The Entrepreneur

Rothbard shockingly argues that technological invention is relatively unimportant in the progress of civilization. Instead, capital is the far more important, and limiting, factor.

Presented as part of the Mises Institute’s Brown Bag Seminar series on May 26, 2005 in Auburn, Alabama.

Recorded at the 2005 Austrian Scholars Conference, Mises Institute, Auburn, Alabama.

Robert Murphy concedes that it is theoretically possible that an expanded global marketplace could make one country less wealthy on net. However, there are other considerations.

Recorded at Mises University 2004.

Neoclassical economists often make matters more complicated than necessary; but, fortunately, the best of them manage to stumble close

If socialists of old resented Pravda for giving them a bad name, writes Lew Rockwell, free enterprisers ought to feel the same about the Wall Street Journal's editorial page.

It is conventional to credit medicines and hospitals for long lives, writes Jeffrey Tucker, but we should also give due regard to such conventional consumer products such as shoes that make life past the age of 40 worth living at all.

The next element in human development is that of money and the growth of cities and trade. Why is there division of labor and why is there money? Hoppe covers why people do not remain in self-sufficient isolation even when they could and even if everybody hated everybody else. As long as every person wants to have more rather than less, division of labor occurs.

Some eagle-eyed reporters have been snooping around for the cause of Wal-Mart's successes, reports Art Carden, and discovered consumer service.