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Hans Sennholz
Hans F. Sennholz (; ; 3 February 1922 – 23 June 2007) was a German-born American Austrian School economist and prolific author who studied under Ludwig von Mises. A Luftwaffe pilot during World War II, he was shot down over North Africa on 31 August 1942, and spent the remainder of the war in a POW camp in the United States. After returning to Germany, Sennholz took degrees at the universities of Marburg in 1948 and Köln in 1949. He then moved to the United States to study for a Ph.D. at New York University where he became Mises' first PhD student in the United States. He taught economics at Grove City College, 1956–1992. After he retired, he became president of the Foundation for Economic Education, 1992–1997. Early life World War II He was drafted into the Luftwaffe during World War II and became the pilot of a Messerschmitt Bf 109, earning the Iron Cross for valor from his engagements in Norway, France, and Russia. He was shot down over North Africa on August 31, 19 ...
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Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the ...
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Joseph Salerno (economist)
Joseph T. Salerno (born 1950) is an American Austrian School economist who is Professor Emeritus of Economics in the Finance and Graduate Economics departments at the Lubin School of Business at Pace University, Academic Vice President of the Ludwig von Mises Institute, and holds the John V. Denson II Endowed Professorship in the economics department at Auburn University. He earned his B.A. at Boston College and his M.A. and Ph.D. at Rutgers University. Early life Salerno's parents immigrated to the United States from Italy. As a child, he observed his " New Deal Democrat" father's disdain for a visiting relative from Italy who declared himself a member of the communist party there. Salerno said that following the incident, he became a supporter of Barry Goldwater's 1964 presidential candidacy and a "full-fledged Goldwaterite."Salerno, Joseph. "It Usually Ends With Murray Rothbard." ''LewRockwell.com''. 23 June 200/ref> Thereafter, Salerno decided that he wanted to study ...
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Frederic Bastiat
Frederic may refer to: Places United States * Frederic, Wisconsin, a village in Polk County * Frederic Township, Michigan, a township in Crawford County ** Frederic, Michigan, an unincorporated community Other uses * Frederic (band), a Japanese rock band * Frederic (given name), a given name (including a list of people and characters with the name) * Hurricane Frederic, a hurricane that hit the U.S. Gulf Coast in 1979 * Trent Frederic, American ice hockey player See also * Frédéric * Frederick (other) * Fredrik * Fryderyk (other) Fryderyk () is a given name, and may refer to: * Fryderyk Chopin (1810–1849), a Polish piano composer * Fryderyk Getkant (1600–1666), a military engineer, artilleryman and cartographer of German origin * Fryderyk Scherfke (1909–1983), an inte ...
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Jean-Baptiste Say
Jean-Baptiste Say (; 5 January 1767 – 15 November 1832) was a liberal French economist and businessman who argued in favor of competition, free trade and lifting restraints on business. He is best known for Say's law—also known as the law of markets—which he popularized. Scholars disagree on the surprisingly subtle question of whether it was Say who first stated what is now called Say's law. Moreover, he was one of the first economists to study entrepreneurship and conceptualized entrepreneurs as organizers and leaders of the economy. Early life Say was born in Lyon. His father Jean-Etienne Say was born to a Protestant family which had moved from Nîmes to Geneva for some time in consequence of the revocation of the Edict of Nantes. Say was intended to follow a commercial career and in 1785 was sent with his brother Horace to complete his education in England. He lodged for a time in Croydon and afterwards (following a return visit to France) in Fulham. During the latter ...
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John W
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ...
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Calvinist
Calvinism (also called the Reformed Tradition, Reformed Protestantism, Reformed Christianity, or simply Reformed) is a major branch of Protestantism that follows the theological tradition and forms of Christian practice set down by John Calvin and other Reformation-era theologians. It emphasizes the sovereignty of God and the authority of the Bible. Calvinists broke from the Roman Catholic Church in the 16th century. Calvinists differ from Lutherans (another major branch of the Reformation) on the spiritual real presence of Christ in the Lord's Supper, theories of worship, the purpose and meaning of baptism, and the use of God's law for believers, among other points. The label ''Calvinism'' can be misleading, because the religious tradition it denotes has always been diverse, with a wide range of influences rather than a single founder; however, almost all of them drew heavily from the writings of Augustine of Hippo twelve hundred years prior to the Reformation. The ...
