rather than mathematics. Mathias. If you want more copies, let us know. Says F. Obviously, no onestudentcan take all thecourses A. Hayek: "I am heartened by the splendid work of the (26 periodsis themosta studentcancram intoa week). Ludwig von Mises Institute," which "imparts the ideas But the variety is there so the student can focus his or of liberty as my great teacher did." her energies into a particular area. Since no two stu dents of Austrian economics are at the same level of Fourteen: advancement, we offer three levels in most fields: in The Institute's vibrant op-ed programs sends free- troductory, intermediate, and advanced. This way we market editorials to hundreds of newspapers on a regu can accommodate everyone from freshmen under lar basis. Some of the subjects include government graduates to graduate students in their last year.

Year End Round-up, 1989 The Ludwig von Mises Institute One of the most exciting aspects of the "Mises Mises Institute in Fairfax, Virginia, near George University" is the chance tomeetand learn from world- Mason University, again sponsored policy seminars class Austrian scholars. For 1990, we will be expanding at 's Lehrman Auditorium in the faculty and the number of classes offered. And we Washington, D.C. One journalist noted that "attend are including special seminars in the evenings that ing a Mises Institute seminar in Washington is like offer an in-depth treatment of a wide range of topics. hearing a Bach cantata during the intermission at a The professors for the Mises University 1990 Fine Young Cannibals concert." are: Murray N. Rothbard, University of Nevada, Las Constitutional scholar Dr. Edwin J. Vieira de Vegas-, Robert Batemarco, Marymount College;Walter scribed the push for a world-central bank and global Block, FraserInstitute; Williamson Evers, HooverInsti inflation, and why the U.S. Constitution is the key to tution; , Auburn University;David Gor sound money; gun-control expert Dr. Stephen P. don, Ludwig von Mises Institute; Jeffrey Herbener, Halbrook spoke on why tyrannical governments al Washington andJefferson College; , Seat ways want to disarm the public; Joseph Sobran of tle University; Hans-Hermann Hoppe, University of National Review discussed why "commitment to Nevada, Las Vegas; Sheldon Richman, Institute for principle" is the key to victory; and Tom Bethell of Humane Studies; Joseph Salerno, Pace University; the American Spectator spoke on how the supply George Selgin, University of Georgia; , siders overlooked the importance of private prop Rollins College; Mark Thornton, Auburn University; erty. All are published in our WorkingPaper series. and Deborah Walker, Loyola University. Nineteen: Seventeen: The Austrian Economics Colloquium, held "Keynes and Keynesianism" was the subject of a weekly at Auburn University, is an active source of conference sponsored by Dr. Mark Skousen and the intellectual stimulation for students, faculty, and Ludwigvon Mises Institute's O.P. Alford III Center. John local Members. Here are some of the topics and Maynard Keynes is the founding father of the unceas speakers that appeared at the colloquium this year: ing federal debt, government intervention, and infla Professor SudhaShenoy of the University of Newcas tion that plague us. Held at Harvard University, April tle, Australia; Professor Karl Socher of the Carl Men- 28-29, 1989, the conference attracted more than 140 ger Institute in Vienna, Austria; Professor Randall G. participants and generated many outstanding papers Holcombe of Florida State University; and Dr. Don thatwill becollected intoa bookedited byDr.Skousen. Boudreaux, formenMises fellow. nnw-inJawschoo/ at• Dr. Skousen presented fwo papers, "A History of the University of Virginia. Anti-Keynesian Doctrines," and "Keynes and the Anti-Savings Mentality"; Dr.David Gordon of the Lud Twenty: wig von Mises Institute discussed "The Philosophi cal Foundations of Keynesianism"; Professor Roger Our center at the University of Nevada, Las Garrison of Auburn University presented "Income- Vegas, rounded out its year of interdisciplinary col- Expenditure Analysis and the Chicago School: Why loquia with Professor Robert Higgs of Seattle Univer Milton Friedman is a Keynesian"; Professor Don sity, author of Crisis and Leviathan and an adjunct Bellante of the University of South Florida examined scholar of the Mises Institute, speaking on how gov the "Post-Keynesians and Neo-Keynesians"; Profes ernment grows. sor Hans-Hermann Hoppe of the University of Ne vada, Las Vegas