Heinz Blasnik, a Good Friend and My Austrian Economic Teacher, Passed Away

I met Heinz virtually in 2001 on Silicon Investor. Until I met him I knew nothing of Austrian economics or even what Libertarian meant. 

Unquestionably, Heinz influenced my economic thinking more than any other person. 

Obituary for the Acting Man

Another friend, Keith Weiner, wrote an Obituary for the Acting Man

I write this with sadness, still, at the news of the death of my friend Heinz Blasnik. He is better known by his nom de plume, Pater Tenebrarum, who published the economics blog Acting Man and wrote for many other financial sites.

Heinz was deeply, passionately interested in helping people understand economics. I know not how much time he gave to this cause—unpaid, as blogs do not make money—but it was surely more than I spend. He engaged with those who were interested. Sadly, Austrian economics is not mainstream, though there are more than enough people to keep a teacher—or sensei—busy. He was willing to correspond with me, and I credit his articles and emails for helping shape my own views.

I don’t think Heinz believed in Heaven, but I hope everyone will understand when I say this. I would look forward to a day—many years in the future, I hope—when I could meet Heinz for beers in Heaven, and continue our conversation where it left off in 2021.

Adieu Heinz.

I never met Heinz in person but we did chat on the phone. Starting in about 2004 we exchanged emails several times a week and sometime several times a day all until recently.

My first inclination things were wrong when earlier this year emails slowed to a trickle then stopped. 

For a while, Heinz posted under the name “Trotsky” a pseudonym Heinz chose as a joke but later regretted. 

Under that pen name, he did some guest posts on my blog.

In a truly free market, fiat money would never come into existence. And that is why Greenspan is wrong. Governments can not create something as good as gold. History clearly shows that that only the real thing will do,” concluded Heinz

Heinz was my mentor, a good friend, and the best teacher of Austrian economics and the Libertarian philosophy one could hope to find.

I miss him and so will everyone else he influenced.

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RunnerDan
RunnerDan
2 years ago
He also wrote great articles on the Roman empire and seemed to have quite a command of the Latin language.  How sad.  Requiescat in pace!
tucsonbandit
tucsonbandit
2 years ago
I used to post with Heinz back on Silicon Investor in the ‘olden days’, you too (mish) actually before you became ‘famous’, all the way back in the late 90’s…mostly on ‘clown free zone’, but also on some gold bug forums and tech forums where he would have arguments with some ‘new economy’ people.
HB had some epic posts on SI back then which is what eventually got me to buy gold in 1999 and dump my tech stocks.   HB seriously taught me more than all my college economics professors ever did..lol
Maximus_Minimus
Maximus_Minimus
2 years ago
I used to visit the ActingMan site, and enjoyed reading the informative and witty posts there.
Was sad to see that the stream of articles came to a trickle this year, and now I know the reason.
RIP
ajc1970
ajc1970
2 years ago
Sorry for your loss Mish.
TheWindowCleaner
TheWindowCleaner
2 years ago
My sincere sympathies. I don’t doubt his good intentions, but it is my observation that Austrians cannot think outside of the present monetary paradigm even if doing so would enable them to accomplish their highest goal of price and asset deflation. A clear sign that they are blinded by orthodoxy. And libertarians?  Again their intentions are virtuous, but economically they believe in an idealized/fetishized idea of liberty/freedom/free markets instead of realizing that integrating monetary gifting into the economy would mimic and create an economy that operated like the gracefully dynamic and in fact unstoppable free flow of time and space…that they themselves desire. 
StukiMoi
StukiMoi
2 years ago
“integrating monetary gifting into the economy”
Which, whatever that is supposed to mean: In practice cannot ever resolve to anything other than granting privileged hacks unlimited license to rob and redistribute other people’s stuff to whomever they fancy. Including themselves.
Freedom isn’t some weird, arbitrary fetish. Rather, it’s the absence of weird, arbitrary fetishes.
KSFO
KSFO
2 years ago
I saw his posts first on the “clown free zone”  on Silicon Investor around june 2000. After years of hearing the CNBS bullshit, i had never read or heard anyone speak so eloquently about the impending stock implosion that ended up happening 2000-2002. Mish, I remember very well the back and forth you and him had on that site, i think you showed up about the same time i did, but i just lurked and learned. His knowledge of economics and finance and the way he shared his knowledge was world class! I never corresponded with Heinz, but i feel a real loss today, this really sucks.   Thanks for everything,  and may you rest in peace.
Maximus_Minimus
Maximus_Minimus
2 years ago
Reply to  KSFO
I have to say (if I can say it here) that “Pater Tanebrarum” was also the wittiest writer on economics.
Eddie_T
Eddie_T
2 years ago
I didn’t know him personally but I read his writing with interest for many years, One of the best of the financial bloggers, for sure. I am sorry for your loss…and for our loss….in the internet community he was a big part of.
Thank you for letting us know. He will be missed.
TexasTim65
TexasTim65
2 years ago
Reply to  Eddie_T
I got introduced to his blog via Mish’s and I enjoyed reading his work and learned a lot.
He will be missed indeed.

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