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for it.Suggested ReadingsMises, Ludwig von. Human Action: A Treatise on Economics, pp. 257-289 and pp. 327-397.Rothbard, Murray N. Man, Economy, and State: A Treatise on Economic Principles. New York: Van Nostrand, 1962, pp. 160-272.

reneurs who continue to involve themselves in profit making even in their old age are undoubtedly motivated in many cases by something besides money. People often consider factors in addition to wages in deciding on a career or particular job …

Volume 3, No. 2 (Summer 2000) The problem of cost is the cornerstone of economic calculation. Entrepreneurs act upon the cost implications of their decisions and depend on cost data that represent the actual pattern of resource consumption. These …

Volume 22, Number 4 (Winter 2002) Thomas C. Taylor is interviewed about the accounting profession, free markets, and Government intervention.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.