presented "Keynes vs. Mises"; Twenty-One: Professor Jeffrey Herbener of Washington and Jeffer Socialism is intellectually kaput. But what will son College gave a devastating presentation of "Mod economic life be like in the post-socialist world? If ern Myths of Keynesian Economics"; Professor present trends continue, the West will become more Joseph Salerno of Pace University linked bad mone bureaucratized. That's why the Institute is planning a tary theories and the current state of the world in conference on "Bureaucracy: Political Economy in the "Keynesianism and World Inflation"; and Professor Post-Socialist World." NoAustrian conferencehas been Murray N. Rothbard asked and answered the ques organized to address the subject, even though Mises tions "Keynes the Man: Hero or Villain?" wrote a book on it. Among the topics to be covered: An economist in the audience said "the Institute economic calculation and bureaucracy; the rise of bu did a remarkable job with this conference. It covered reaucracy in the U.S.; bureaucratic expansion and lots of ground and did so thoroughly and defini growth; bureaucracy vs. the private sector; bureau tively." An MIT student asked, "why was it so short?" cracy in corporate America; bureaucracyvs. entrepre- AHarvard student wondered why her professors had neurship; prospects and barriers in dismantling "not exposed me to this kind of thinking." bureaucracy; and more. And the conference willresult in a book. Ifyou agree that bureaucracyis a problem too Eighteen: often ignored by economists, and would like to support This year the Lawrence Fertig Center of the or attend this conference, let us hear from you.

The Ludwig von Mises Institute Year End Round-up, 1989 Twenty-two: One highlight was Rockwell's second appear "Religion and the History of Economic Thought" ance on CNN's Crossfire with Pat Buchanan and Tom is the subject of another planned conference. Every Braden, to debate energy policy with a Ralph Nader major religious movement since the founding of sidekick. Pat Buchanan reports that CNN received Christendom can find its world-view, for good or evil, more calls from that one show than any other in reproduced in economic movements. The major fig recent memory "and they were 100% pro-Rockwell." ures in the history of thought—the Spanish Scholas Lew also made a third Crossfire appearance and tics, the Laissez-Faire Frenchmen, Adam Smith, Karl made many speeches including one at Jim Marx, the Austrians, John Maynard Keynes—all were Blanchard's investment conference in October. influenced by religious traditions. How? And what Rockwell's writings have appeared in more than strains of theological thought have been most con 25 publications, including , the ducive to the economics of liberty? Washington Times, the Orange CountyRegister, Chroni We have been warned that nothing like this has cles, The New American, Sound Money Investor, the ever been attempted, probably because of the mod Justice Times, National Review, Personal Investing ern tendencyto belittlethe role of religion in history. News, and the ClevelandPlain Dealer. And an article in Ifyou would like to help us open a whole new field of the WSJ by Greg Kaza lauded the Mises Institute as one study, earmark your contribution for "Religion and of the few organizations criticizing the corrupt Depart the History of Economic Thought." ment of Housing and Urban Development before the scandals broke. Twenty-three: Henry Hazlitt is one of the giants of Austrian eco Twenty-six: nomics. His Economics in One Lesson brought sound La Figaro, France's most important and well- economic thinking to millions and his contributions to read weekly, published a major and very lengthy understanding the fallacies of Keynesianism are un profile of this year. It summarized countable. Tragically, this courageous author of 25 his contributions to economics, history, politics, books and thousands of articles is too often over and philosophy. The article is part of a series on the looked and his creative genius underestimated. world's most important advocates of liberty, which The Ludwig von Mises Institute would like to will be published as part of a book. change that. To ensure his legacy will be preserved Jorthe next generation, the.JnslituteJs_organizing^_ Twenty-seven: major conference on his life and work. It will include Forbes Magazine published a major profile on a look at Hazlitt as economist, philosopher, journal Rothbard and Austrian economics by Peter Brimelow. ist, and literary