Capital and Interest Theory

What is called economic progress is the effect of an accumulation of capital goods exceeding the increase in population, writes Ludwig von Mises (1

Jeffrey Tucker interviews Frank Daumann, professor for the Economics of Sports at the University of Jena, Germany. Recorded 28 February 2011.

Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as sta

The use of mathematics necessarily leads the economist to distort reality by making the theory convenient for mathematical symbolism and manipulati

The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011.

The theory of profit/interest has major implications for the understanding of capital accumulation, the determination of real wages and the general standard of living, taxation, inflation/deflation, and the business cycle.

It is certainly true that our age is full of conflicts which generate war.

Conservative Republicans are justified in switching their allegiance to the Austrian economists, because supply-side monetarists have a glaring blind spot when it comes to the Federal Reserve.

Weighing in on the side of John Locke, not only on interest rates but also in a general and comprehensive vision of economic laissez-faire that eve

Capital and interest theory, and its relation to income, is a very complex area of economics. It is also one in which the Austrians have made major contributions, and these unravel current confusions.