I just finished a conversation with Danny Sanchez, administrator of the Mises Academy, about the technical details of Mises Academy courses. A few days ago, I re-read Mises’s “Economic Calculation in the Socialist Commonwealth” in order to prepare for my lectures at this weekend’s IHS Seminar on “Capitalism and Its Discontents” at Rhodes, my “Capitalism and Socialism” course that starts next one week from today, and our discussion of the text in my “Classical and Marxian Political Economy” course. As tends to happen when I read and re-read things, I’m thinking of about a zillion complementary readings that go along with Mises or that answer some of the obvious questions the text raises. Our meetings in the Capitalism and Socialism course will consist of about an hour of lecture and thirty minutes of Q&A. In addition to the lectures, the Q&A, and the assignments, I will put together a list of suggested readings and media that supplement our discussions and that answer questions that come up during the course. Even though there will only be five formal lectures, by the time we’re finished we will have accumulated a veritable lifetime of materials for further study.
Why is this important? In a nutshell, peace, prosperity, and civilization are not automatic. We’re going to spend about a month and a half talking about the social institutions that make them possible. I hope you will join us.