Ed. note: MasterResource is closely associated with the worldview and example of Julian Simon (1932–1998). But a second influence would certainly be that of economist Ludwig von Mises (1881–1973), born on this day 140 years ago.

Below, Robert Bidinotto’s “Von Mises: A Final Salute.” Unbound! Boston: Individuals for a Rational Society 2, no. 1 (September-October 1973): 1–2 is reprinted with permission of the author.

A surprisingly fair obituary in the New York Times (October 11, 1973) follows that of Bidinotto below. I then conclude with a final observation.

“The scope and content of von Mises’ work boggle the imagination. He was easily the greatest economist of this century, and the list of his original achievements in that science rivals that of anyone since Adam Smith.”

Our age may well be labeled by future historians as “the Age of Mediocrity.”…

It is past time that Wiki correct a significant factual error and tone down the bias of its entry for The Institute for Energy Research. I and others have failed to persuade them. This post is dedicated to the same attempt at fairness.

In my social media discussions and debates, my opponents do a quick check on the Institute for Energy Research (IER) to fire back at my criticisms. One from this week follows, an exchange prompted by a mention of “Deadwood Releasing 10.9 Gigatons of Carbon Every Year – More Than All Fossil Fuel Emissions Combined“:

Bradley: Leave fossil fuels alone then…. Energy density is key.

Paul Bryan: EXACTLY the fallacious argument that the propaganda was designed to promote. Well done! But hardly surprising coming from IER:

“IER is often described as a front group for the fossil fuel industry. It…

Ed. Note: This interview with Robert L. Bradley Jr. by Jane Shaw Stroup appeared earlier this week at the Liberty and Ecology website of the Goodman Institute for Public Policy Research. Comments are welcomed, including new questions to clarify the role of nuclear power in a free economy.

Q1. What role should nuclear power have in the years ahead?

A. “Let the market decide” is the straightforward classical-liberal, free-market answer. This means government neutrality in terms of not subsidizing or penalizing one energy technology versus another to determine what, when, where.

The decision to build new capacity, or the decision to operate-versus-retire, should be based on stand-alone economics, without government favor or penalty.

Q2. Under this standard, what is the future of nuclear in the energy mix as far as new capacity?…

“[My] early writing was from a viewpoint that there was an ocean of BTUs beneath our feet, and what was high cost and supplemental today would become low cost and conventional later. I ‘trusted’ human ingenuity. I turned out ‘right’ for the wrong technological reason: horizontal drilling and hydraulic fracturing.”

Any intellectual is interested in what is written about him or her, whether it be in the newspaper or an essay, book, or doctoral dissertation. In my case, being of 66 summers, and having a lot of scholarship under my belt, I do not worry much about the momentary ad hominem stuff. But for the record, I am eager to correct with facts and interpretation as needed.

This brings me to a dissertation, “Limits and Cornucopianism: A History of Neo-Liberal Environmental Thought, 1920–2007” (New York University: 2019).…