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Die Welt
''Die Welt'' ("The World") is a German national daily newspaper, published as a broadsheet by Axel Springer SE. ''Die Welt'' is the flagship newspaper of the Axel Springer publishing group. Its leading competitors are the ''Frankfurter Allgemeine Zeitung'', the ''Süddeutsche Zeitung'' and the ''Frankfurter Rundschau''. The modern paper takes a self-described "liberal cosmopolitan" position in editing, but it is generally considered to be conservative."The World from Berlin"
'''', 28 December 2009.
"Divided ...
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Prisoner-of-war Camp
A prisoner-of-war camp (often abbreviated as POW camp) is a site for the containment of enemy fighters captured by a belligerent power in time of war. There are significant differences among POW camps, internment camps, and military prisons. Purpose-built prisoner-of-war camps appeared at Norman Cross in England in 1797 during the French Revolutionary Wars and HM Prison Dartmoor, constructed during the Napoleonic Wars, and they have been in use in all the main conflicts of the last 200 years. The main camps are used for marines, sailors, soldiers, and more recently, airmen of an enemy power who have been captured by a belligerent power during or immediately after an armed conflict. Civilians, such as Merchant navy, merchant mariners and war correspondents, have also been imprisoned in some conflicts. With the adoption of the Geneva Convention on Prisoners of War (1929), Geneva Convention on the Prisoners of War in 1929, later superseded by the Third Geneva Convention, prisoner-o ...
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Iron Cross
The Iron Cross (german: link=no, Eisernes Kreuz, , abbreviated EK) was a military decoration in the Kingdom of Prussia, and later in the German Empire (1871–1918) and Nazi Germany (1933–1945). King Frederick William III of Prussia established it on 17 March 1813 during the Napoleonic Wars (EK 1813). The award was backdated to the birthday (10 March) of his late wife, Queen Louise. Louise was the first person to receive this decoration (posthumously). Recommissioned Iron Cross was also awarded during the Franco-Prussian War (EK 1870), World War I (EK 1914), and World War II (EK 1939). During the 1930s and World War II, the Nazi regime superimposed a swastika on the traditional medal. The Iron Cross was usually a military decoration only, though there were instances awarded to civilians for performing military functions, including Hanna Reitsch, who received the Iron Cross, 2nd class, and Iron Cross, 1st Class, and Melitta Schenk Gräfin von Stauffenberg, who received ...
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Messerschmitt Bf 109
The Messerschmitt Bf 109 is a German World War II fighter aircraft that was, along with the Focke-Wulf Fw 190, the backbone of the Luftwaffe's fighter force. The Bf 109 first saw operational service in 1937 during the Spanish Civil War and was still in service at the end of World War II in 1945. It was one of the most advanced fighters when it first appeared, with an all-metal monocoque construction, a closed canopy, and retractable landing gear. It was powered by a liquid-cooled, inverted-V12 aero engine. It was called the Me 109 by Allied aircrew and some German aces, even though this was not the official German designation. It was designed by Willy Messerschmitt and Robert Lusser who worked at Bayerische Flugzeugwerke during the early to mid-1930s. It was conceived as an interceptor, although later models were developed to fulfill multiple tasks, serving as bomber escort, fighter-bomber, day-, night-, all-weather fighter, ground-attack aircraft, and reconnaissance ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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Luftwaffe
The ''Luftwaffe'' () was the aerial-warfare branch of the German ''Wehrmacht'' before and during World War II. Germany's military air arms during World War I, the ''Luftstreitkräfte'' of the Imperial Army and the '' Marine-Fliegerabteilung'' of the Imperial Navy, had been disbanded in May 1920 in accordance with the terms of the 1919 Treaty of Versailles which banned Germany from having any air force. During the interwar period, German pilots were trained secretly in violation of the treaty at Lipetsk Air Base in the Soviet Union. With the rise of the Nazi Party and the repudiation of the Versailles Treaty, the ''Luftwaffe''s existence was publicly acknowledged on 26 February 1935, just over two weeks before open defiance of the Versailles Treaty through German rearmament and conscription would be announced on 16 March. The Condor Legion, a ''Luftwaffe'' detachment sent to aid Nationalist forces in the Spanish Civil War, provided the force with a valuable testing grou ...
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