Calculation and Knowledge

There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.

Capitalists generally think in terms of future earnings, and future value of investments often helps determine the present value. Hillary Clinton, however, has decided to achieve her short-term election goal by hectoring capitalists for thinking too much about the short term.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 23 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.

The only thing defense spending actually defends are the profits of defense contractors.

It’s a great time to be studying entrepreneurship. Today as never before entrepreneurs are confronted with “grand challenges” both in the marketplace and society more broadly. And despite constant efforts to stifle their work, entrepreneurs rise to these challenges, thereby showing their vital role in solving some of our deepest economic and social problems.