Capital and Interest Theory

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Fake Women and Phony Interest Rates

Capital and Interest TheoryMoney and Banking

Blog02/15/2018
Today's central-bank induced low, low interest rates are making massive debt look much more attractive than it should.
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A New Collection on Austrian Economics

Calculation and KnowledgeCapital and Interest TheoryOther Schools of ThoughtProduction Theory

Blog01/01/2018
This collection provides an overview of several promising developments relating to core problems in Austrian economics.
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The Fed's Fantasy on Neutral Interest Rates

The FedCapital and Interest Theory

Blog12/11/2017
The Fed is trying to establish a level of interest rate that corresponds to the conditions of the free market. Unfortunately, this is impossible.
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Capital As a Form of Charity

Labor and WagesCapital and Interest Theory

Blog11/13/2017
Both fact and logic seem to support the view that savings invested in privately owned economic tools of production amount to an act of charity.
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Mainstream Economists Don’t Even Get Their Dimensions Right

Capital and Interest Theory

Blog11/03/2017
Economists often discuss capital and interest, assuming that “interest equals the marginal product of capital” when in fact that is simply wrong.
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Week in Review: July 15, 2017

EducationThe FedMedia and CultureSocialismCapital and Interest Theory

Blog07/14/2017
Janet Yellen headed to Congress this week to insist that everything is fine — and the Fed doesn't need any oversight.
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Capitalism Is About Working Less to Earn More

Labor and WagesCapital and Interest Theory

Blog05/31/2017
If working is the price we pay to obtain things we want, then economic progress means decreasing this price thanks to continued productivity growth.
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"Priming the Pump" Won't Create Real Wealth

Capital and Interest Theory

Blog05/22/2017
Many economists believe the economy can be "jump-started" with some monetary and fiscal stimulus. Unfortunately, this only creates bubbles.
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Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog03/30/2017
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.
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For Keynesians and Austrians, "Uncertainty" Means Two Different Things

Booms and BustsCapital and Interest Theory

Blog03/22/2017
After the 2008 crisis, many Keynesians found a new appreciation for uncertainty in economics. Unfortunately, they misunderstand how uncertainty works.
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