Articles of Interest

The starting point for the development of all economic theory is “human action is purposeful behavior.” The following reading is chapter 4 from An Introduction to Austrian Economics by Thomas C. Taylor.

The following reading is a selection from Human Action, Chapter XIX, “The Rate of Interest,” by Ludwig von Mises.

The following reading is selected from Principles of Economics, chapter I, “The General Theory of the Good,” by Carl Menger.

The following reading is selected from Principles of Economics, chapter I, “The General Theory of the Good,” by Carl Menger.

The following reading is chapter 2 of What Has Government Done to Our Money? by Murray Rothbard.

Despite the many illustrious forerunners in its six-hundred-year prehistory, Carl Menger was the true and sole founder of the Austrian School of ec

The unscrupulous are likely to be more successful in a society tending toward totalitarianism.

In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects.

Translation of a remembrance of Eugen v. Böhm-Bawerk, on the occasion of the tenth anniversary of this death. His final words to Austria’s financial authorities. Today they will be valued more highly than at the time when they were first published.

[Excerpt from Murray N. Rothbard, A History of Money and Banking in the United States: The Colonial Era to World War II (pp. 400–24].