Attention High School Students

You are now in the midst of applying for admission to university. Here is a letter from an unhappy college student which may be of relevance for the choices you are now making:

My name is XYZ. In my current university, numerous professors label me as a cultist and an ideologue, as I am a student of the Austrian school; put simply, I am also an anarchist. My question is, why do mainstream economic/political science professors label students of the Austrian school as cultists? Is it because we neglect positivism as we study economics through the lens of praxeology? Moreover, I can understand how one would think Randians are cultists, but us Austrians never verbally shout “no you’re wrong, get out of here!” — as Rand would do.

Thanks for your time. Cordially, ZYZ

Here is my response to XYZ:

What school do you now attend? Is there any chance of you transferring to Loyola? See below. Defending the Undefend... Walter Block Check Amazon for Pricing.

Now to answer your question. Why do they that act that way? I think your assessment is accurate. Your plight may also be due to the fact that we Austrians eschew mathematics as a theoretical tool, and view econometrics/statistics not as means to test theories, but merely to illustrate them; as attempts to determine historical facts. Your professors also dismiss libertarianism since the views of most of them list sharply to the left on college campuses

I receive numerous letters of this sort. It occurs to me that it is a lot easier to choose a good university in the first place, rather than get settled in one, become unhappy with your choice, such as is the case with XYZ, and then transfer elsewhere.

So, which universities should you attend if you like Austrian economics, the economics of Mises, Hayek, Rothbard, and, are also a libertarian? There are several with two or more professors who will not only tolerate such views, but will actively support them. Of course, any professor worth his salt will also give alternative perspectives (Marxist, mainstream, liberal, conservative), but will also espouse the Austro-libertarian viewpoint. I would list the following: my own, Loyola University New Orleans, as well as Grove City and Hillsdale. Then, there are those that offer advanced degrees: Troy, George Mason, and Texas Tech. If you are thinking of going on for a phd in economics, then I recommend one of the first set, not the second, since in that way you will have two sets of professors.

And of course, of the first group of three, I favor Loyola University New Orleans. Here are some of the reasons for that choice:

Loyola has a high tuition; this cannot be denied. However, this Jesuit University does award scholarships, not only on a need basis. As well there is the Walter Block Scholarship, which is additional to the funds offered by Loyola:

Block, Walter E. 2017. “C’mon Down To New Orleans; The Water’s Fine. Enroll at Loyola University.” June 27;

Loyola Economics Students Published Widely in Refereed Journals;

Block, Walter. 2017. “The Best Place to Study Undergraduate Economics.” June 30;

Wenzel, Robert. 2017. Interview with Walter E. Block. “The Inside Scoop on Studying Economics at Loyola University-New Orleans” September 3;

Block, Walter E. 2008. “Attention Students: Should You Get Your Ph.D. and Become a Professor?” June 28; (debate with Gary North);

Top Ten Contemporary Academics Helping The Political Right (#8) Literature map; some interesting writers

100 Most Influential Libertarians: A Newsmax/FreedomFest List (#46)

WEB Scholarship:

Block, Walter E. 2018. “Scholarship Opportunity: Spring 2019 New Business Students!” December 15;

Wenzel, Robert. 2018. “An Opportunity to Study Under a Libertarian Great.” December 11;

Wenzel, Robert. 2018. “Introducing the Walter E. Block Scholarship.” December 11;

Our economics department:

Walter E. Block is Harold E. Wirth Endowed Chair and Professor of Economics, College of Business, Loyola University New Orleans, and senior fellow at the Mises Institute. He earned his PhD in economics at Columbia University in 1972. He has taught at Rutgers, SUNY Stony Brook, Baruch CUNY, Holy Cross and the University of Central Arkansas. He is the author of more than 500 refereed articles in professional journals, two dozen books, and thousands of op eds. He lectures widely on college campuses, delivers seminars around the world and appears regularly on television and radio shows.  He is the Schlarbaum Laureate, Mises Institute, 2011; and has won the Loyola University Research Award (2005, 2008) and the Mises Institute’s Rothbard Medal of Freedom, 2005; and the Dux Academicus award, Loyola University, 2007.

Prof. Block counts among his friends Ron Paul and Murray Rothbard. He was converted to libertarianism by Ayn Rand. Block is old enough to have once met Ludwig von Mises, and shaken his hand. Block has never washed that hand since.  So, if you shake his hand (it’s pretty dirty, but what the heck) you channel Mises. Toward a Libertarian S... Walter Block Best Price: $13.46 Buy New $14.00 (as of 11:30 EDT - Details)

Block is a leading Austrian School economist and an international leader of the freedom movement. His earliest work Defending the Undefendable (first edition Fleet 1976, latest edition Mises 2008, translated in 12 languages) is now, more than 30 years later, still regarded as a classic of libertarianism. This collection of essays, which argues in behalf of societal villains as economic scapegoats based on the principles of nonaggression, forces its reader to think and to rethink his initial knee-jerk emotional responses, and to gain a new and far sounder appreciation of economic theory and of the virtues and operations of the free market economy. Block’s writing was inspired by Henry Hazlitt, the author of the most widely read economics text Economics in One Lesson. Block’s latest book is: Yes to Ron Paul and Liberty.

Block has been a fixture in the libertarian movement for some four Decades. He actually met Ludwig von Mises and F.A. Hayek, and was friends with, and mentored by, Murray Rothbard.  His contributions to academic libertarianism and to Austrian economics have been prodigious. Block’s writings continue to challenge the conventional wisdom (or ignorance) of how economics works and will retain its freshness for decades to come.  His public speaking style has been described as a combination of that of Woody Allen, Lenny Bruce and Murray Rothbard

Dr. Block has written over 500 articles for peer reviewed refereed journals, some two dozen books, and literally thousands of op eds for magazines and newspapers. Block appears widely on radio and television. He is a contributor to such scholarly journals as The Review of Austrian Economics, Journal of Libertarian Studies, The Journal of Labor Economics, and the Quarterly Journal of Austrian Economics. He is currently Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics, College of Business Administration, at Loyola University New Orleans….