George Reisman
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George Reisman
George Gerald Reisman
George reisman.jpg
Born (1937-01-13) January 13, 1937 (age 83)
School or
Austrian School
InfluencesAdam Smith, David Ricardo, James Mill, John Stuart Mill, Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, Ayn Rand, Frédéric Bastiat, Henry Hazlitt
ContributionsPrimacy of profits, net consumption theory of profit, integration of Austrian and Classical Economics.

George Gerald Reisman (; born January 13, 1937)[1] is an American economist. He is Professor Emeritus of Economics at Pepperdine University and the author of The Government Against the Economy (1979), which was praised by both F. A. Hayek and Henry Hazlitt, and Capitalism: A Treatise on Economics (1996).[2] He is known as an advocate of free market or laissez-faire capitalism.


Reisman was born in New York City[1] and earned his PhD from New York University under the direction of Ludwig von Mises, whose methodological work The Epistemological Problems of Economics Reisman translated from the German original to English.

In the 1980s, with his wife, psychologist Edith Packer, he organized the Jefferson School of Philosophy, Economics, and Psychology, which held several conferences and seminars, the first being held at University of California, San Diego. Its lecturers included Leonard Peikoff, Edward Teller, Petr Beckmann, Hans Sennholz, Bernard Siegan, Anne Wortham, Robert Hessen, Allan Gotthelf, David Kelley, John Ridpath, Harry Binswanger, Edwin Locke, Walter E. Williams, Mary Ann Sures, Andrew Bernstein and Peter Schwartz. Attendees of these conferences include later Objectivist writers Tara Smith and Lindsay Perigo.[3]

Reisman was a student of Ayn Rand, whose influence on his thought and work is at least as great as that of his mentor, Mises. He identifies himself as an Objectivist, but he is no longer affiliated with the Ayn Rand Institute because of a falling out with some of its senior members.


  1. ^ a b "George Gerald Reisman" (2002), Contemporary Authors Online, Gale, Retrieved on January 18, 2007.
  2. ^ Ottawa, IL: Jameson Books. ISBN 0-915463-73-3.
  3. ^ The Thomas Jefferson School of Philosophy, Economics and Psychology

External links


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.



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