Austrian FINAL

Scholars SCHEDULE

Conference
March 10–12, 2011
Ludwig von Mises Institute
Auburn, Alabama

• All times central time. All events held at the Mises Institute; see directions, end of schedule.
• Please request copies of papers directly from the presenters.
• Assistive Listening Headphones are available at the front desk.
• Complimentary refreshments between sessions, and dinners, in Hogan Graduation Area (covered outdoor area).
• To preorder Chick-fil-A boxed lunches, sign up in Hogan Graduation Area (covered outdoor area).
• Please turn off cell phones during sessions.
• ASC receipts are available at the registration table in Ward Library after 10:00 a.m. on Friday.

REMINDER: Daylight Saving Time begins on Sunday, March 13. Remember to set your clocks ahead one hour on Saturday night.

THURSDAY, March 10
9:00–9:15 a.m. Shuttle from AU Hotel and GameDay Center to Mises Institute. Coffee, juice, and doughnuts.

9:30−11:-00 a.m. Authors’ Forum (Wolfe Lecture Hall)

• Chair: Mark Thornton, Mises Institute)
• Tragedy of the Euro and Deep Freeze, Philipp Bagus
• Nullification and Rollback, Thomas E. Woods, Jr.
• The Capitalist and the Entrepreneur, Peter G. Klein
• The Worldview of Rothbard, Gerard Casey
• Money, Sound and Unsound, Joseph T. Salerno
• Walk Away: The Rise and Fall of the Home-Ownership Myth, Douglas French
• An Essay on Economic Theory: An English Translation of Richard Cantillon’s Essai sur la Nature
du Commerce en General, Mark Thornton (with Chantal Saucier)
11:15 a.m.−12:15 p.m. Murray N. Rothbard Memorial Lecture (Wolfe Lecture Hall)
Philipp Bagus (University Rey Juan Carlos) Eliminating Monetary Externalities

12:15−1:30 p.m. Lunch on your own (Chick-Fil-A boxed lunch for sale outside back)

1:30−3:00 p.m. S1 Economic Theory I (Wolfe Lecture Hall)

• Chair: Robert Mulligan (Western Carolina University)
• Fiat Money Cannot Last. Or Can it? Thorsten Polleit (Frankfurt School of Business)
• Two Theoretical Approaches to Human Behavior and Social Institutions. Javier Aranzadi
(Universidad Autónoma de Madrid)
• Incentives in Economic Theory. Matt McCaffrey (University of Angers)
• A Note on Rothbardian Decision-Making Rents. Vladimir Topan (Academy of Economic
Studies, Bucharest)

3:15-4:45 p.m. S2 Economic Theory II (Wolfe Lecture Hall)

• Chair: Paul Cwik (Mount Olive College)
• The Trojan Horse of Happiness Research. Thomas DiLorenzo (Loyola University Maryland)
• The Pure Time Preference Theory of Interest and Its Enemies. Jeffrey Herbener
(Grove City College)
• Entrepreneurship as a Nexus of Enterprise. Gabriel A. Gimenez-Roche (Champagne
School of Management)
• When Did India De-Socialize? G.P. Manish (Suffolk University)

5:00−6:00 p.m. Mises Memorial Lecture (Wolfe Lecture Hall)

Helio Beltrão (Mises Institute, Brazil) Austro-Libertarianism as a Starfish

6:00 p.m. Buffet Dinner at the Mises Institute

7:00–8:00 p.m. Shuttle from Mises Institute to AU Hotel and GameDay Center every 15 minutes

FRIDAY, March 11
8:30 and 8:45 a.m. Shuttle from AU Hotel and GameDay Center to Mises Institute. Coffee, juice, and doughnuts
9:00−10:00 a.m. F.A. Hayek Memorial Lecture (Wolfe Lecture Hall)
William Butos (Trinity College) Hayekian Social Orders and Institutions

Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832
phone 334.321.2100 • Mises.org • contact@mises.com
 10:15−11:45 a.m. S3 I. Explorations in Macroeconomics and Finance (Wolfe Lecture Hall)
• Chair: Timothy Terrell (Wofford College)
• Did Increased Required Reserves Prolong the Great Depression? Jeffrey Herbener and
Shawn Ritenour (Grove City College)
• The Central Fallacy of Keynesian Economics. Robert F. Mulligan (Western Carolina
University)
• Futures, Prices and Production. Xavier Mera (University of Angers)
• International Financial Reporting Standards: It’s About Sovereignty. Warren D. Miller
(Beckmill Research)

S4 II. Economic Policy (Condon Lecture Hall)

• Chair: Thomas J. DiLorenzo (Loyola University Maryland)
• No Policy, Just Rents: An Insider’s Perspective on US Agricultural Subsidies. Tyler Watts
(Ball State University) and and Les Watts (Eads, Colorado)
• Homer vs. Prohibition. Mark Thornton (Mises Institute)
• The Best Arguments for Trade Protection—and Why They Are Wrong. Mark Brandly
(Ferris State University)
• The Implications of Subjectivism for Economic Policy. Marian Eabrasu (Champagne
School of Management)
11:45 a.m. −1:00 p.m. Lunch on your own (boxed lunch for sale outside back)
1:00−2:30 p.m. S5 I. Business Cycle Theory I (Wolfe Lecture Hall)
• Chair: William Butos (Trinity College)
• Hayek’s Relevance for 21st-Century Boom-Bust and Recession-Recovery. John Cochran
(Metropolitan State College of Denver)
• A Reformulation of Austrian Business Cycle Theory in Light of the Financial Crisis.
Joseph T. Salerno (Pace University and Mises Institute)
• The Liquidation Phase: A Corporate View. Paul Cwik (Mount Olive College)
and Harry Veryser, Jr. (University of Detroit, Mercy)
• A Neoclassical Argument for the Austrian Business Cycle. Paul A. Cleveland
(Birmingham-Southern College)
S6 II. Law and Property (Condon Lecture Hall)
• Chair: Per bylund (University of Missouri)
• Structure of Production of Free Market Adjudication. Gil Guillory (Houston, TX)
• Erratic Enforcement: A Survey of Asset Forfeiture Practices in Missouri. John Payne
(The Show-Me Institute)
• Surface Water Allocation in Alberta: Lesson from the Economic Calculation Debate.
Danny G. LeRoy (University of Lethbridge)

2:45−4:15 p.m. S7 I. Studies in Intellectual History (Wolfe Lecture Hall)

• Chair: Joseph T. Salerno (Pace University and Mises Institute)
• Robbins vs. Harrod: The War Over Epistemology, 1938. Gary North (GaryNorth.com)
• Can Conservatives be Libertarians? Can Libertarians be Conservatives? Gerard Casey
(University College Dublin)
• Frank H. Knight: The Forgotten Austrian. Peter G. Klein (University of Missouri)

S8 II. Property, Institutions, and Growth (Condon Lecture Hall)

• Chair: Mark Thornton (Mises Institute)
• Is Harm of a Reciprocal Nature? The Outcome-oriented Equilibrium Thought Behind the
Coasian Thesis. Mo Zhihong (Beijing University of Technology)
• Moving Toward a Private Transportation System. Tracy Miller (Grove City College)
• Public Property? Lloyd P. Gerson (University of Toronto)
• How Ludwig von Mises Dispels Current Myths About Capitalism. Andrius Valevicius
(University of Sherbrooke)
4:30−6:00 p.m. S9 I. Business Cycle Theory II (Wolfe Lecture Hall)
• Chair: Philipp Bagus (University Rey Juan Carlos)
• The Monetary Contraction of 2008/09: Assessing UK Money Supply Measures in Light
of the Financial Crisis. Anthony J. Evants (ESCP-EAP) and Toby Baxendale (UK)
• Risk and Recovery. Robert C.B. Miller (Former Senior Fellow, Institute of Economic
Affairs)
• The Phillips Curve as an Artifact of Austrian Business Cycle Theory. Robert F. Mulligan
(Western Carolina University)
• On the Structure of Production. Jörg Guido Hülsmann (University of Angers)

