Capital and Interest Theory

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Mainstream Economists Don’t Even Get Their Dimensions Right

Capital and Interest Theory

Blog11/03/2017
Economists often discuss capital and interest, assuming that “interest equals the marginal product of capital” when in fact that is simply wrong.
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Week in Review: July 15, 2017

EducationThe FedMedia and CultureSocialismCapital and Interest Theory

Blog07/14/2017
Janet Yellen headed to Congress this week to insist that everything is fine — and the Fed doesn't need any oversight.
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Capitalism Is About Working Less to Earn More

Labor and WagesCapital and Interest Theory

Blog05/31/2017
If working is the price we pay to obtain things we want, then economic progress means decreasing this price thanks to continued productivity growth.
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"Priming the Pump" Won't Create Real Wealth

Capital and Interest Theory

Blog05/22/2017
Many economists believe the economy can be "jump-started" with some monetary and fiscal stimulus. Unfortunately, this only creates bubbles.
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Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog03/30/2017
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.
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For Keynesians and Austrians, "Uncertainty" Means Two Different Things

Booms and BustsCapital and Interest Theory

Blog03/22/2017
After the 2008 crisis, many Keynesians found a new appreciation for uncertainty in economics. Unfortunately, they misunderstand how uncertainty works.
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How the Fed Operates — And Why It's a Problem

The FedMoney and BanksCapital and Interest TheoryMoney and Banking

Blog03/14/2017
Central bankers often claim their tinkering with the money supply is but a small intervention, but in reality, it sets the boom-bust cycle in motion.
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Bill Gates's Robot Tax Is a Terrible Idea

Capital and Interest TheoryProduction Theory

Blog03/07/2017
Contrary to what Bill Gates thinks, robots don't decrease tax revenue, nor do they condemn us to a future of unemployment.
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The Pure Time Preference Theory of Interest chinese

Chinese Translation of The Pure Time-Preference Theory of Interest

Capital and Interest Theory

Blog11/16/2016

This new translation is the most recent addition to the growing library of Austrian works being translated and made available in China.

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Venezuela Shows There's No Shortcut to Economic Growth

Capital and Interest TheoryProduction Theory

Blog06/06/2016

Economic growth is about transforming capital in useful ways. It is not about just making more stuff.

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