Capital and Interest Theory

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Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog9 hours ago
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.

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For Keynesians and Austrians, "Uncertainty" Means Two Different Things

Booms and BustsCapital and Interest Theory

After the 2008 crisis, many Keynesians found a new appreciation for uncertainty in economics. Unfortunately, they misunderstand how uncertainty works.

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How the Fed Operates — And Why It's a Problem

The FedMoney and BanksCapital and Interest TheoryMoney and Banking

Blog03/14/2017
Central bankers often claim their tinkering with the money supply is but a small intervention, but in reality, it sets the boom-bust cycle in motion.

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Bill Gates's Robot Tax Is a Terrible Idea

Capital and Interest TheoryProduction Theory

Blog03/07/2017
Contrary to what Bill Gates thinks, robots don't decrease tax revenue, nor do they condemn us to a future of unemployment.

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Chinese Translation of The Pure Time-Preference Theory of Interest

Capital and Interest Theory

Blog11/16/2016

This new translation is the most recent addition to the growing library of Austrian works being translated and made available in China.

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Venezuela Shows There's No Shortcut to Economic Growth

Capital and Interest TheoryProduction Theory

Blog06/06/2016

Economic growth is about transforming capital in useful ways. It is not about just making more stuff.

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How Capitalism Improves the Welfare of All

Free MarketsCapital and Interest TheoryPrivate Property

Blog05/25/2016

Antiliberal policy is a policy of capital consumption. It recommends that the present be more abundantly provided for at the expense of the future.

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We Need to Talk about Frank (Fetter)

Capital and Interest TheoryEntrepreneurshipHistory of the Austrian School of Economics

Blog03/11/2016

Fetter's neglected work is the source of some of the greatest insights in Austrian economics, and deeply influenced Mises, Rothbard, and others.

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Dark Clouds over Auburn

Booms and BustsThe FedBusiness CyclesCapital and Interest TheoryMoney and Banking

Blog02/15/2016

I have lived in Auburn, Alabama, for more than three decades and have never seen a Super Sized Construction Crane. Last week, two were erected in the middle of town.

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