Capital and Interest Theory

The truth is that capitalism has poured a horn of plenty upon the masses of wage earners, who frequently did all they could to sabotage the adoptio

Advanced lecture on the theory of pure interest, discussing its pros and cons as compared to other theories, and its relationship with capital theo

Looks at causes of the 1929 crash and ensuing depression, with lessons for today. Recorded at Mises University 2010.

Recorded at Mises University 2010. Includes an introduction by Mark Thornton. 

In a free market, an unemployed man has always chosen unemployment over working in a place, at a time, in a way, or for a wage that he dislikes, wr

The owner of ghetto housing differs little from any other purveyor of low-cost merchandise, writes Walter Block.

The beginning of a new credit expansion runs across remainders of preceding malinvestment and malemployment, not yet obliterated in the course of t

People rebel against the insight that the malinvestment and overconsumption of the boom period are the cause of the bust.

From Part I of A History of Money and Banking in the United States: The Colonial Era to World War II: “The History of Money and Bank

The truth of the matter is that, far from causing starvation and famines, it is the speculator who prevents them.