George Reisman

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George Gerald Reisman
File:George reisman.jpg
Born (1937-01-13) January 13, 1937 (age 84)
New York City, New York
Nationality American
School or tradition
Austrian School
Influences Adam Smith, David Ricardo, James Mill, John Stuart Mill, Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, Ayn Rand, Frédéric Bastiat, Henry Hazlitt, Murray Rothbard
Contributions Primacy of profits, net consumption theory of profit, integration of Austrian and Classical Economics.

George Gerald Reisman (/ˈrsmən/; born January 13, 1937)[1] is an American economist and Professor Emeritus of Economics at Pepperdine University. He is 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 Ph.D. 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 into English. In the 1980s, with his wife, psychologist Edith Packer, J.D., Ph.D., he organized The Thomas 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 A. 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, though he is no longer affiliated with the Ayn Rand Institute due to a falling out with some of its senior members.


  1. 1.0 1.1 "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

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