Outlawing Jobs: The Minimum Wage

When we see that the most ardent advocates of the minimum wage law have been the AFL-CIO, and that the concrete effect of the minimum wage laws has been to cripple the low-wage competition of the marginal workers as against higher-wage workers with union seniority, the true motivation of the agitation for the minimum wage becomes apparent.

The Deflationary Spiral Bogey

February 14 • Robert Blumen

Why should a price having fallen indicate that it will continue to fall? Why should past trends continue indefinitely?

Judaism, Capitalism, and Communism

February 13 • David Gordon

A common view held that the Bolshevik Revolution was largely a Jewish enterprise.

Judaism, Capitalism, and Marx

February 12 • David Gordon

Theories that endeavor to connect Judaism and capitalism often, though not invariably, spring from distaste for one or both of the paired terms.

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David Gordon: Ronald Dworkin, R.I.P.
Ronald Dworkin, (1931-2013) who died yesterday, was widely regarded as America's leading legal philosopher. He was decidedly not a libertarian, but libertarians will find much of interest and value in his work. His defense of moral ob ... More »

Joseph Salerno: The Fed Is Blowing More Bubbles
As if any more evidence were needed (see my CB post earlier this week) that the Fed has succeeded, either through ignorance or design, in igniting new asset bubbles throughout the economy, the Federal Reserve Bank of Kansas City just released a surve ... More »

Mark Thornton: My Apology to Paul Krugman
From time to time I have been critical of Professor Paul Krugman, the Nobel Laurette from Princeton University and the New York Times. Recently I criticized his use of the babysitter model of the economy. However, Robert Blumen brought to my attentio ... More »

Peter G. Klein: Happy Birthday, Israel Kirzner
The eminent Austrian economist Israel M. Kirzner turns 83 today. Last week I was privileged to participate in an event honoring Kirzner with the Fund for the Study of Spontaneous Order Lifetime Achievement Award. Here is a video of Kirzner's acce ... More »

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Pursue the Cause of Liberty: A Farewell to Congress

by: Paul, Ron
$2.95

This is Ron Paul's "Farewell to Congress" delivered on November 14th, 2012. Yet this is not reminiscence of good times spent in the halls of power. Rather, in this booklet, you will fin... More »

Austrian School of Economics Photo Album

by: Ludwig von Mises Institute
$2.00

This beautiful monograph treats the Austrian School as a family of thought dating back to the Renaissance with a special emphasis on the school's formal founding with Menger and looking forward. I... More »

Place of Economics in Learning, The

by: Mises, Ludwig von
$2.00

We’ve put into print a single chapter from Human Action, “The Place of Economics in Learning.” We picked it because it provides an excellent overview of the Misesian worldview concerning economics... More »