Lew writes,
After Ludwig von Mises’s death in 1973, the Austrian School — and therefore the undiluted cause of liberty and prosperity — was in the doldrums. There were great Austrian economists teaching — preeminently Murray N. Rothbard — but they were isolated, and the pro-Fed Chicago School was in the ascendant. The great books were difficult to come by, and young people had almost no place to go, to learn about the real free market and sound money, and their intellectual foundations.
You can understand why Margit von Mises, his widow, was so thrilled to learn of plans for a Mises Institute a few years after her husband’s death, and gave it her blessing.…
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