Entrepreneurship
This Way Toward Equality
Equalization of incomes can be accomplished only by moving down the road toward serfdom.
Peter Klein Discusses Christina Romer, Bill Clinton, Israel Kirzner, and Entrepreneurship
Bob Murphy and Peter Klein discuss Peter's unusual career path and his work on entrepreneurship.
Only Capitalism Will Save the Millennials
The endpoint of the existing system of party democracy, social welfare, and state capitalism is state bankruptcy, misery, and suppression.
Enterprising Education: Doing Away with the Public School System
Besides national defense, no government-provided service enjoys as much exemption from scrutiny as the provision and subsidization of primary public education.
Dr. Per Bylund will argue that the ‘new’ economy does not require a new economics.
Las Vegas Apartments: Gambling on the Future, Using Today’s Numbers
Millennials are the focus of everyone’s attention in the housing business.
Are Ownership Rent and Pure Profit Separate Returns to the Entrepreneur?
This paper elaborates and defends the concept of owner's rent as a return to the technical decision-making function of the owner of the firm. It argues that owner's rent is a return to unhirable labor and is separate and distinct from the profit earned by the owner in his entrepreneurial function as a forecaster of uncertain future market conditions.
On Conceptualizing Risk: A Comment on Hoffmann
Méra argues in this comment that Hoffmann’s criticisms of the Misesian approach to risk and his case for an alternative are unconvincing.
Socialism and Decivilization
Let us consider the process that led to the decline and disappearance of classical Roman civilization.