Entrepreneurship

Neoclassical economists often make matters more complicated than necessary; but, fortunately, the best of them manage to stumble close

If socialists of old resented Pravda for giving them a bad name, writes Lew Rockwell, free enterprisers ought to feel the same about the Wall Street Journal's editorial page.

It is conventional to credit medicines and hospitals for long lives, writes Jeffrey Tucker, but we should also give due regard to such conventional consumer products such as shoes that make life past the age of 40 worth living at all.

The next element in human development is that of money and the growth of cities and trade. Why is there division of labor and why is there money? Hoppe covers why people do not remain in self-sufficient isolation even when they could and even if everybody hated everybody else. As long as every person wants to have more rather than less, division of labor occurs.

Presented at the 2004 Austrian Scholars Conference.

Murray Rothbard reviews the most popular selling economics textbook of all time: Paul Samuelson's Economics, and the 9th edition in particular.

Most people assume that gifts are wonderful to receive. But this view has recently come under attack, reports Robert Murphy finds riddled with fallacy.

Dale Steinreich explains the twin goals of the AMA-shaped medical industry: artificially elevated incomes and worship by patients.

Erich Mattei explains that reformist measures do not address the fundamental problem afflicting the nations waterways: river socialism. 

“The Industrial Revolution - Part Three” Robert LeFevre.