critic. We hope to publish the papers It noted that he "is to the libertarian right of Milton in a book, along with the massive bibliography of Friedman" and "his audience is growing." Forbes Henry Hazlitt (5,500 citations!) compiled by Mises dubbed Rothbard the "Happy Warrior of American Institute graduate student Jeff Tucker. The volume economics" and said that Austrian economics "has would be called "Henry Hazlitt: Giant of Liberty." If been attracting increasing attention in a world grown you agree that Henry Hazlitt deserves more recogni weary of government intervention's failures." tion, earmark your special contribution to "The Henry Hazlitt Fund." Twenty-eight: Richard Band's Personal Finance, 100,000 circu Twenty-four: lation, ran a "Salute to Lu—and to Lew": "Ludwigvon The Institute is being certified by the Interna Mises (affectionately known to his wife, Margit, as tional Board of Financial Planners, Inc., so that our 'Lu') was probably the century's greatest free-mar programs will earn continuing education credits in ket economist" and "Lew Rockwell, president of the economics for certified financial planners. Ludwig von Mises Institute, is carrying the great man's educational mission forward. In fact, the Insti tute deserves much of the credit for the recent groundswell of interest in the ideas of the Austrian M ises in the Media school of economics, to which Mises belonged."

Twenty-five: Twenty-nine: This year Institute president Lew Rockwell took Other publications where Mises was mentioned an even higher profile in the media, speaking on include TheEconomist, the ChristianScience Monitor, everything from earthquakes to socialism, from fi The New Republic, Visao (Brazil's Newsweek), and nancial markets to unions. He made more than 350 Time Magazine. All this attention has helped gener radio and TV appearances this year alone! And more ate an avalanche of inquiries. We have been mailing than 20 radio stations have asked him to be a regular about 200 information packets everyweek. Theword commentator on economics and government. is spreading!

Year End Round-up, 1989 The Ludwig von Mises Institute E ntrepreneur's Council A cademic Staff

Thirty-one: Thirty-two: The Entrepreneur's Council of the Mises Insti The academic staff of the Institute contribute tute brings together outstanding businessmen com their scholarly input to the advancement of Austrian mitted to the principles and the practice of the free economics, under the direction of Professor market. The members are: Rothbard. They are:

Roger Arnold Hans-Hermann Hoppe Burton S. Blumert Robert D. Love University ofNevada, University ofNevada, California Kansas Las Vegas Las Vegas 0. P. Alford, 01 J. J. Mahoney Dominick Armentano Edward L. Hudgins Texas South Carolina UniversityofHartford HeritageFoundation Deborah R. Ayers J. William MiddendorfJ Charles W. Baird Kurt Leube Maryland ' Washington, D. C. California State HooverInstitution Michael Baybak A. Minis, Jr., University, Hayward Tibor Machan California Georgia Bruce Bartlett Auburn University James U. Blanchard, III David H. Padden U.S TreasuryDepartment Louisiana Illinois Don Bellante American Bureau of F.Joseph Bradley Tyson E. Poppell Universityof'South Florida Economic Research Maryland Texas Walter Block David Osterfeld Douglas R. Casey Donald M. Rembert FraserInstitute St. Josephs College Montana Virginia Joe Cobb William Peterson Robert T. Dofflemyer James M. Rodney U. S. Congress Campbell University California Thomas DiLorenzo Ralph Raico Bert Dohmen-Ramirez Catherine D. Roland UniversityofTennes State University Hawaii Alabama see at Chattanooga Collegeat Buffalo William A. Dunn Lawrence Reed Howard J. Ruff Richard Ebeling Florida Mackinac Center California HillsdaleCollege Kenneth J. Gerbino Sheldon Richman John L. Ryan Robert B. Ekelund California Institute forHumane Indiana,_, _, ...... _Auburn University Robert D. Kephart "' Studies Florida Howard Segermark Williamson Evers Joseph Salerno Washington, D. C. HooverInstitution David H. Keyston Pace University Roger Garrison California Raleigh L. Shaklee Mark Skousen Auburn University H. F.Langenberg California Rollins College Missouri Mark Skousen David Gordon Barry Smith Hugh E. Ledbetter Florida Mises Institute InternationalAcademy Oklahoma Thomas Taylor Steve Hanke ofPhilosophy, Lewis E. Lehrman Massachusetts. JohnsHopkins University Liechtenstein New York Robert F. Hebert Thomas C. Taylor Auburn University WakeForest University Jeffrey Herbener Mark Thornton Washingon and Auburn