The Myth of the Failure of Capitalism
Socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would, after centuries of gains in prosperity, rediscover the meaning of hunger on a massive scale.
Socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would, after centuries of gains in prosperity, rediscover the meaning of hunger on a massive scale.
Professor Salerno tells his personal story of how he discovered Austrian economics.
Peter Lewin joins Bob to discuss his work on uniting Austrian capital theory with mainstream finance.
Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism.
Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism.
Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.
Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.
Karl Marx portrayed a horrifying and violent state of society which is allegedly necessary "to reduce all to a common level."
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.