S10 II. Spontaneous Order (Condon Lecture Hall)

• Chair: Roderick T. Long (Auburn University)
• Women and the Invisible Fist: How Violence Against Women Enforces the Unwritten
Law of Patriarchy. Charles Johnson (Molinari Institute)
• Invisible Hands and Incantations: The Mystification of State Power. Roderick T. Long
(Auburn University)
• Commentators: Nina Brewer-Davis (Auburn University), Reshef Agam-Segal (Auburn
University)

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 6:00–7:00 p.m. Buffet Dinner at the Institute
7:00–8:00 p.m. Shuttle from Mises Institute to AU Hotel and GameDay Center every 15 minutes.

SATURDAY, March 12

9:00 and 9:15 a.m. Shuttle from AU Hotel and GameDay Center to Mises Institute. Coffee, juice, and doughnuts.
9:30−11:00 a.m. S11 I. History of Thought (Wolfe Lecture Hall)
• Chair: Jeffrey Herbener (Grove City College)
• Turning the World Upside Down: Cantillon and the Meaning of Entrepreneurship.
Mark Thornton (Mises Institute) and Christopher Brown (Swinburne University)
• Money Proper and Money Substitutes in Mises’s Thought. Malavika Nair (Suffolk
University)
• Bhimrao Ramji Ambedkar and Indian Economic Thought. Chandrasekaran Balakrishnan
(Government of India)
• Rothbard vs. Leo Strauss and Hayek. Roberta Modugno (Roma TRE)

S12 II. Panel on Secession and Disunity (Condon Lecture Hall)

• Chair: Mike Church (Sirius/XM Radio)
• The Founding Fathers of Constitutional Subversion. Thomas DiLorenzo (Loyola University
Maryland)
• State’s Rights vs. National Wrongs: The Tenth Amendment Awakening. Marshall DeRosa
(Florida Atlantic University)
• Size, Scale, and American Republicanism. Donald Livingston (Emory University)
• Unbreakable Union. Yuri Maltsev (Carthage College)

11:15 a.m.−12:15 p.m. Henry Hazlitt Memorial Lecture (Wolfe Lecture Hall)
David Stockman (Former Budget Director) The Forgotten Cause of Sound Money
12:15−1:30 p.m. Lunch on your own (boxed lunch for sale outside back)
1:30−3:00 p.m. S13 I. New Developments from the “Missouri School” (Wolfe Lecture Hall)
• Chair: Peter G. Klein (University of Missouri)
• The Firm and Strategic Factor Markets: the Role of the Firm in the Creation of Factor
Markets. Per L. Bylund (University of Missouri)
• Judicial Decision-Making: An Austrian Perspective. Christopher M. Holbrook (University
of Missouri)
• The Emergence and Limits of the Firm: An Entrepreneurial Approach. Jong Chul Won
(University of Missouri)
• Monetary Disequilibrium Theory and Business Cycles: An Austrian Critique.
Kenneth A. Zahringer (University of Missouri)

S14 II. Historical Perspectives on Liberty and Tyranny (Condon Lecture Hall)
• Chair: Tom Woods (Mises Institute)
• The Revolt of the Comuneros: A Revisionist Perspective. Peter C. Earle (FINAGEM, LLC)
• Barbed Wire Security and the Heart of the Modern State: The Origins of Mass
Internment, 1895–1933. Hunt Tooley (Austin College)
• A Nietzschean Critique of the State. Matthew Allen Miller (Florida State University)
• Iraq, Afghanistan, War and Money: A Look at Two Presidencies. Anthony Gregory
(The Independent Institute)

3:15−4:45 p.m. S15 I. Ethics, Law, and the Firm (Wolfe Lecture Hall)
• Chair: Matthew McCaffrey (University of Angers)
• The Vanishing Trial: A Hayekian Perspective. George J. Wendt (Tulane University)
• New Testament Theology of the State. Norman Horn (University of Texas, Austin)
• Is Libertarianism Compatible with Religion? Laurence M. Vance (Francis Wayland Institute)
• The Firm as Extra-Market Specialization. Per L. Bylund (University of Missouri)

