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Tag Archive: Featured

Bund greift nach Kryptogewinnen: Droht das Ende der steuerfreien Haltefrist?

2026-05-11

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Nation-States and National Borders

2026-05-11

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2026-05-11

In this episode of Radio Rothbard, Ryan McMaken looks at Rothbard's essay "Nations by Consent: Decomposing the Nation State."

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Today’s AIs Show the Marginal Revolution’s Unfinished Business

2026-05-11

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2026-05-11

In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger.

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Is Human Action the Hidden Impact Crater of Modern Economics?

2026-05-11

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2026-05-11

Human Action sold thousands of copies, earned accolades from across the political spectrum, and made zero acknowledged impression on the economics profession. Or did it?

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Calculation and Environmental Policy: Lessons from Human Action

2026-05-11

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2026-05-11

A Libertarian Party presidential nominee said he was open to a carbon tax. Mises would have had a different suggestion, and Timothy Terrell explains what it was.

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Human Action: The Antidote to Progressivism

2026-05-11

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2026-05-11

There are only three possible economic systems: capitalism, socialism, and interventionism. Mises spent his career proving the third is the least understood and the most dangerous.

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Human Action and the Foundations of Economic Prosperity

2026-05-11

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2026-05-11

A labor economist at the University of Chicago devoted his career to Veblen's institutionalism. When he finally saw through the foundations, he told a friend: all my work has been bunk.

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Mises and Rothbard on Credit Contraction during a Downturn

2026-05-11

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2026-05-11

Should banks contract credit during a bust? Mises said yes. Rothbard disagreed. Patrick Newman traces a subtle but consequential rift between master and student.

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There’s Many a Slip ‘twixt Cup and Lip

2026-05-11

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2026-05-11

The engineer and the gambler both face uncertainty, but only one can control the forces involved. Jonathan Newman explores the gap between plan and outcome that drives all economic life.

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Dualism and Calculation: What Mises Taught Me about Economics and Capitalism

2026-05-11

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2026-05-11

Mises said the modern theory of value didn't just improve economics. It created an entirely new science: the general theory of human action.

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Property Rights and Entrepreneurial Judgment

2026-05-11

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2026-05-11

Armen Alchian opened a seminar by reading a paragraph on property. Only one person in the room recognized it from Mises's Human Action. It changed everything.

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The Challenge of Praxeological Realism

2026-05-11

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2026-05-11

Hülsmann opened Mises's 1912 Theory of Money and Credit expecting a historical curiosity. He found a work that surpassed everything published since.

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My Discovery of Human Action and of Mises as a Philosopher

2026-05-11

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2026-05-11

To spend his compulsory East German currency, Hoppe's only options were Marx, Engels, and Russian novels. Then he found his way to Mises through Friedman and Hayek.

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Human Action: Foundations for the Modern Austrian School

2026-05-11

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2026-05-11

By 1950, the Austrian School was nearly dead. Keynesianism had displaced its business cycle theory, and the profession declared Mises wrong on socialism. Human Action was the counterattack.

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Human Action, the Way Forward

2026-05-11

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2026-05-11

Mainstream economics starts with models and works backward to reality. Mises started with reality and worked forward to theory. Herbener explains why that distinction changes everything.

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Ludwig von Mises’s Epicurean Ethics

2026-05-11

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2026-05-11

Mises was a psychological hedonist, but not the kind you think. David Gordon untangles a philosophical position most Austrians have never examined closely.

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How Human Action Shaped My Teaching and Research Career

2026-05-11

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2026-05-11

DiLorenzo learned more about inflation and recession in 45 minutes of reading Mises than in two semesters of macroeconomics. That, he argues, is the Austrian School's greatest advantage: anyone can become their own economist.

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The Law of Association: Foundation of Human Society

2026-05-11

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2026-05-11

Ricardo's law of comparative advantage wasn't just about trade between nations. Mises saw something deeper: it's the reason human society exists at all.

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Preface to The Influence and Significance of Human Action After 75 Years

2026-05-11

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2026-05-11

Ludwig von Mises nearly titled his masterwork Social Cooperation. Salerno explains why that alternative title reveals more about the book's ambition than most readers realize.

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The Influence and Significance of Human Action After 75 Years

2026-05-11

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2026-05-11

Human Action is more than a book about economics broadly construed. It is a guide to civilized social life which elucidates the laws of reality that apply if human persons are to engage in peaceful and prosperous social cooperation under the division of labor.

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