Tag Archives: Austrian economics

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

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“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

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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

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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

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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

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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

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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

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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

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Menger and the Founders

Week 2 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture and readings from three books. “The Marginalist Revolution” by Joseph Salerno: This lecture from the 2001 Mises University explains the discovery of the law … Continue reading

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What Is Austrian Economics?

Week 1 of the Mises Institute’s Home Study Course in Austrian Economics includes one audio lecture and brief readings from three books. I had already listened to or read all of this material in the past, so it was relatively … Continue reading

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