A Historiography of the Industrial Revolution and Otto von Bismarck

Ralph Raico discusses how historians have treated the Industrial Revolution and the rise of Otto von Bismarck and his notorious social insurance programs.

Ralph Raico

Ralph Raico (1936-2016) was a specialist in European classical liberalism and Austrian Economics. He learned economics under Ludwig von Mises, Murray Rothbard, and F.A. Hayek, and was professor emeritus of history at Buffalo State College. Raico was also the founder of The New Individualist Review.

Ralph Raico is a specialist in European classical liberalism and Austrian Economics. He learned economics under Ludwig von Mises and is currently a professor of history at Buffalo State College. Raico was also the editor, along with Ronald Hamowy, of the New Individualist Review.

In this video from a 1986 Libertarian International conference in Stockholm, Sweden, Raico gives a lecture on how historians have treated the Industrial Revolution and the rise of Otto von Bismarck and his notorious social insurance programs in pre-​World War Germany.