Search

Why Faster Is Sometimes Better, But Not Always

Audio/VideoAugust 5, 2014
Booms and busts are brewing in the real economy, but computers that can quickly solve math problems won’t tell you much about how business cycles work, writes Jonathan Newman. This audio Mises Daily is narrated by Allan Davis...

Read more

Why Faster Is Sometimes Better, But Not Always

Mises DailyJuly 21, 2014
Booms and busts are brewing in the real economy, but computers that can quickly solve math problems won’t tell you much about how business cycles work...

Read more

Faster Is Not Always Better

Mises DailyJuly 12, 2003
Why has the Concorde failed? The market determines whether and to what extent certain services such as speed are desired by society relative to competing demands on resources. No one can say a priori that faster is always and everywhere better. It may need to take a back seat to other priorities,...

Read more

Why People Walk on Stairs and Sometimes Stand on Escalators

BlogAugust 15, 2007

Here is the problem, according to Steven Landsburg:

Taking a step has a certain cost, in terms of energy expended. That cost is the same whether you're on the stairs or on the escalator. And taking a step has a certain benefit...

Read more

Jonathan Newman

PROFILE

Jonathan Newman was a 2013 and 2014 Summer Fellow at the Mises Institute and teaches economics at Auburn University.

Read more

Why American History Is Not What They Say

BooksOctober 24, 2012
Jeff Riggenbach's book is a crash course in revisionist history of the United States. What is revisionism? It is the retelling of history from a point of view that differs from the mainstream, which always treats the victor — the state — as glorious and the conquered —...

Read more

Theory of Money and Fiduciary Media

BooksMarch 13, 2013
Edited by Jörg Guido Hülsmann, the essays here presented provide insights for understanding the economic crises of our own time.

Read more

The Value of Money

BooksJune 11, 2009
Originally it was only the fluctuations to which prices in general were subjected that attracted attention. From the question why the level of prices is sometimes higher, sometimes lower, the problem has developed only in very recent times to the question, why for a definite sum of money it is...

Read more

Why Austrian Economics Matters

BooksAugust 1, 2007
Often regarded as the best single overview of the teachings of the Austrian school, its contribution to the history of ideas, and the political implications of Austrian economic theory.

Read more

Why Wages Rise

BooksJanuary 23, 2007
Wages are of prime importance in any advanced economy such as ours. They affect us all far more than seems evidenced in our concern about them.

Read more

Why Not Try Freedom

BooksMarch 12, 2009
Liberty is an outward creation of man which he has adopted for himself and whose use and enjoyment he reserves for mankind as a whole, for which he struggles and to which he dedicates consciously or unconsciously his highest efforts.

Read more

Secrets About Money That Put You at Risk

BooksFebruary 1, 2010
The Basic Things About Money and Wealth You Must Know And Probably Do Not Why is Money… (a) the thing that most of us worry about the most, and (b) the thing that you understand and were educated in school about the least? Why do otherwise educated people tragically say: "I really do...

Read more

Wealth: A Brief Explanation of the Causes of Economic Welfare

BooksJanuary 27, 2010
The really fundamental questions of economics are why all of us, taken together, are as well off—or as ill off, if that way of putting it be preferred—as we are, and why some of us are much better off and others much worse off than the average...

Read more

10 Reasons Why Austrian Economics Is Better Than Mainstream Economics

BlogAugust 8, 2012

BY JAKUB BOŻYDAR WIŚNIEWSKI (Original Post)

1. Austrian economists make it their priority to make sure that the theorems they formulate are derived from self-evident axioms and constructed according to...

Read more

The Development of Economic Doctrine: An Introductory Survey

BooksAugust 25, 2009
This treatise alone is enough to establish what is sometimes disputed today: the Austrians were squarely in the mainstream of economic thought before the Keynesian revolution when fallacy triumphed over truth.

Read more

Who's Listening?

BooksMarch 24, 2009
Listening to the truth always has fortunate results.

Read more

Planning for Freedom; and Twelve other Essays and Addresses

BooksJune 13, 2009
An enduring collection of Mises's essays, some popular and others scholarly, but always engaging and provocative.

Read more

Talking To Myself

BooksMarch 15, 2009
It is difficult enough for oneself to emerge as a better person; impossible to force such change in another.

Read more

The Forgotten Man and Other Essays

BooksDecember 10, 2008
"He works, he votes, generally he prays — but he always pays — yes, above all, he pays."...

Read more

Man vs. The Welfare State

BooksOctober 19, 2006
Hazlitt explains why politicians who promise salvation through government are dangerous.

Read more