Tag Archives: Austrian economics

The Essential Von Mises

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

Posted in Books, Economics | Tagged , , , | 1 Comment

Capital

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

Posted in Books, Economics | Tagged , , , , | Leave a comment

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

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

Posted in Books, Economics | Tagged , , | Leave a comment

“Procapitalist” and “Pseudocapitalist” Economic Thought

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

Posted in Books, Economics | Tagged , , , , , , | 3 Comments

Time Preference and Interest

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

Posted in Economics | Tagged , , , , , , , , , , | 1 Comment

How One Modern Economist Is Like St. Thomas Aquinas

No, it’s not by making dry and boring arguments, before anyone makes a smart-aleck comment. One of the most admirable things about St. Thomas Aquinas’s method of argumentation in the Summa Theologica is his insistence on giving his opponents their best … Continue reading

Posted in Books, Current Events, Economics, Liberal Arts | Tagged , , , | 5 Comments

Value, Utility, and Price

I just checked my archives and found that my last post in the Reading Economics Project was more than six months ago! Let’s fix that, shall we? Week 6 of the Mises Institute’s Home Study Course in Austrian Economics includes … Continue reading

Posted in Economics | Tagged , , , , | 4 Comments

Praxeology

Week 5 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture, four book chapters, and two long essays all dealing with the methodological foundations of Austrian economics. “The Austrian Method: Praxeology” by Hans-Hermann Hoppe: This … Continue reading

Posted in Economics | Tagged , , , , | 5 Comments

F. A. Hayek: Austrian Economist and Social Theorist

Beware the Ides of March! OK, now that I’ve gotten that out of the way . . . Week 4 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture and a corresponding book chapter on … Continue reading

Posted in Economics | Tagged , , , , , | 2 Comments

Ludwig von Mises

I’m spending the day at the Austrian Scholars Conference, which is hosted by the Ludwig von Mises Institute, so it seems appropriate that I’m covering Week 3 of the Mises Institute’s Home Study Course in Austrian Economics, which has Ludwig … Continue reading

Posted in Books, Economics | Tagged , , , | Leave a comment