Capital and Interest Theory

Displaying 81 - 90 of 621

Julian Simon's Wager With Paul Ehrlich

Calculation and KnowledgeCapital and Interest Theory


I'm sure most readers of this blog are familiar with Julian Simon's wager with Paul "The Population Bomb" Ehrlich. For those who don't know, Simon let Ehrich pick any five metals in 1980, and he bet that a basket of them...

Read More

Who's Afraid of the CPI!

Money and BanksCapital and Interest TheoryMonetary TheoryMoney and Banking


Everybody worries about inflation these days. It's chic. It's trendy. And it gives me a great comeback to the boss at raise time. "Congrats, Roberts, you're getting a 3% increase."

"Yeah, I just about keep up with inflation," I reply with that snippy look that bosses hate. A smart alecky...

Read More

So Now It's Core Core Inflation?

Capital and Interest Theory


For the third month in the row, "core" consumer prices, which the Fed and accordingly also financial markets have decided to focus on ( for irrational reasons )...

Read More

Stockpiling Gas

Capital and Interest Theory


AOL News (AP) reports on a market solution to rising gas prices: buy gas now and store it for later. That's right; create your own strategic oil reserve!

One lucky prospector is tapping the 99...

Read More

Markets are both competitive and cooperative, but never coercive

Capital and Interest TheoryEntrepreneurshipPhilosophy and Methodology


When people consider the question of how society should be organized, there is a tendency to portray issues in terms of false alternatives. Such is the case with competition or individualism (i.e., market organization) versus cooperation or community (i.e., organization through government). It...

Read More

debt and the trade against risk

Financial MarketsMoney and BanksCapital and Interest TheoryMoney and Banking


This post is in response to Stephan's. My objection to limited liability is actually one that he passes over quickly, and is not quite the same as van Eeghen's. He says, "As for voluntary debts being limited to the corporation's assets...

Read More

Natural and Neutral Rates of Interest in Theory and Policy Formulation

Capital and Interest TheoryHistory of the Austrian School of EconomicsProduction Theory

03/13/2019Mises Daily Articles
The so-called "art of central banking" lies in picking the "right" target interest rate. But, there's no way to know the "correct" rate without giving markets freedom from central bankers.
Read More

Review of The Economic Theory of Costs: Foundations and New Directions

Calculation and KnowledgeCapital and Interest TheoryPricesValue and Exchange

02/13/2019Quarterly Journal of Austrian Economics
The Economic Theory of Costs contains valuable criticism of the standard neoclassical approach and some original ideas on how to develop causal-realist economics in the Mengerian tradition.
Read More

Landlordism and Liberty: Aristocratic Misrule And the Anti-Corn-Law League

Business CyclesCapital and Interest TheoryPrivate Property

11/24/2018The Journal of Libertarian Studies
The Anti-Corn-Law League was the best financed and the most highly organized political pressure group that Britain has ever witnessed.


PDF icon PDF (1.33 MB)
Read More

13 Illustrations of the Benevolence of Capitalism

U.S. EconomyCapital and Interest TheoryMonopoly and CompetitionProduction TheoryValue and Exchange

11/20/2018Mises Daily Articles
If allowed to function freely, capitalism is hard-wired to distribute resources to as many people as possible at affordable prices. You don't have to be rich to participate in the bounty.
Read More
Shield icon library