Capital and Interest Theory

Thorsten Polleit wrote the

For the last decade (or more), Canadians have been ebullient about their home-grown housing boom.

Orders in capital goods have been going up since 2009. Normally, capital goods purchases suggest economic growth, but if the orders are a result of easy money, the purchases point not to wealth creation, but to a bubble. 

Dan Sanchez examines Irwin Schiff's timeless comic book on how savings, innovation, and risk are the building blocks of productivity, progress, and wealth.

In their new book “Money”, Steve Forbes and Elizabeth Ames write with insight about the dangers of inflation and easy money, but ultima

This lecture by Jeffrey Herbener was presented at the 2012 Mises University in Auburn, Alabama.

This lecture by Roger Garrison was presented at the 2012 Mises University in Auburn, Alabama. Includes an introduction my Mark Thornton.

This lecture by Walter Block was presented at the 2012 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton.

The occasional eruptions of anti-war positions from conservatives and progressives are more a function of what political party controls the White House than of any principled ideological stance. Don't expect sustained opposition to war to come from either side.

Private property enabled all growth. Division of labor found employment for each man. Exchange is a win-win action. Risk taking tests ideas. Capital accumulation as production to make other things. The desire for a better life and the belief that it can happen.