Capital and Interest Theory

Research is not just the way we add to the body of knowledge left by previous generations, but is also an effective means of engaging and challenging the ideas of mainstream economics.

Knowing that money or gold cannot be used to provide a fixed measure of value, David Ricardo turned to the value of labor instead. But his labor theory of value has led to many errors including Marxism, land taxes, and much more.

Interviewed by Emil Franzi and Bruce Ash on AM 1030 KVOI in Tuscon, Mark Thornton offers an Austrian perspective on several issues such as Obamacar

Thorsten Polleit wrote the

For the last decade (or more), Canadians have been ebullient about their home-grown housing boom.

Orders in capital goods have been going up since 2009. Normally, capital goods purchases suggest economic growth, but if the orders are a result of easy money, the purchases point not to wealth creation, but to a bubble. 

Dan Sanchez examines Irwin Schiff's timeless comic book on how savings, innovation, and risk are the building blocks of productivity, progress, and wealth.

This lecture by Walter Block was presented at the 2012 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton.

The occasional eruptions of anti-war positions from conservatives and progressives are more a function of what political party controls the White House than of any principled ideological stance. Don't expect sustained opposition to war to come from either side.

This lecture by Roger Garrison was presented at the 2012 Mises University in Auburn, Alabama. Includes an introduction my Mark Thornton.