Calculation and Knowledge

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005

It is an error to believe that prosperity correlates directly and positively with consumption spending, writes Vlad Menshikov.

No, I’m not linking to somebody’s silly article on this topic, so that we can all make fun of him.

Many people have said that the collapse of the Soviet Union proved that Mises was correct. New research into the origins of writing, writes Gene Callahan, provides clues that allows us to formulate Mises's argument concerning calculation more precisely. 

Recorded at Mises University 2004.

Recorded 10/16/2004 at Radical Scholarship: The Guerrilla Movement for Liberty.  

Cast aside all the trumped up claims concerning the power of the central bank to achieve price stability, writes Antony Mueller.

Mises was once asked what one institution gives evidence that a society has crossed into socialism from capitalism or vice versa, writes Dale Steinreich.

Even if markets can somehow better anticipate the outcome, writes B.K. Marcus, prediction markets will not achieve their full potential until they incorporate the power of profit-seeking self-interest.

With the ousting of head man Saddam Hussein, the production of security completely collapsed. While I saw burgeoning businesses in fence building, satellite dish installations, used car sales, and agriculture in southern Iraq, the production of security floundered.