A proper understanding of an intellectual structure of production will allow us to understand the connection—or lack of connection—between expertise and public opinion.

Prof. Jesús Huerta de Soto’s Ludwig von Mises Memorial Lecture given at the Austrian Economics Research Conference at the Mises Institute in March 2026.

Catherine Pakaluk’s Henry Hazlitt Memorial Lecture at the 2026 Austrian Economics Research Conference analogizes fiat money and “fiat sex”—the technological severance of sexual exchange from its natural productive end.

In this Murray Rothbard Memorial Lecture, Joseph Salerno discusses some important but neglected aspects and implications of Rothbard’s theory of interventionism.

Paul Cwik argues that there can be no such thing as a positive technological shock, because research and development requires savings, entrepreneurial insight, and risk-taking.

Mises held that essences reside in the logical structure of rational choice itself. Hayek, in contrast, rejected the idea that economic phenomena possess fixed essences accessible by logical derivation.

Does monetary equilibrium in the market-clearing sense always hold? The authors contend that Rothbard committed the errors he sought to correct in his explanation of the money relation.

Who laid the intellectual foundations of American political economy in the early Republic—the Jeffersonians or the Hamiltonians? Brae Sadler argues that American economic thought developed primarily along Jeffersonian lines.

Hayek’s spontaneous order presupposes a set of rules which are maintained in a legal framework. These rules cannot be freely designed to serve predetermined ends or “correct” market outcomes.

State interventions such as minimum wage laws and broader restrictions on economic freedom distort entrepreneurial calculation by altering price signals, labor costs, and incentives guiding resource allocation.