University JeffersonCollege Leland B. Yeager M edia Fellows Robert Higgs Auburn University Seattle University Edwin Vieira, Jr. Thirty: Randall G. Holcombe National Alliance for FloridaState University Constitutional Money. The Ludwig von Mises Institute's Media Fellows contribute literary talents and knowledge of how ideas can be made accessible to a wide audience. They are: Tom Bethell,Washington editor, TheAmerican Spectator, M ore about Austrian M. Stanton Evans, syndicated columnist; Graeme B. Littler, financial editor, American Press Economics International; Bradley Miller, head of editorial services, the Heri Thirty-three: tage Foundation; The Boston Globe wrote that "Poles evince William Murchison, editorial page editor, TheDallas more impassioned commitment to the logic of free MorningNews; markets than the Westerners," and especially influ Howard Phillips, chairman, the Conservative Caucus; ential have been "Ludwig von Mises and Friedrich Joseph Sobran, senior editor, TheNationalReview. von Hayek."

The Ludwig von Mises Institute Year End Round-up, 1989 I nstitute Officers, Advisors, S chools Where We've and Staff Helped Thirty-four: Thirty-five: Margit von Mises, chairman Froma studentletter: "As a studentwhich the Mises John V. Denson Patricia Heckman Institute has helped, Iwould like to express my gratitude vice chairman vice president, confer for the newsletters and publications which I've received, Burton S. Blumert ences and membership and—of course—the opportunityto hear Drs. Rothbard, chairman, Lianne Araki Hoppe,Garrison,and Gordon at last year's MisesConfer executive committee office manager F. A Hayek Norma Marchman ence has done a great deal to make me a betterstudent of board ofadvisors directorofpublicrelations economics and—I hope—a more effective advocate of Henry Hazlitt Mardelle Orr Austrianeconomics.Also, knowing that thereis an active board ofadvisors controller and growing Austrian movement is extremely encourag Ellice McDonald Judith F. Thommesen ing to me. So Isay thank you to the Mises Institute!" board ofadvisors managing editor, scholarly publications board ofadvisors Mark Thornton Murray N. Rothbard Auburn University board ofadvisors and academic coordinator Thirty-six: vicepresident, Jeffrey A. Tucker academic affairs managingeditor, Here are some—but not all!—of the colleges and LlewellynH.Rockwell,Jr. The Free Market. universities wherewe were able to help students and president teachers in 1989, thanks to Institute Members:

Allegheny College Bryn Mawr College University, Korea Framingham State College John Carroll University Allentown College Bucknell University Christendom College Francis Marion College Johns Hopkins University American International CBN University The Citadel Franklin and Marshall Juanita College College California Institute of City College of New York College Kansas State University American University Technology, Pasadena City University of Seattle Free University, Kennesaw College The Netherlands Amherst College California State Polytechnic Claremont College Kent State University Institute, Pomona Frostburg State College Andrews University Clark University Kenyon College California StateUniversity, George Mason University Anna Maria College Clearwater Christian Kobe University, Japan -Bakeraficld- urge-Washington ^AppalachianState University" College TCutztown University California StateUniversity, University Arizona State University Clemson University Chico Georgetown University Lake Erie College Arkansas Technical California StateUniversity, Clinch Valley College Lake Forest School of University Georgia Institute of Fresno Colby College Technology Management Asbury College California StateUniversity, Colgate University Georgia Southern University Lehigh University Ashland College Fullerton College ofBoca Raton Georgia State University Lehman College Assumption College California StateUniversity, College of the Holy Cross Golden Gate University Lemoyne College Auburn University Hayward College ofthe Southwest Graceland College Leyden University, AuburnUniversity, California StateUniversity, The Netherlands College ofWilliam and Mary Montgomery Long Beach Liberty University Hamilton College Augsburg College California StateUniversity, Linfield College Los Angeles Columbus College Hampshire College Babson College Long Island University California StateUniversity, Connecticut College Hampden-Sydney College Baldwin Wallace College Louisiana State University Northridge Cornell University Harding University