This book links Böhm-Bawerk's production theory and Mises's business-cycle theory, and gives a pathbreaking account of the role of consumers' goods within the structure of production.
This exposition deals with the method and theory of economics, and particularly excels in its application to matters of policy. Its sections on price controls, money, banking, and environmentalism apply Misesian theory to new times and new literature. The author deals patiently but devastatin gly...
Even today, social scientists and historians continue to treat the Industrial Revolution as if it were the beginning of the end of civilization. What the essays in this book do is show the opposite.
Capitalism, Socialism, and Democracy is packed with scintillating insight on all the topics that really matter: capitalism and its future, the absurdities of socialism, the dangers of democratic rule, the future of freedom, and the social dynamics that...
Klein rehabilitates and expands the classical concept of the entrepreneur as a judgmental decision-maker, linking the capitalist-investor and the entrepreneur-promoter.