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[Excerpted from chapter 7 of Theory and History . An audio version of this article, excerpted from the forthcoming audiobook version, read by John Pruden.   From the supposed irreconcilable conflict of class interests Marx deduces his doctrine of the ideological impregnation of thought. In a class society man is inherently unfit to conceive

[This article is excerpted from chapter 20 of Human Action: The Scholar’s Edition and is read by Jeff Riggenbach .]   “Unemployment in the unhampered market is always voluntary.” If a job seeker cannot obtain the position he prefers, he must look for another kind of job. If he cannot find an employer ready to pay him as much as he would like to

[Excerpted from chapter 7 of Theory and History . An audio version of this article, excerpted from the forthcoming audiobook version, read by John Pruden, is available as a free MP3 download .]   The materialism of Marx and Engels differs radically from the ideas of classical materialism. It depicts human thoughts, choices, and actions as

[In 1931, the International Rotary held its annual convention in Vienna, Austria. For the meeting, Rotary issued a tabloid. It contained information about Rotary’s agenda for that convention, its international activities, and articles by Rotary members in Vienna. One of these short articles was “by Rotarian Dr. Ludwig Mises, professor at the

[This article is excerpted from chapter 21 of Human Action: The Scholar’s Edition and is read by Jeff Riggenbach .]   What the employer buys on the labor market and what he gets in exchange for the wages paid is always a definite performance which he appraises according to its market price. The customs and usages prevailing on the various sectors

[Excerpted from chapter 8 of Theory and History . An audio version of this article, excerpted from the forthcoming audiobook version, read by John Pruden.   Before the 18th century, most dissertations dealing with human history in general (and not merely with concrete historical experience) interpreted history from the point of view of a definite

1. Methodological Dualism Mortal man does not know how the universe and all that it contains may appear to a superhuman intelligence. Perhaps such an exalted mind is in a position to elaborate a coherent and comprehensive monistic interpretation of all phenomena. Man — up to now, at least — has always gone lamentably amiss in his attempts to

[This article is excerpted from chapter 21 of Human Action, the Scholar’s Edition and is read by Jeff Riggenbach .] The life of primitive man was an unceasing struggle against the scantiness of the nature-given means for his sustenance. In this desperate effort to secure bare survival, many individuals and whole families, tribes, and races

The history of capitalism as it has operated in the last two hundred years in the realm of Western civilization is the record of a steady rise in the wage earners’ standard of living. The inherent mark of capitalism is that it is mass production for mass consumption directed by the most energetic and far-sighted individuals, unflaggingly aiming at

It is generally asserted that the history of modern industrialism and especially the history of the British “Industrial Revolution” provide an empirical verification of the “realistic” or “institutional” doctrine and utterly explode the “abstract” dogmatism of the economists. The economists flatly deny that labor unions and government prolabor