Bar-Dan University, Israel Louisiana TechnicalUniversity California StateUniversity, Dartmouth College Harvard University Bates College Sacramento Loyola University DePaul University Harvey Mudd College Baylor University CaliforniaStateUniversity, LoyolaMarymountUniversity Drake University Haverford College Belhaven College Stanislaus Lund University, Sweden Drexel University Hillsdale College Bellarmine College Cameron University Macalester College Duke University Hobart College Bellevue College Campbell University Manhattanville College Eastern Carolina University Hofstra University BelmontAbbey College Carleton College Marine Military Academy Eastern College Howard University Benedictine College Carleton University, Canada Marquette University Eastern Illinois University Howard Payne University Bennington College Carnegie Mellon University Marsielles University, Humboldt State University Bethany College Case Western Reserve Eastern Oregon State France University Bishop College University Hunter College Marymount College Elizabethtown College Bloomfield College Catholic University Huntington College Marymount University Emory University Boise State University Centenary College Idaho State University Massachusetts Institute of Boston College Center for Economic ESEADE, Argentina Illinois InstituteofTechnology Technology Boston University Studies, Guatemala Felician College Illinois State University McGill University, Canada Bowdoin College Central State University Fitchburg State College Indiana State University McNeese State University BowlingGreen State Centre College Florida AtlanticUniversity Indiana University Memphis State University University Cerritos College FloridaInstitute ofTechnology Indiana Wesleyan University Merced College Brandeis University Chaminade University Florida State University ITES, Monterrey, Mexico Mercer University Brigham Young University Chapman College Foot Hills College Ithaca College Mercyhurst College Brown University Chonnam National Fordham University Jacksonville University Merrimack College

Year End Round-up, 1989 The Ludwig von Mises Institute MetropolitanState University Saint Leo College Trinity College University ofIndonesia University ofTexas, Dallas Miami University Saint LouisUniversity Trinity Evangelical Divinity University ofIowa University ofToledo Michigan Christian College Saint Mary's College, School University ofKansas University ofToronto, California Trinity University Middlebury College University ofKentucky Canada Millsaps College Saint Mary's College, Troy State University University of Lancaster, Maryland University ofTrier, Mississippi StateUniversity Tufts University England West Germany Mobile College Saint Mary's College, Tulane University University ofLowell, Minnesota University ofTulsa Monmouth College Tuskegee Institute Massachusetts Saint Mary's College, Texas University ofUtah Montana State University Tyne Polytechic University, University ofMaine Saint Mary's College, University ofVermont Montclair State College England University of Manchester, Scotland U.S. Naval Academy England University ofVictoria, Moscow State University, Saint Mary's University, U.S. Naval Postgraduate University ofMaryland Canada USSR Nova Scotia School UniversityofMassachusetts, University ofthe Virgin Mount Holyoke College Saint OlafCollege Universidad Francisco Amherst Islands Muhlenberg College Salem State College Marroquin, Guatemala UniversityofMassachusetts, University ofVirginia New Mexico Highlands Salisbury State College Universidad Interamericana, Boston University University ofWashington Sam Houston State Puerto Rico University of Melbourne, New MexicoStateUniversity University ofWest Florida University Universiteit van Port Australia Newport College Samford University Elizabeth, South Africa University ofMiami University ofWisconsin San Diego State University University College, Belize University ofMichigan UniversityofWitwaterstand, Nichols College San Jose State University University College, Ireland University ofMinnesota South Africa Nicholls State University Santa Clara University University College, Spain University ofMississippi University ofWyoming North Carolina State Sarah Lawrence College University ofAkron University ofMissouri Utah State University University SSDS, Italy University ofAlabama University ofMontana Utica College North Dakota State Seattle University University of Alabama, University ofMontevallo Valdosta State University University Birmingham University of Montreal, North Texas State