Production Theory

Peter G. Klein responds to a recent NPR story by Uri Berliner entitled “Coffee Futures: The Highs And Lows Of A Cup Of Joe”. Dr.

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. 

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

In this course, Robert Murphy, author of the study guide to Murray Rothbard's masterpiece, 'Man, Economy, and State', will guide you through the chapters in which the market economy can finally be seen as an integrated system.

Featuring Thomas DiLorenzo, Doug French, Bob Higgs, Yuri Maltsev and Bob Murphy at the Mises Circle in Indianapolis: “Agricultural Subsidies:

Interviewed by Freedom Works host Paul Molloy, Mark Thornton discusses how sports stadiums are largely funded by the taxpayer.

Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls

An economy cannot be successfully planned with computers and technicians. Mises and Hayek proved this decades ago, writes Nicolás Cachanosky.

The aim of this paper is twofold: to reformulate the concept of contestable markets in the context of property boundaries and to recapitulate the characteristics of “sunk costs.” 

This paper defends the Rothbardian theory which states that the proportion of consumption spending relative to investment spending is systematically related to the interest rate through time preference in society,