Mises Search

The Free Market 24, no. 10 (November 2006)   Entrepreneurs are in a danger zone when their activities are incomprehensible to the general public. People begin to regard unexplained profits as suspicious, and the entrepreneur encounters public hostility. Entrepreneurs who assemble physical objects may find their activities transparent enough to

Volume 15, no. 3 of the Quarterly Journal of Austrian Economics was made available online last week. Articles are: William N. Butos, “Monetary Orders and Institutions: A Hayekian Perspective,” Jan Pruša and Pavel Ryska, “Efficiency Wages and Involuntary Unemployment Revisited,” Kenneth A. Zahringer, “Monetary Disequilibrium Theory and Business

Volume 15, no. 1 of the Quarterly Journal of Austrian Economics was made available online this week. Articles are: Joseph T. Salerno, “A Reformulation of Austrian Business Cycle Theory in Light of the Financial Crisis,” Adrian Ravier and Peter Lewin, “The Subprime Crisis,” Mihai Vladimir Topan, “A Note on Rothbardian Decision-Making Rents,” George

Today the Wall Street Journal published (p. A18 or online ) an article by David R. Henderson on Phelps’s Nobel Prize award. Henderson notes that Phelps himself credited Milton Friedman and Ludwig von Mises. But though Mises’s 1911 Theory of Money and Credit is deserving of attention, “Mr. Phelps gets the credit because—this is not his

The BBC website reports here that the U.S. Joint Economic Committee is looking at the trade taking place in interactive computer gaming societies like Second Life or Eve Online. Apparently the economies in these societies can be fairly sophisticated , the sum “GDP” rivaling small countries like Namibia, and they are becoming large enough to

Me and my friend, Herb, were having a few yeasty libations the other night at the malt shop. As we drained our last mug, here comes the waitress bearing down on our table with that small, but ominous piece of paper that must be indented with a viable credit card. Herb looked at me with zero-round eyes, the same shape as his bank account. “Uh,

The Wall Street Journal reported yesterday (Monday, Nov. 13, front page) on a doctor’s frustrations with a company that refuses to sell in the U.S. what he believes is a very effective treatment for infants with short bowel syndrome. The treatment is a new formula called Omegaven, based on fish oil, which does not appear to have the negative

The Free Market 18, no. 10 (October 2000)   On the Internet, a war between government-backed trademark holders and small web entrepreneurs is heating up. Thanks to the current managers of the Internet and a little-known agency of the United Nations, the trademark holders are winning.  This past July, Tarek Ahmed of Brooklyn, New York, found

The Free Market 18, no. 12 (December 2000)   Many of us have had close calls or experienced rude behavior from distracted drivers with handheld cellular phones pressed to their ears. Some can tell hair-raising stories, and a small number of fatal auto accidents are said to be attributable to cell phone use. But to the policy elite, it is not

The Free Market 19, no. 3 (March 2001)   Due to the weakening economy, the red-hot job market appears to be at an end. Employers are already handing out pink slips, giving rise to complaints about the “injustices” of the market system, particularly among younger workers whose careers have been furthered by an unusually long economic boom.  Few