mises

Ludwig von Mises: Scholar, Creator, Hero Part 1

Tuesday, September 1st, 2015 by posted in Economics, History.
MisesLibrary (1) teaser

Reprinted from Mises.org The purpose of this essay is to discuss and celebrate the life and work of one of the great creative minds of our century. Ludwig von Mises was born on September 29, 1881, in the city of

No comments yet

The Market and the State

Thursday, August 13th, 2015 by posted in Economics, Politics, Regulation.
italy government teaser

Originally published in German in 1968. Reprinted from Mises.org For every species of animals and plants the means of subsistence are limited. Hence every living being’s vital interests are implacably opposed to those of all members of its own species.

No comments yet

Mises’s Contribution to Understanding Business Cycles

Thursday, July 23rd, 2015 by posted in Economics, History.
Home-Construction_teaser

Reprinted from Mises.org. September 29, 2014 is the 133rd anniversary of Ludwig von Mises’s birth. From The Essential von Mises: Included in The Theory of Money and Credit were at least the rudiments of another magnificent accomplishment of Ludwig von Mises:

Comments are off for this post

The Chimera of Contracyclical Policies

Wednesday, July 15th, 2015 by posted in Banking, Capitalism, Economics.
money printing teaser

[Republished from Human Action (1949)] An essential element of the “unorthodox” doctrines, advanced both by all socialists and by all interventionists, is that the recurrence of depressions is a phenomenon inherent in the very operation, of the market economy. But while

Comments are off for this post

Cyclical Changes in Business Conditions

Friday, June 19th, 2015 by posted in Banking, Economics.
bank teller teaser

This article is excerpted from The Causes of the Economic Crisis and Other Essays Before and After the Great Depression, chapter 3, part II, “Cyclical Changes in Business Conditions.” The Role of Interest Rates In our economic system, times of

Comments are off for this post

In Defense of Private Property: Mises and Aristotle

Friday, June 12th, 2015 by posted in Philosophy, Regulation.
mises teaser

Reprinted from the Freeman I’ve just reacquainted myself with two seminal texts: Aristotle’s Politics and Ludwig von Mises’s Socialism. Though written nearly two and a half millennia apart, it’s remarkable how these two gigantically important treatises parallel each other. They

Comments are off for this post

Stones into Bread: The Keynesian Miracle

Tuesday, May 19th, 2015 by posted in Capitalism, Economics.
keynes (1) teaser

[Originally printed in Plain Talk, March 1948, and reprinted in Planning for Freedom]. Reprinted from Mises.org The stock-in-trade of all Socialist authors is the idea that there is potential plenty and that the substitution of socialism for capitalism would make it possible

1 comment

The Objectives of Currency Devaluation

Thursday, April 2nd, 2015 by posted in Banking, Capitalism, Economics.
currency teaser

This article is excerpted from Human Action (1949), chapter 31, “Currency and Credit Manipulation.” In the boom period that ended in 1929, labor unions had succeeded in almost all countries in enforcing wage rates higher than those which the market,

Comments are off for this post

Praxeology in Many Disciplines

Tuesday, March 3rd, 2015 by posted in Economics, Education, Philosophy.
canada_lacrosse

A great strength of the Austrian School of Economics is the breadth of academic scholarship that it can enrich.  The philosophic underpinnings of the Austrian economists, and specifically of Ludwig von Mises, universalize the principles of economic activity to all

Comments are off for this post

Consumers’ Sovereignty and Natural vs. Contrived Scarcities

Tuesday, March 3rd, 2015 by posted in Capitalism, Economics.
WheatField at Sunset_teaser

Reprinted from The Daily Bell One of the great myths about the capitalist system is the presumption that businessmen make profits at the expense of the consumers and workers in society. Nothing could be further from the truth. In the

Comments are off for this post

John Bugas: G-Man, Ford Executive, Misesian?

Wednesday, February 11th, 2015 by posted in Capitalism, Economics.
JSBugas

John Bugas and Consumer Sovereignty The economist Ludwig von Mises made the notion of “consumer sovereignty” a key plank in his economic analysis and defense of the market economy. John Bugas, a colorful character who rounded up “public enemies” for

Comments are off for this post

The Rise of Capitalism

Wednesday, January 21st, 2015 by posted in Capitalism, Economics, History.
Reeve_and_Serfs

This article is excerpted from Liberty & Property, part 2 (2009). Reprinted from Mises.org The precapitalistic system of product was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were

Comments are off for this post

Economics and the Citizen

Thursday, January 8th, 2015 by posted in Economics, Education.
Farmers-Market-2_teaser

This article is excerpted from Human Action, chapter 38, “The Place of Economics in Learning.” Reprinted from Mises.org Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy

Comments are off for this post

Is Secession a Right?

Friday, December 12th, 2014 by posted in Philosophy, Politics, Regulation.
1861-Slave-State-Map-from-Harpers_teaser

Reprinted from Mises.org Grant defeated Lee, the Confederacy crumbled, and the idea of secession disappeared forever, or at least that’s what the conventional wisdom says. Secession is no historical irrelevance. Quite the contrary, the topic is integral to classical liberalism.

Comments are off for this post

David Howden: Banking, Free And 100 Percent Reserve

Friday, November 28th, 2014 by posted in Banking, Economics.
David Howden: Banking, Free And 100 Percent Reserve

Dave Howden Lecturing at Rothbard University 2014

2 comments

Freedom of the Press

Thursday, November 27th, 2014 by posted in Civil Liberties, Education, Regulation.
pressfreedom_teaser

Reprinted from The Anti-Capitalistic Mentality (1954) Freedom of the press is one of the fundamental features of a nation of free citizens. It is one of the essential points in the political program of old classical liberalism. No one has

Comments are off for this post

The Philosophy of the Pseudoprogressives

Tuesday, November 11th, 2014 by posted in Economics, Epistemology, History, Philosophy.
Paris_skyline_2014_teaser

[This article originally appeared in Plain Talk, February 1950. It is included in Planning for Freedom.] 1. The Two Lines of Marxian Thought and Policies In all countries which have not openly adopted a policy of outright and all-around socialization

Comments are off for this post

Paul Cantor: Model Mentor

Monday, September 22nd, 2014 by posted in Economics, Education.
paul_cantor

I once called Paul Cantor “the incomparable Cantor.” Another apt, alliterative sobriquet would have been “model mentor.” When others weren’t, Paul was there for me. He helped me. He taught me. He guided me. He’s the type of scholar I’d like

Comments are off for this post

What Gave Bitcoin Its Value?

Tuesday, September 9th, 2014 by posted in Banking, Capitalism, Economics.
bitcoin_teaser

Reprinted from the Freeman Many people who have never used bitcoin look at it with confusion. Why does this magic Internet money have any value at all? It’s just some computer thing that someone made up. Consider the criticism of

Comments are off for this post

Does the World Need a World Bank?

Tuesday, September 2nd, 2014 by posted in Banking, Capitalism, Economics.
worldbank-tea

[Ludwig von Mises on Money and Inflation (2010)] As a medium of exchange, the situation of money is different from that of other commodities. If there is an increase in the quantity of other commodities, this always means an improvement of

Comments are off for this post