The Austrian Theory of the Business Cycle
Download the slides from this lecture at Mises.org/MU22_PPT_14. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
Government “Stimulus” Schemes Fail Because Demand Does Not Create Supply
By popular thinking, the key driver of economic growth is the increase in total demand for goods and services. It is also held that overall output increases by a multiple of the increase in expenditure by government, consumers and businesses. It
Austrian Capital Theory
Capital is the starting point of economic calculation. Download the slides from this lecture at Mises.org/MU22_PPT_13. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
Raushan Gross On the Newly Emerging And Newly Enabling Institutions Of Entrepreneurship
Entrepreneurship today is a movement, a welling-up of new economic creativity, combined with a great desire for economic freedom and the joys of self-reliance and discovery. The movement is newly empowered by enabling institutions that simply weren’t around a few
Calculation and Socialism
In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning. Download the slides from this lecture at Mises.org/MU22_PPT_12. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
The Theory of Interest
Time is an irreversible flux. Each moment has a unique place in the sequence of moments of time with respect to action. Download the slides from this lecture at Mises.org/MU22_PPT_11. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
College Conference Switching as Secession? A Case Study in “Nations by Consent”
One way to interpret Southern Cal and UCLA's move to switch conferences and join the Big 10 is as a form of peaceful secession. Original Article: "College Conference Switching as Secession? A Case Study in 'Nations by Consent'" This Audio Mises Wire is
Is Nationalism a Good Thing? That Depends.
From the United Kingdom to Spain to the Balkans, it has become common practice in Europe to refer to secessionist groups of various types as “nationalists.” Sometimes the term is employed as a pejorative term, and often not. Scottish nationalists,
The Economy Needs a Volcker Moment
Readers of the Mises Wire are most likely familiar with the Volcker moment. This was when former Fed chair Paul Volcker, in the face of steep price inflation, skyrocketed rates to nearly 20 percent. While critics of the Volcker moment complain
The Anti-Capitalists: Barbarians at the Gate
[This talk was presented as the Ludwig von Mises Memorial Lecture at the Austrian Scholars Conference in Auburn, Alabama on March 15, 2008. This talk is also available in video and MP3 audio file.] One thing is abundantly clear. Both the spirit