7th Lecture -- Money, Interest, and the Business Cycle
7TH LECTURE
Money, Interest, and the Business CycleTHERE ARE TWO PURELY THEORETICAL PROBLEMS which have had serious influences and serious consequences that cannot be exaggerated.
8th Lecture -- Profit and Loss, Private Property, and the Achievements of Capitalism
8TH LECTURE
Profit and Loss, Private Property, and the Achievements of CapitalismIN DEALING WITH ALL MATTERS CONCERNING CAPITALISM, it is fundamental never to forget the difference between “capital goods” and “capital.” “Capital goods” are physical things. The concept of “capital” is purely a theoretical concept within the framework of a definite method of calculation and computation. The evolution of this concept of capital finally resulted in including in the accountant’s concept of capital, the auditor’s concept, and also those things that are not capital goods.
9th Lecture -- Foreign Investments and the Spirit of Capitalism
9TH LECTURE
Index
“Absence of planning” argument, 46
Accountants and bookkeepers, 53
Action directe, 29
Action française, 30
Action Nationale, 30
Acts, book of, 39
Africa, 31, 98, 99, 100
Agrarian reform, 48
Agriculturalists, 77
Alberta Experiment, 65
American Civil War, 59, 69
American McKinley gold dollar, 97
American Roosevelt dollars, 97
Amsterdam, 98
Angell, Sir Norman, 34
Anti-Dühring (Engels), 16
Argentina, expropriation of British-owned railroads, 95
Aristotle, 33, 51, 61
Foundation for Economic Education
Freedom’s Home Since 1946
The Foundation for Economic Education (FEE), the oldest free-market organization in the United States, was established in 1946 by Leonard E. Read to study and advance the freedom philosophy. FEE’s mission is to offer the most consistent case for the first principles of freedom: the sanctity of private property, individual liberty, the rule of law, the free market, and the moral superiority of individual choice and responsibility over coercion.
Memoirs
Title Page
LUDWIG VON MISES
TRANSLATED BY ARLENE OOST-ZINNER
Ludwig von Mises Institute
Copyright
Copyright © 2009 by the Ludwig von Mises Institute and published under the Creative Commons Attribution License 3.0. http://creativecommons.org/licenses/by/3.0.
For information write the Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832. Mises.org.
ISBN: 978-1-933550-26-8
Dedication
The Ludwig von Mises Institute dedicates
this volume to all of its generous donors
and wishes to thank these Patrons, in particular:
Mary and Bill Braum
Hugh E. Ledbetter
Todd Gibson
Frederick L. Maier
Preface by Jörg Guido Hülsmann
Ludwig von Mises is the author of dozens of books and hundreds of articles in which he made pioneering contributions to economics, history, the philosophy of science, and social philosophy. He had a direct personal influence on many outstanding social scientists such as F.A. Hayek, Fritz Machlup, Oskar Morgenstern, Gottfried von Haberler, Hans Sennholz, Murray Rothbard, George Reisman, Ralph Raico, Leonard Liggio, Israel Kirzner, Paul Cantor, and others who attended his seminars from the 1920s to the 1960s.
