Juan Fernando Carpio

Latest work

Our Obsession with Consumption — while Ignoring Saving and Investment — Is a Big Problem

06/13/2018 Mises Wire Hans-Hermann Hoppe Juan Fernando Carpio

[ From an interview with Hans-Hermann Hoppe conducted by Juan Fernando Carpio.] Carpio: Why do economists in general not teach the role of saving for the economy? Hoppe: I agree with your assessment...

Gresham’s Law of Manners, or how socialism gives us a rude society

07/12/2011 Mises Wire Juan Fernando Carpio

Economics students all over the world learn Gresham’s Law in a severely distorted way. They are told that “bad money drives good money out of the market” as if that was a law of markets. It’s not. It...

IP = right to profits. Nothing more and nothing less.

01/03/2008 Mises Wire Juan Fernando Carpio

IP is the manifestation on creativity of an underlying Marxist theme: the labor theory of value. What if I discover/invent something but others market it first? What if they market it better? Am I not...

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.