Lara and Murphy Discuss IBC and the Business Owner
Bob Murphy and Carlos Lara discuss the yield curve from an Austrian perspective.
Monetary Theory
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Classical Economics vs. The Exploitation Theory
Not only is capitalism not a system of the exploitation of labor, but the real system of the exploitation of labor is socialism.
Two Simple Questions Keynesians Can’t Answer
Keynesian economics is the economics of debt-addicted, lower-class spendthrifts: modern governments.
Ludwig von Mises and the Nature of Money
Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.
The Price Determined by the Cost and Costs Determined by Prices: A Reply to Israel
Machaj, a contributor to McCaffrey’s The Economic Theory of Costs, replies to Israel to clarify and develop his point on imputed value and price formation.
Facing Inflation Alone: Juan de Mariana and His Struggle against Monetary Chaos
Several generations have benefited unknowingly from Mariana's courageous efforts to defend private property and freedom against the tyrants of his day.
On the Coinage
Translation of the appendix to Juan de Mariana's most libertarian book De rege et regis institutione.
Juan de Mariana and Miguel de Cervantes: The School of Salamanca and the Invention of the Modern Novel
The classic novel Don Quijote should be taught in every economics department.
The Evolution of Mises’ Monetary Thought
In this 32-minute talk, Jörg Guido Hülsmann examines and summarizes Mises’s insights and innovations in understanding money, its origins, and
The Determination of the Purchasing Power of Money
The demand for a medium of exchange is the composite of two partial demands: the intention to use it in consumption and production and the intention to use it as a medium of exchange.
