This concept of economic calculation is really the foundation of all economic theory, and price theory is...
Day: July 25, 2022
Praxeology is the method of economics. Download the slides from this lecture at Mises.org/MU22_PPT_03. Recorded at the...
“The free market and the division of labor does not promote hyper-atomized individuals. It creates social harmony...
In 1495, on the death of Gianneto Berardi, who had contracted to fit out twelve ships, Amerigo...
What is libertarian law and how does it function? Ludwig von Mises answered some of those questions...
Most economists and economic commentators believe that inflation is defined as general increases in prices of goods...
Even though the Cold War ended three decades ago, the threat of nuclear war still hangs over...
Menger discovered much more than the principle of marginal utility—he created an entire system of economics based...