Capital and Interest Theory

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Ludwig von Mises

The fallacy that labor-saving machines create technological unemployment has not only been disproved by theory but also by the whole history of mankind.

Mark Brandly

While Ocasio-Cortez has a degree in economics, she apparently never learned the lessons stressed by Hernando de Soto in his The Mystery of Capital.

George Reisman

Not only is capitalism not a system of the exploitation of labor, but the real system of the exploitation of labor is socialism.

Roger W. Garrison

The so-called "art of central banking" lies in picking the "right" target interest rate. But, there's no way to know the "correct" rate without giving markets freedom from central bankers.

Karl-Friedrich Israel

The Economic Theory of Costs contains valuable criticism of the standard neoclassical approach and some original ideas on how to develop causal-realist economics in the Mengerian tradition.