George Reisman 101: The Bold Thinker of Modern Economics
Zatrun Published at April 25, 2023

George Reisman is an American economist who was born on January 13, 1937. He currently serves as an Honorary Professor of Economics at Pepperdine University. Reisman is known in the field of economics as a staunch defender of free market or laissez-faire capitalism.

His famous works, such as “The Government Against the Economy” (1979) and “Capitalism: A Treatise on Economics” (1996), have been praised by both Friedrich Hayek and Henry Hazlitt. Many consider Reisman to be among the important thinkers in the economic world of the 20th century. If you want to learn more about him, you can check out the subheadings in this article on

Who is George Reisman?

George Reisman is an American economist born in New York. He completed his undergraduate studies at Columbia College in 1957 and his doctoral degree at New York University under the guidance of Ludwig von Mises. In his thesis, he translated Mises’s methodological article “The Epistemological Problems of Economics” from German to English and received his doctoral degree.

In the 1980s, George Reisman and his wife, psychologist Edith Packer, founded the Jefferson School of Philosophy, Economics, and Psychology. The school’s activities included conferences and seminars held at San Diego California University. Many prominent figures such as Canadian-American philosopher Leonard Peikoff, Hungarian-American theoretical physicist Edward Teller, and Czech-American electrical engineering professor Petr Beckmann taught at the school.

According to many who follow his work, Reisman was influenced by his doctoral advisor and mentor Mises in his thoughts and work. However, there are also those who say that Ayn Rand influenced him at least as much as Mises.

His Academic Achievements

George Reisman is one of the thinkers who supports laissez-faire capitalism and has done many studies on this topic. In addition to the important works mentioned at the beginning of this article, Reisman has also produced notable works such as “Individualism vs. Collectivism: Our Future, Our Choice” (1990) and “The Toxicity of Environmentalism” (1994).

With his views and studies in the field of economics, Reisman has emphasised the importance of free market economics. According to him, this system is necessary for a sustainable future. As a staunch defender of the prevalent economic model, he has had a great impact on the world of economics and politics and continues to influence young economists today.

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