S16 II. Socialism, Racism, and Method (Condon Lecture Hall)

• Chair: Roderick T. Long (Auburn University)
• Socialist Roots of Affirmative Action. Andrei Znamenski (Alabama State University)
• The Master Race: Racialist Legacies of Progressivism. William Anderson (Frostburg State
University)
• The Rhetoric of Economics. Gustavo E. Morles (University of Phoenix)
• Whether Mises’s Use of a priori is Kantian or Aristotelian. Warren Orbaugh (Universidad
Francisco Marroquin)
5:00 p.m. Lou Church Memorial Lecture in Religion and Economics (Wolfe Lecture Hall)
Mustafa Akyol (Turkish Daily News) The Commercial Heritage and Contribution of Islam

6:00 p.m. Awarding of the Lawrence Fertig Prize and closing remarks: Douglas French (Mises Institute)

6:15 p.m. Buffet Dinner at the Institute

7:15–8:00 p.m. Shuttle from Mises Institute to AU Hotel and GameDay Center every 15 minutes.

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 Coming Events at the Mises Institute
1. HIGH-SCHOOL SEMINAR IN CHICAGO
April 8 • Union League Club of Chicago • Sponsored by Jeremy S. Davis

2. THE MISES CIRCLE IN CHICAGO

April 9 • Union League Club of Chicago • Sponsored by Dr. Don Stacy

3. HIGH-SCHOOL SEMINAR IN AUBURN

April 29 • Mises Institute

4. THE MISES CIRCLE IN INDIANAPOLIS

May 14 • Indianapolis, Indiana • Sponsored by Weaver Popcorn Company

5. HIGH-SCHOOL SEMINAR IN AUBURN

June 10 • Mises Institute • Sponsored by Jeremy S. Davis

6. ROTHBARD GRADUATE SEMINAR

June 12–17 • Mises Institute • Sponsored by Alice J. Lillie

7. THE MISES CIRCLE IN LAS VEGAS

July 14–16 • Las Vegas, Nevada

8. MISES UNIVERSITY
July 24–30 • Mises Institute

9. ANNUAL SUPPORTERS SUMMIT

September 19–23 • Vienna, Austria

10. THE MISES CIRCLE AT FURMAN UNIVERSITY

October 22 • Greenville, South Carolina • Co-sponsored by Conservative Students
for a Better Tomorrow

11. THE MISES CIRCLE IN NEW ORLEANS

November 5 • New Orleans, Louisiana

12. HIGH-SCHOOL SEMINAR IN AUBURN

November 18 • Mises Institute • Sponsored by Jeremy S. Davis

Save the date for ASC 2012, March 8–10.

Submit paper proposals to ASC Director Joseph Salerno
(salerno@mises.com)

Join a Mises email list (mises.org/content/elist.asp) and be the

first to know about events, new books, and more!

Directions from Auburn University Hotel to Mises Institute

• From front of hotel, turn right onto College Street and left at second light onto Magnolia Avenue.
• Go one-half mile, past McDonald’s, Chick-fil-A, and Arby’s.
• Turn right at the traffic light at the intersection of Magnolia and Donahue Drive.
• Turn left onto Genelda Avenue (one-way street with no traffic light, just past Game Day Center). Follow Genelda until it turns
left and becomes Ann Street.
• Go past Terrace Garden Apartments and the Mises Institute parking lot is on the left.

Contact Information
Mises Institute—334.321.2100
AU Hotel—334.821.8200
Pat Barnett cell — 334.332.5844
Express-85 Airport Shuttle Service—334.887.8595 (24-hour advance reservations required)
Tiger Taxi— 334.444.4444

The Mises Institute bookstore will be open from 8:00 a.m. – 6:30 p.m. Leave books to be autographed at the
checkout counter of the bookstore. Pick up autographed books in Ward Library.