The Entrepreneur

There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.

When one CEO set his company's minimum wage at $70,000, some denounced the move as “socialism.” But the real situation is more complex than that, and we should look at how CEOs can use wages to achieve a variety of personal goals.

Learn the fundamentals of the Austrian school.

Includes an introduction by Jeff Deist. Recorded via Skype at the Mises Institute in Auburn, Alabama, on 23 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.

Mixed martial arts competitions are legal in 49 states, but not in New York where an interest group keeps the sport illegal in an effort to punish a pair of businessmen.

Jonathan teaches some high school students on the subject of inflation.

Charity serves an important and indispensable function in society: not everyone can engage in enough productive work to meet the daily needs of his or her family. But entrepreneurs and businesses have to create wealth before it can be given away.

What if machines took most of our jobs? Things would become less expensive, and humans would become wealthier in real terms, just as has happened since the Industrial Revolution began. Fear of labor-saving technology continues unabated, nonetheless.