Biography
Ingo Bischoff
Who is he: Ingo Bischoff is a financial educator who might be termed a neo-Austrian. Bischoff is the founder and president of The San Francisco School of Economics in 2006. The school keeps an association with academics in the field of Monetary Science, Political Economy and Taxation Policy. Under Bischoff the school has a definitive point of view on most issues that blend free-market thinking with other forms of economic analysis.
Bischoff advocates the use of state power to organize and enforce free-market tenets. One of his fundamental points is that all land ought to be held by the state for the benefit of those who wish to rent it and pay tax based on the productivity of that land. Bischoff points to ancient Anglo Saxon law to buttress his points in this regard and also several more modern economic philosophers.
The blend of Bischoff's advocacy is based on Adam Smith's "Real Bills Doctrine," a taxation system based on Henry George's land value taxation ideas, free-market economics based on the work of Carl Menger and that of his fellow Austrians, and a political system under which the voices of the several states are restored in the U.S. Congress. Courses include:
"Money & Banking," which is an academic look at the history of banking in North America. It discusses the monetary system based on the bills of exchange doctrine and a redeemable currency.
"Fundamental Economics," which clearly defines the terms used to discuss the questions of political economy. It deals with the factors of production, and it describes how these factors of production are compensated in relation to their contribution in the creation of wealth.
"U.S. Constitution," which recounts the meeting of the Constitutional Convention of 1787. It looks at the most influential delegates and describes their contribution. It looks at the "Bill of Rights" and other subsequent amendments to the Constitution and their effects.
"Markets & Prices," which explains the discovery of prices in free markets based on Carl Mengers marginal utiliy approach."
Background: Bischoff did his undergraduate work in Physics, Chemistry and Business Science and his graduate work in Economics. In Bischoff's professional life, he was the CEO of a commercial printing and publishing company for 28 years. After retirement from commercial business, he formed the San Francisco School of Economics in 2006.
It is the mission of the San Francisco School of Economics to offer to the layman, as well as the professional investor, a different perspective on the political economy and financial system by challenging the prevailing paradigm.
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