The premier educational program in the science of human action.
The Menger Academy covers eight interlinked themes over four months, with lectures held on alternating Saturdays — live in Los Angeles and open remotely to students worldwide. Our distinguished faculty guide students from the foundations of economic science through the most advanced questions in market coordination, private governance, and the emergence of social order. No prerequisites. No tuition.
The Eight Pillars — Spring 2026, 11am - 4pm PT
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Pillar I
Human Action and the Fundamentals of Social Order
(Jan 10)
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Pillar II
History and Methodology
(Jan 24)
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Pillar III
The Division of Labor and Medium of Exchange
(Feb 7)
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Pillar IV
Catallaxy and Market Coordination
(Feb 21)
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Pillar V
Market Institutions and the Evolution of Human Cooperation
(Mar 7)
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Pillar VI
The Myth of Market Failure
(Mar 21)
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Pillar VII
Governance and Property in a Polycentric Order
(Apr 4)
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Pillar VIII
Praxeonomic Ethics and Philanthropy
(Apr 18)
Faculty
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Daron O. Djerdjian
Founder & President
Teaching Associate Professor, UCLA
Ph.D., Economics, Syracuse University
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David D. Friedman
Professor Emeritus, Santa Clara University school of Law
Ph.D., Theoretical Physics, University of Chicago
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Michael Huemer
Professor of Philosophy, University of Colorado Boulder
Ph.D., Philosophy, Rutgers University
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Walter Block
Harold E. Wirth Eminent Scholar Endowed Chair, Loyola University New Orleans
Ph.D., Economics, Columbia University
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Mark Skousen
Doti-Spogli Chair in Free Enterprise, Chapman University’s Argyros School of Business and Economics
Ph.D., Economics, George Washington University
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Thaddeus Russell
Historian, Founder of Unregistered Academy
Ph.D., History, Columbia University
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Per Bylund
Senior Fellow, Mises Institute. Johnny D. Pope Chair and Associate Professor of Entrepreneurship, Oklahoma State University’s Spears School of Business
Ph.D., Applied Economics, University of Missouri -
David Gordon
Senior fellow, Mises Institute
Ph.D., Intellectual History, UCLA
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Robert Murphy
Senior Fellow, Fraser Institute. Senior Fellow, Mises Institute
Ph.D., Economics, New York University
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Mark Thornton
Senior Fellow, Mises Institute
Ph.D., Economics, Auburn University
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Łukasz Dominiak
Associate Professor of Political Philosophy, Nicolaus Copernicus University. Fellow, Mises Institute
Ph.D., Political Philosophy, Nicolaus Copernicus University
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Matthew J. Geiger
Ph.D. student, Economics, Rey Juan Carlos University
Testimonials
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"Professor Djerdjian unequivocally changed the direction of my son's life."
- Thomas G. (Parent)
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"The institute's reach extends way beyond economics, although economics is at the heart of every discussion. I cannot emphasize enough how rare an opportunity like this is."
- Ablai K.
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"Austrian Economics is one of the only classes that I still think about on a weekly basis and find myself discussing with others 8+ years after graduating."
- Lauren M. C. P. (Former student of Prof. Djerdjian)
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"Austrian Economics is the single course that proposed ways of thinking I still use daily in my work in equity markets"
- Charlie M. (Former student of Prof. Djerdjian)
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"I disagreed with almost every economic philosophy he proposed — yet in doing so, I had to interrogate my own beliefs to a level never repeated in any other course"
- Jaydon L. (Former student of Prof. Djerdjian)
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"Djerdjian is the actual GOAT. He's made me into the student and Econ enthusiast I am today."
- Tommy W. (Former student of Prof. Djerdjian)