Sunday January 19, 2025

Minimum Wage

There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws. The minimum wage works the way

Competition and Monopoly

Government attempts to limit “monopoly power” cannot improve well-being. Download lecture slides at Mises.org/MU23_PPT_15. Recorded at the Mises Institute in

Measurement in Economics

Karl-Friedrich Israel discusses modern econometrics, utility and welfare economics, and econometrics as a set of descriptive tools. Download lecture slides

Austrian Capital Theory

Capital is the starting point of economic calculation. Download lecture slides at Mises.org/MU23_PPT_13. Recorded at the Mises Institute in Auburn, Alabama,

Calculation and Socialism

In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning. Download lecture slides at Mises.org/MU23_PPT_12.