George Reisman

Date of Birth: January 13, 1937

Zodiac Sign: Capricorn

Biography

George Gerald Reisman is a prominent American economist known for his contributions to economic theory and his staunch advocacy of laissez-faire capitalism. Born in New York City, Reisman developed an early interest in economics, heavily influenced by the works of Ludwig von Mises and Ayn Rand. He earned his Ph.D. in economics from New York University, where he studied under Mises. Reisman has held various academic positions, most notably as a professor emeritus at Pepperdine University. His magnum opus, “Capitalism: A Treatise on Economics,” published in 1996, offers a comprehensive defense of free-market capitalism and critiques of socialism and interventionism. In addition to his academic work, Reisman has been an active commentator on economic policy, contributing articles to various publications and speaking at numerous conferences.

5 Interesting Facts about George Reisman

1. George Reisman was a student of Ludwig von Mises, one of the leading figures in the Austrian School of Economics.

2. His book “Capitalism: A Treatise on Economics” is considered one of the most comprehensive defenses of free-market capitalism.

3. Reisman has been a vocal critic of Keynesian economics and has written extensively on the dangers of government intervention in the economy.

4. He has contributed to various libertarian publications, including “The Freeman” and “Liberty.”

5. Reisman has been an advocate for the gold standard, arguing that it is the only way to ensure a stable and prosperous economy.

5 Most Interesting Quotes from George Reisman

1. “The free market, in short, is not a system of chaos but of order.”

2. “Inflation is not a mere rise in prices; it is a rise in prices caused by an increase in the supply of money.”

3. “Capitalism is the only economic system that is consistent with human nature and the requirements of human life.”

4. “Government intervention in the economy is always and everywhere a threat to individual freedom.”

5. “The gold standard is the only monetary system that is consistent with a free society.”

Highest Net Worth Achieved

The highest net worth achieved by George Reisman is not publicly documented, but as an academic and author, his wealth is likely derived from his teaching positions, book sales, and speaking engagements.