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A socialist management would be like a man forced to spend his life blindfolded.

Modern portfolio theory, while popular with many economists, runs into serious problems when examined through the lens of Austrian economics

The timing is right for pursuing Austrian themes and further leveraging Austrian theory in entrepreneurship, and extending and elaborating on Austrian entrepreneurship theory.

A hundred years ago, the crisis of the war was forging a new world organized around war itself.

Taussig’s Introduction This book, written in 1892–1895 and published in 1896, has long been out of print. The London School of Economics (University of London) now honors me by undertaking a reprint in its series of scarce books and monographs...

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.

The term hermeneutics in this piece refers to the study of interpretation—of texts first of all and by extension of human action.

Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.