The Free Market 32, no. 7 (July 2014)

According to mainstream economics textbooks, one of the primary functions of money is to measure the value of goods and services exchanged on the market. A typical statement of this view is given by Frederic Mishkin in his textbook on money and banking. “[M]oney ... is used to measure value in the economy,” he claims. “We measure the value of goods and services in terms of money, just as we measure weight in terms of pounds and distance in terms of miles.”

The Free Market 32, no. 8 (August 2014)

This article is a selection from “The Ethics of Entrepreneurship and Profit,” a lecture delivered by Prof. Hoppe at the University of Reading, England in June 2014.
 

The capitalist entrepreneur acts with a specific goal in mind: to attain a monetary profit. He saves or borrows saved money, he hires labor, and he buys or rents raw materials, capital goods, and land.

The Free Market 32, no. 3 (March 2014)

A Libertarian Critique of Intellectual Property
by Butler Shaffer
Mises Institute, 2014, 62 pgs.
 

The Free Market 32, no. 3 (March 014)

Author of The Capitalist and the Entrepreneur, Peter Klein has published numerous books and articles on entrepreneurship from an Austrian perspective. Dr. Klein was interviewed in late 2013 by eTalk’s Niaz Uddin on the topic of entrepreneurship:
 

Niaz Uddin: Tell us about entrepreneurship. What are the different contexts of entrepreneurship?

The Free Market 32, no. 2 (February 2014)

Benjamin Powell’s new book Out of Poverty: Sweatshops in the Global Economy was recently published by Cambridge University Press. Dr. Powell spoke with the Mises Institute about his new book.
 

Mises Institute: Describe for us what you mean by “sweatshop.”

The August jobs report is out and its not pretty. Instead of a faster pace of jobs growth the report was disappointing and past reports were revised downward. This is just the ammunition that Janet Yellen and the Fed need to possibly extend Quantitative Easing and their Zero Interest Rate Policy. The liberal Center for Economic and Policy Research that regularly comments on the jobs reports concludes:

In his Economic Thought Before Adam Smith, Rothbard identified Augustine of Hippo  as “the first Church Father to have a positive view of the merchant” noting that it was wrong to condemn a whole class of men for the sins of a few.

Robert Batemarco addresses the more flamboyantly wrong portions of John Tamny’s recent anti-Austrian Forbes article in  Tuesday’s Mises Daily.

New videos with Chinese subtitles, thanks to Xiong Yue: