A New Collection on Austrian Economics
This collection provides an overview of several promising developments relating to core problems in Austrian economics.
Capital and Interest Theory
Displaying 151 - 160 of 765
The Fed’s Fantasy on Neutral Interest Rates
The Fed is trying to establish a level of interest rate that corresponds to the conditions of the free market. Unfortunately, this is impossible.
Interest and the Length of Production: A Reply
A lower interest rate does lead to building more of the capital structure supplemented by reallocation of labor into later stages of production.
Capital As a Form of Charity
Both fact and logic seem to support the view that savings invested in privately owned economic tools of production amount to an act of charity.
Aristotle on Private Property and Money
Although Aristotle scorned moneymaking and was scarcely a partisan of laissez-faire, he set forth a trenchant argument in favor of private property.
Mainstream Economists Don’t Even Get Their Dimensions Right
Economists often discuss capital and interest, assuming that “interest equals the marginal product of capital” when in fact that is simply wrong.
Week in Review: July 15, 2017
Janet Yellen headed to Congress this week to insist that everything is fine — and the Fed doesn't need any oversight.
A Look at Uncertainty in the UK, Post-Election
It's becoming increasingly clear the Bank of England is sticking to an uncomfortably aggressive quantitative easing program.
Capitalism Is About Working Less to Earn More
If working is the price we pay to obtain things we want, then economic progress means decreasing this price thanks to continued productivity growth.
“Priming the Pump” Won’t Create Real Wealth
Many economists believe the economy can be "jump-started" with some monetary and fiscal stimulus. Unfortunately, this only creates bubbles.
