Recent Podcast Episodes
Six Fundamental Errors of the Current Orthodoxy
What they don’t understand: aggregation, relative prices, interest rates, capital structure, money pumping, and regime uncertainty, writes Ro
The Tale of Two Invisible Hands
Most Americans do not know what the source of wealth is and they don't know what causes economic problems. Self-interest promotes the general interest of society. The invisible hand can deliver all. The coercive hand of government destroys all.
Capitalism Is Life Itself
The fate of the consumer is the fate of civilization itself. Every person influences what is done with the world's resources. Call it consumerism. Call it free society. Call it capitalism. It works for people.
The Life of an International Economics Student
Lucia's interest in history drew her to Mises Institute in order to do research which was not available in Milan. She noticed wealth and famous Southern hospitality. She met others seeking, as she does, freedom and truth.
Money Is Work
Farmer Boy was probably written by Rose Wilder Lane in the mid-40s. Money is work is a phrase from this book. Money is hard work and much time. Government edicts don’t create money; markets create money.
The Life of an International Economics Student
Go experience other countries. Travel will improve your mindset and your character. Travel does broaden.
How Do People Make Economic Decisions?
The economic point of view holds that logic reveals that certain means - like socialism -simply cannot produce certain desired results such as social cooperation. Austrian economics realistically explains all the choices that people make to be better off.
America Aflame
Goldfield's book fails at revisionism. The author does not grapple with the truth that the Civil War was not about slavery, that war does not boost an economy, and that Lincoln did not need to wage that war anyway.
The “Old Lady” Hasn’t a Clue
A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anywa
Introduction to ‘Liberty Defined’
I use the term “liberal” without irony or contempt, for the liberal tradition in the true sense was devoted to freeing people from the
Money Can’t Buy You Economic Prosperity
We cannot eat money. We cannot wear money. We cannot live in money. Money can’t buy you love, writes Shawn Ritenour.
Pre-Fascist Italy: Tax and Borrow and Spend
The balanced budget passed away definitely in 1911, not to return again until a revolution had swept from the people of Italy their freedom, writes
Jane Jacobs (1916–2006)
Jacobs was a libertarian whether she knew it or not. The conclusions she drew were Misesian, just in a different way. Jacobs has also been compared to Hayek. Her The Death & Life of Great American Cities told essentially the same story as Hayek's The Use of Knowledge in Society.
The Discovery of the Self: The Theory of Subjective Value
Menger went on to accomplish a radical break with tradition: a thoroughly individualistic view of humanity and of the world, writes Eugen-Maria Sch
The Moral Imperative of the Market
If it is true that prices are signals which enable us to adapt our activities to unknown events and demands, it is evidently nonsense to believe th
William Graham Sumner (1840–1910)
Neither Sumner nor Herbert Spencer were social Darwinists - a moniker hung upon them both. What Social Classes Owe to Each Other answers that question with to take care of his or her own self. Minding other people's business is dangerous and wrong.
Islam without Extremes: A Muslim Case for Liberty
Jeffrey Tucker interviews Mustafa Akyol, a Turkish writer and political commentator, on the topic of Islam and Liberty.