Wenzel: “TERRIBLE: Karl Marx is the Most Assigned Economist in U.S. College Classes”

It was in Socialism that von Mises called Marx an economic idiot.  From page 7 of Socialism there is this:

The incomparable success of Marxism is due to the prospect it offers of fulfilling those dream-aspirations and dreams of vengeance which have been so deeply imbedded in the human soul from time immemorial. It promises a Paradise on earth, a Land of Heart’s Desire full of happiness and enjoyment, and— sweeter still to the losers in life’s game—humiliation of all who are stronger and better than the multitude. Logic and reasoning, which might show the absurdity of such dreams of bliss and revenge, are to be thrust aside. . . . It is against Logic, against Science and against the activity of thought itself.

Robert Wenzel points to Tom Bemis‘ report on the data from Open Syllabus Project, a site that tracks books and other works assigned to college students in more than 1 million syllabi.  Bemis tells us that internet searches . . .

 . . . for “economics” shows Paul Krugman at the top of the list with his iconic “Economics,” which gets a count of 1,081 and score of 89.4…

adding that . . .

Karl Marx’s classic receives a count of 3,189 and a score of 99.7. It doesn’t actually show up under economics texts either, as it is generally taught along with philosophy texts such as “The Social Contract,” by Jean-Jacques Rousseau; “Leviathan,” by Thomas Hobbes; and “On Liberty,” by John Stuart Mill….The only books assigned more frequently than “The Communist Manifesto” were “The Elements of Style,” the writing guide by William Strunk which was popularized by E.B. White, and “The Republic,” by Plato.

Wenzel explains that . . .

The best antidote  to Karl Marx is Gary North’s 1968 book, Marx’s Religion of Revolution: Regeneration Through Chaos. Unfortunately, it is out of print and quite expensive as a second-hand book, but relative to the junk students are being taught in college, the price is a bargain.

You can read Gary North’s Marx’s Religion of Revolution: Regeneration Through Chaos, 1968, for free here.


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