Mises Daily Articles

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Economics: Vocation or Profession?

EducationPhilosophy and Methodology

07/16/2019Mises Daily Articles
The vocational economist is dedicated to a body of ideas — not merely money, fame, or power — and strives to master the system of economic theory as handed down by the great system builders and innovators of the past.
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The Class Struggle

World HistoryOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory

07/12/2019Mises Daily Articles
The workers were never enthusiastic about socialism. Socialism was brought to the masses by intellectuals of bourgeois background, dining and wining together in the luxurious London homes and country seats of late Victorian "society."
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Praxeology: The Methodology of Austrian Economics

Philosophy and MethodologyPraxeology

07/11/2019Mises Daily Articles
The praxeological method was the basic method of the earlier Austrian school and also of a considerable segment of the older classical school.
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The Austrian Theory of Money

History of the Austrian School of EconomicsMoney and Banking

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.
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Benjamin Constant: extraordinario liberal francés

BiographiesThe EntrepreneurWorld HistoryPhilosophy and MethodologyPolitical Theory

06/29/2019Mises Daily Articles
«Amaba la libertad como otros hombres aman el poder», fue el juicio que un contemporáneo emitió sobre Benjamin Constant. Su preocupación de toda la vida, tanto como escritor como político, fue el logro en Francia y en otras naciones de una sociedad libre.
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Benjamin Constant: French Liberal Extraordinaire

BiographiesThe EntrepreneurWorld HistoryPhilosophy and MethodologyPolitical Theory

06/29/2019Mises Daily Articles
"He loved liberty as other men love power," was the judgment passed on Benjamin Constant by a contemporary. His lifelong concern, both as a writer and politician, was the growth of human freedom.
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La supuesta ausencia de depresiones bajo el totalitarismo

Business CyclesHistory of the Austrian School of EconomicsMonetary TheoryOther Schools of Thought

06/21/2019Mises Daily Articles
Donde no hay negocios, los negocios no pueden ser ni buenos ni malos. Puede haber hambre, pero no depresión en el sentido en que este término se utiliza para referirse a los problemas de una economía de mercado.
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The Alleged Absence of Depressions under Totalitarianism

Business CyclesHistory of the Austrian School of EconomicsMonetary TheoryOther Schools of Thought

06/21/2019Mises Daily Articles
Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.
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La velocidad de circulación

Financial MarketsHistory of the Austrian School of EconomicsMonetary Theory

06/20/2019Mises Daily Articles
El aumento de la velocidad de circulación no es, en sí mismo, una de las causas del aumento de los precios de los productos básicos. Ni siquiera es un eslabón en la cadena de causalidad.
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The Velocity of Circulation

Financial MarketsHistory of the Austrian School of EconomicsMonetary Theory

06/20/2019Mises Daily Articles
Increased velocity of circulation is not, in itself, a contributing cause of higher commodity prices. It is not even a link in the chain of causation.
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