Econ 101

One Lesson

Libre MercadoHistoria de la Escuela Austriaca de EconomíaFilosofía y Metodología

06/05/2008Mises Daily Articles
They tell us how much better off economically we all are in war than in peace.
Lea más en Mises Wire

The Capitalist Revolution

Libre MercadoHistorial Mundial

Blog02/01/2019

Under capitalism, the common man was no longer a drudge who had to be satisfied with the crumbs that fell from the tables of the rich.

Lea más en Mises Wire

Why It's Important to Understand "Economic Costs"

Introducción a la Economía AustriacaSubjetivismoValor e Intercambio

Blog06/20/2019

The concept of economic cost seems to confuse people. It is not the price you pay for a good, but the reason you pay it.

Lea más en Mises Wire

What Is the Free Market?

11/04/2019Mises Daily Articles
Murray Rothbard defines the phrase free market: "a summary term for an array of exchanges that take place in society. Each exchange is undertaken as a voluntary agreement between two people or between groups of people represented by agents."
Lea más en Mises Wire

Middle-of-the-Road Policy Leads to Socialism

Libre MercadoHistoria de la Escuela Austriaca de EconomíaOtras Escuelas de Pensamiento

12/02/2006Mises Daily Articles
The fundamental dogma of all brands of socialism and communism is that the market economy or capitalism is a system that hurts the vital interests of the immense majority of people for the sole benefit of a small minority of rugged individualists.
Lea más en Mises Wire

4 Reasons Why Socialism Fails

SocialismoHistorial Mundial

Blog09/10/2018

Even a degenerate capitalism produces more prosperity than the best socialism. Therefore, the task ahead cannot be to remove capitalism in favor of socialism but to make capitalism better.

Lea más en Mises Wire

The Austrian Theory of Money

Historia de la Escuela Austriaca de EconomíaDinero y Banca

07/02/2019Mises Daily Articles
Mises's fundamental accomplishment was to take the theory of marginal utility and apply it to the demand for and the value, or the price, of money.
Lea más en Mises Wire

The End of Socialism and the Calculation Debate Revisited

SocialismoEstrategiaCálculo y ConocimientoIntervencionismo

10/09/2019Review of Austrian Economics, Volumes 1-10
The Soviet Union in 1991 was dissolved. Murray Rothbard explains what led to the economic collapse.
Formats

rae5_2_3_2.pdf

PDF icon PDF (1.63 MB)
Lea más en Mises Wire

The Myth of Natural Monopoly

Libre MercadoHistorial MundialMonopolio y Competencia

01/14/2019Mises Daily Articles
No such thing as a "natural" monopoly has ever existed. In real life, so-called "public utilities" faced frequent competition, so they secured government monopolies to destroy the competition and invented the myths to rationalize their monopoly power.
Lea más en Mises Wire

The Myth of Efficiency

Teoría de la Producción

09/04/2016Articles of Interest
The word "efficiency" in modern economics and politics has been abused to the point of having no useful meaning.
Formats
Lea más en Mises Wire

Lord Keynes and Say's Law

Libre MercadoOtras Escuelas de Pensamiento

02/24/2018Mises Daily Articles
Although they never actually refuted it, one of the worst things the Keynesians did was convince some people that they had refuted Say's Law of Markets.
Lea más en Mises Wire

A Reformulation of Austrian Business Cycle Theory in Light of the Financial Crisis

Auges y DeclivesCiclos Económicos

07/30/2014Quarterly Journal of Austrian Economics
The financial crisis and the events leading up to it have sparked a remarkable renewal of interest in Austrian Business Cycle Theory (ABCT).
Formats

qjae15_1_1.pdf

PDF icon PDF (1.1 MB)
Lea más en Mises Wire
Shield icon library