Seton Hall University Valparaiso University University ofAlaska Canada University Siena College Vanderbilt University University ofArizona University of Nebraska, Northeastern University Sierra Nevada College University ofArkansas Omaha Vassar College Northwest College Simmons College University ofBirmingham, University of Nevada, Las VUlanova University Northwest Missouri State Simon Fraser University, England Vegas Vincennes University University Canada University ofBuckingham, UniversityofNewHampshire Northwestern University Skidmore College Virginia Commonwealth England University ofNew Mexico University Northern Illinois University Slippery RockState College University of California, University ofNew Orleans Virginia Military Institute Northern Montana College Smith College Berkeley University ofNorth Carolina, Virginia Polytechnic Northwestern College South Dakota State University of California, Asheville Davis Institute Northwood Institute University University ofNorthCarolina, Wabash College Nyack College Southern Connecticut University ofCalifornia, La Chapel Hill State University Jolla Occidental College University ofNorthCarolina, Wake Forest University Southern Illinois University University of California, Greensboro Washington University Ohio State University Los Angeles Southern Methodist University ofNorth Dakota Washington and Jefferson Ohio University University of California, University University ofNorthern Iowa College Ohio Wesleyan University Riverside Southeastern Massachu University of Northern OklahomaStateUniversity University of California, Washington and Lee setts University Texas San Francisco University Olivet Nazarene University Southeast Missouri State University ofNotre Dame Washington StateUniversity Oral Roberts University University University of California, Santa Barbara University ofOklahoma Oregon State University Southwest Baptist Wellesley College University of California, University ofOregon Oxford University, England University Wesleyan University Santa Cruz UniversityofOttawa, Canada Pace University Southwest Missouri State West Georgia College University University ofCentral Florida University ofParis, France Pacific Lutheran University West Texas State Spring Hill College University ofChicago University ofPennsylvania Pan Am University University University ofColorado University ofPortugal Pepperdine University Western Illinois University State University of New University ofConnecticut University ofRichmond Polytechnic Institute of Western Kentucky York, Albany University of Copenhagen, University ofRochester New York University State University of New Denmark University ofSan Diego Pomona College York, Binghamton University ofDallas Western Maryland College University ofSanta Clara Princeton University State University of New University ofDelaware Western New England University ofScranton Principia College York, Buffalo University ofDenver College University ofthe South Purdue University State University of New University ofDurham, Westminster College University ofSouth Africa Radford University York, Fredonia England Westmont College University ofSouth Ramapo College State University of New University of Edinburgh, Alabama Wheaton College Randolph Macon College York, Old Westbury Scotland UniversityofSouthCarolina Whitman College Rensselaer Polytechic State University of New University ofFlorida York, Stony Brook University ofSouth Florida Wichita State University Institute University ofGeorgia University ofSouthern Rhodes College Stetson University University ofHartford Williams Woods College California Rochester Institute of Suffolk University University ofHawaii Williams College Technology Summit University University of Southern University ofHelsinki, Mississippi WofTord College Rollins College Syracuse University Finland University ofTampa Yale University Roosevelt University Temple University University ofHong Kong University ofTennessee York College of Rutgers University Texas A&M University University ofHouston University of Tennessee, Pennsylvania Texas Christian University Saint John's College UniversityofHull, England Chattanooga Youngstown State Saint John's University Texas Southern University University ofIceland University ofTexas, University Saint Joseph's College Texas Technical University University ofIdaho Arlington Xavier University of Saint Lawrence University Towson State University University ofIllinois University ofTexas, Austin Louisiana

The Ludwig von Mises Institute Year End Round-up, 1989