Ralph Raico
Encyclopedia
Ralph Raico is an American historian
History
History is the discovery, collection, organization, and presentation of information about past events. History can also mean the period of time after writing was invented. Scholars who write about history are called historians...

, libertarian
Libertarianism
Libertarianism, in the strictest sense, is the political philosophy that holds individual liberty as the basic moral principle of society. In the broadest sense, it is any political philosophy which approximates this view...

, and specialist in European classical liberalism
Classical liberalism
Classical liberalism is the philosophy committed to the ideal of limited government, constitutionalism, rule of law, due process, and liberty of individuals including freedom of religion, speech, press, assembly, and free markets....

 and Austrian Economics. He is currently a professor of history at Buffalo State College
Buffalo State College
The State University of New York College at Buffalo, referred to as Buffalo State College, often referred to colloquially as Buff State, is a public, liberal arts college in Buffalo, New York, United States and is part of the State University of New York. Buffalo State was founded in 1871 as the...

 and a senior faculty member at the Ludwig von Mises Institute
Ludwig von Mises Institute
The Ludwig von Mises Institute , based in Auburn, Alabama, is a libertarian academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von Mises...

. Raico was a student of Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Mises was an Austrian economist, philosopher, and classical liberal who had a significant influence on the modern Libertarian movement and the "Austrian School" of economic thought.-Biography:-Early life:...

 and learned German
German language
German is a West Germanic language, related to and classified alongside English and Dutch. With an estimated 90 – 98 million native speakers, German is one of the world's major languages and is the most widely-spoken first language in the European Union....

 at Mises' suggestion. Raico translated Mises' Liberalismus into English.

Raico was the editor of the New Individualist Review, along with Ronald Hamowy, a journal initially sponsored by the University of Chicago
University of Chicago
The University of Chicago is a private research university in Chicago, Illinois, USA. It was founded by the American Baptist Education Society with a donation from oil magnate and philanthropist John D. Rockefeller and incorporated in 1890...

 chapter of the Intercollegiate Society of Individualists. It declared itself "founded in a commitment to liberty." The first article of the first edition was titled "Capitalism and Freedom." Milton Friedman
Milton Friedman
Milton Friedman was an American economist, statistician, academic, and author who taught at the University of Chicago for more than three decades...

, F.A. Hayek, and Richard M. Weaver
Richard M. Weaver
Richard Malcolm Weaver, Jr was an American scholar who taught English at the University of Chicago. He is primarily known as a shaper of mid- 20th century conservatism and as an authority on modern rhetoric...

 were the first faculty advisors, later to be joined by George Stigler
George Stigler
George Joseph Stigler was a U.S. economist. He won the Nobel Memorial Prize in Economic Sciences in 1982, and was a key leader of the Chicago School of Economics, along with his close friend Milton Friedman....

 and Benjamin Rogge. Between 1961 and 1968, seventeen issues were published including articles by Russell Kirk
Russell Kirk
Russell Kirk was an American political theorist, moralist, historian, social critic, literary critic, and fiction author known for his influence on 20th century American conservatism. His 1953 book, The Conservative Mind, gave shape to the amorphous post–World War II conservative movement...

, William F. Buckley, Jr.
William F. Buckley, Jr.
William Frank Buckley, Jr. was an American conservative author and commentator. He founded the political magazine National Review in 1955, hosted 1,429 episodes of the television show Firing Line from 1966 until 1999, and was a nationally syndicated newspaper columnist. His writing was noted for...

, Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Mises was an Austrian economist, philosopher, and classical liberal who had a significant influence on the modern Libertarian movement and the "Austrian School" of economic thought.-Biography:-Early life:...

, and Murray N. Rothbard.

The complete run of the magazine is available from Liberty Fund
Liberty Fund
Liberty Fund, Inc. is a private, educational foundation established and headquartered in Indianapolis, Indiana, USA. It is dedicated to the study of the ideal of a society of free and responsible individuals...

. In his introduction to this reprint edition, Milton Friedman—one of the magazine's faculty advisors—writes that the Review set "an intellectual standard that has not yet, I believe, been matched by any of the more recent publications in the same philosophical tradition."

Raico was also a founding member of the Circle Bastiat, and was considered its poet laureate.

In 1999, Raico wrote Die Partei der Freiheit: Studien zur Geschichte des deutschen Liberalismus, a German-language book discussing the liberal
Classical liberalism
Classical liberalism is the philosophy committed to the ideal of limited government, constitutionalism, rule of law, due process, and liberty of individuals including freedom of religion, speech, press, assembly, and free markets....

 tradition in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

.

In 2000, Raico was awarded the "Gary G. Schlarbaum Prize for Lifetime Achievement in the Cause of Liberty" by the Mises Institute.http://www.mises.org/schlarbaum/raico.asp

In 2006, Raico became one of the charter members of the Property and Freedom Society, which was founded at the instigation of Hans-Hermann Hoppe
Hans-Hermann Hoppe
Hans-Hermann Hoppe is an Austrian School economist of the anarcho-capitalist tradition, and a Professor Emeritus of economics at the University of Nevada, Las Vegas.-Academic career:...

 as a more radical counterpart to the Mont Pelerin Society
Mont Pelerin Society
The Mont Pelerin Society is an international organization composed of economists , philosophers, historians, intellectuals, business leaders, and others who favour classical liberalism...

.

External links

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