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Citadel News Service
24 Oct 2016

Globally recognized Citadel professor and economist addresses The Nassau Institute; publishes new book

Additional note: in 2017, The Nassau Institute presented Prof. Ebeling with The Nassau Institute Freedom Award in "recognition of his untiring efforts to advance the cause of liberty and raise the level of public policy debate in the Bahamas and around the world."

Distinguished Professor Richard Ebeling frequently requested speaker at learning institutions around the world

One of The Citadel’s most sought after speakers and contributors, Richard Ebeling, Ph.D., BB&T Distinguished Professor of Austrian Economics and Public Policy The Citadel Ethics and Free Enterprise Leadership, has a new book to add to his extensive repertoire of publications. In Austrian Economics and Public Policy: Restoring Freedom and Prosperity, Ebeling contends that general citizens can do a better job of managing their own lives than governments, which he says lack the knowledge, wisdom and ability to direct the lives of multitudes of people.

“The book explains the central ideas of the Austrian School of Economics in the context of discussing a wide variety of public policy issues, including money and the business cycle, income inequality in American society, government regulation of business, deficit spending and the national debt, crony capitalism and the welfare state, free trade versus political protectionism, and entrepreneurship and the market process,” Ebeling said.

Ebeling recently returned from Nassau, Bahamas, where he shared his ideas with economists and students participating in a research institute event exploring capitalism and free markets.

"We easily take for granted the continuous and wondrous material and cultural improvements in our everyday lives. But they are neither guaranteed nor certain. Instead, they are due to the entrepreneurial mind and spirit that, in fact, is potentially in any one of us. But the innovations, creativity and alertness to market opportunities from which human betterment comes is dependent upon a political and economic environment of freedom and competitive openness, without which prosperity and rising standards of living would be impossible," Ebeling said while delivering a lecture to economists and students as part of The Nassau Institute. The lecture, Entrepreneurship, the Market Economy and Human Betterment, was delivered Oct. 20, at the College of The Bahamas.

The Nassau Institute is a research think tank promoting capitalism and free markets. Its mission is to formulate and promote Dr. Richard Ebeling of The Citadel speaks at Nassau Institute gatheringpublic policies for the Commonwealth of The Bahamas based on the principles of limited government, individual freedom, and the rule of law.

Ebeling's fall sememster travels also include a series of lectures related to his new book at Universidad Francisco Marroquin in Guatemala City from Oct. 30 - Nov. 5. His lectures include:

  • Austrian Economics in Historical Context: Its Rebirth and Continuing Relevance
  • The Austrian Critique of Socialism and Its Application to the Interventionist-Welfare State
  • Austrian Capital Theory and the Fundamental Flaws in Keynesian Economics
  • Consumer Sovereignty and Natural Verusus Contrived Scarcities
  • Austrian Business Cycle Theory and the Case for Monetary Freedom


Anna Ebeling, an historian, will accompany her husband and will provide two lectures as well, Laughter Through Tears: My Life in the Soviet State, and Utopian in Power: the Soviet Tragedy. She was born and raised in what she refers to as "the nightmare experiment of building communism in the Soviet Union," and tells stories of what she calls, "soviet tyranny, economic misery and corruption."

Richard Ebeling is recognized as one of the leading members of the Austrian School of Economics. He has also published Monetary Central Planning and the State (Future of Freedom Foundation, 2015); as well as Political Economy, Public Policy, and Monetary Economics: Ludwig von Mises and the Austrian Tradition (Routledge, 2010) and Austrian Economics and the Political Economy of Freedom (Edward Elgar, 2003). 

Ebeling is also noted to have discovered the lost papers of the Austrian economist and classical liberal, Ludwig von Mises in a formerly secret Soviet archive. Looted by the Nazis from his Vienna apartment in 1938, Mises' papers were captured by the Soviet Army at the end of the Second World War. Following the documents discovery and translation, Ebeling edited and published the three volume series Selected Writings of Ludwig von Mises, (Liberty Fund, 2000, 2002, 2012. Additionally he is the co-editor of When We Are Free (Northwood University Press, 2014), an anthology of essays devoted to the moral, political and economic principles of the free society, and co-author of the five-volume In Defense of Capitalism (Northwood University Press, 2010-2014). Additionally, Ebeling, publishes articles frequently on numerous websites and is the co-host of “The Libertarian Angle,” one of The Future of Freedom Foundation’s YouTube programs.

Ebeling was named BB&T Distinguished Professor of Ethics and Free Enterprise Leadership for The Citadel School of Business in 2014.

About The Citadel School of Business

The Citadel offers an undergraduate business degree program for members of the South Carolina Corps of Cadets, and an evening undergraduate (non-cadet) business degree completion program, as well as a (non-cadet) Master of Business Administration (MBA) that can be earned on campus or online. The School of Business is accredited by The Association to Advance Collegiate Schools of Business (AACSB). AACSB International accreditation represents the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. AACSB accreditation is the symbol of excellence in business education.

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Media Contact:
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