Category Archives: Economics

Mercantilism is Dumb

Posted on September 18, 2017 by Dr. J

I usually try to make Great Books Project posts on Mondays, but the hurricane delayed last week’s post until Wednesday, and I am in catch-up mode. In the meantime, it was easy for me to knock out this econ post. … Continue reading →

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Profit, Loss, and Entrepreneurship

Posted on September 12, 2017 by Dr. J

Week 9 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture and three book chapters dealing with profit, loss, and entrepreneurship. “Profit, Loss, and Entrepreneurship” by Joseph Salerno: Salerno says that all action is entrepreneurship … Continue reading →

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More Tributes to Mises

Posted on September 6, 2017 by Dr. J

The introductory unit of George Reisman’s study program includes about 60 pages of reading from the appendices to the 4th edition of Ludwig von Mises’s Planning for Freedom. I covered the first part of the section, Murray Rothbard’s essay “The Essential … Continue reading →

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The Essential Von Mises

Posted on August 22, 2017 by Dr. J

The introductory unit of George Reisman’s study program includes about 60 pages of reading from the appendices to the 4th edition of Ludwig von Mises’s Planning for Freedom. Roughly the first 40 pages of this material is Murray Rothbard’s 1973 essay … Continue reading →

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Capital

Posted on August 16, 2017 by Dr. J

Week 8 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture and one book chapter dealing with capital. “Capital” by Bob Murphy: Following Rothbard, Murphy defines capital as “reproducible means of production.” He says that … Continue reading →

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Truth Persists and Works, Even if Nobody Is Left to Utter It

Posted on August 10, 2017 by Dr. J

Human thinking and reasoning, human science and technology are the product of a social process insofar as the individual thinker faces both the achievements and the errors of his predecessors and enters into a virtual discussion with them either in … Continue reading →

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Shawn Ritenour on the Tom Woods Show

Posted on February 26, 2014 by Dr. J

I’m happy to say that I got to listen to two of my favorite intellectuals (and friends) in my podcast feed yesterday. Shawn Ritenour, the author of Foundations of Economics, a book I have discussed extensively on this site, was the guest … Continue reading →

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“Procapitalist” and “Pseudocapitalist” Economic Thought

Posted on October 8, 2013 by Dr. J

George Reisman, Capitalism, Introduction: In my Reading Economics Project, I’ve completed the series of posts on Shawn Ritenour’s Principles of Economics and made fair progress on the Ludwig von Mises Institute’s Home Study Course. However, this is my very first … Continue reading →

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Time Preference and Interest

Posted on April 3, 2013 by Dr. J

Week 7 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture and three book chapters dealing with time preference and interest. “Time Preference and Interest” by Jeffrey Herbener: This lecture has a good summary of Ludwig … Continue reading →

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New Page in the Reading Economics Project

Posted on March 31, 2013 by Dr. J

The long-awaited (or at least long-delayed) page listing the works in the Reading Economics Project is now live on the site. It is still incomplete, but it had been on the drawing board long enough (I made the initial draft … Continue reading →

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