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The Origins of Money The Origins of Money

Carl Menger

Издател: Ludwig von Mises Institute

Written in the same year that he testified before the Currency Commission in Austria-Hungary, and published in English in 1892, Carl Menger explains that it is not government edicts that create money but instead the marketplace. Individuals decide what the most marketable good is for use as a medium of exchange. “Man himself is the beginning and

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Capital and Interest Capital and Interest

Eugen von Böhm-Bawerk

Издател: Ludwig von Mises Institute

The great economist and finance minister of the Austro-Hungarian Empire is a pillar of the Austrian School. As a champion of the new marginalist school, this great work brought him more fame than even Carl Menger had in his day. Here is the original English translation by Scottish economist William Smart, the one that had the largest impact on

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The Positive Theory of Capital The Positive Theory of Capital

Eugen von Böhm-Bawerk

Издател: Ludwig von Mises Institute

This is the second book in the series of Boehm-Bawerk translations by Scottish economist William Smart, originally published in 1891. It is, as the title suggests, the positive theory of capital. It begins with full front matter by Smart himself, and then we come to book one: The Nature and Conception of Capital. Six sections follow: Capital as

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Recent Literature on Interest Recent Literature on Interest

Eugen von Böhm-Bawerk

Издател: Ludwig von Mises Institute

This book by Eugen von Boehm-Bawerk is a supplement to his two great books, Capital and Interest and The Positive Theory of Capital. Here he takes on alternatives to the Austrian theory he had previously presented, and thereby clarifies the case. It is an excellent illustration of the economist's stunning patience and capacity for thorough

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Basic Principles of Economic Value Basic Principles of Economic Value

Eugen von Böhm-Bawerk

Издател: Libertarian Press

It's a thrilling event when a lost work by a genius comes into print for the first time. Here Eugen von Boehm-Bawerk--Mises's teacher and a huge figure in the history of thought--explains and argues for the subjective theory of value, the theory of marginal utility, and their relationship to price. His legendary patience and attention to detail is

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Control or Economic Law Control or Economic Law

Eugen von Böhm-Bawerk

Издател: Ludwig von Mises Institute

Eugen von Boehm-Bawerk was a giant of the Austrian School. Finally, here is an approachable book by him. His masterworks on interest and capital run up to 1000-plus pages. Everyone should read them, as Mises said, but of course it is a bit much to take on as your first approach to this great thinker. Until now, there haven't been any

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The Turgot Collection The Turgot Collection

Anne-Robert-Jacques Turgot, Baron de Laune

Издател: 534

This outstanding book was ten years in the making, but it is finally here and the result is startling. It is a pocket edition, super economical, 525 pages of Turgot – the bulk of his life’s work, all beautifully organized. He might have been the key influence on Jefferson but, in any case, he certainly was the great French liberal of the 18th

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The Pure Theory of Capital  The Pure Theory of Capital

Friedrich von Hayek

Издател: Ludwig von Mises Institute

The Pure Theory of Capital, F. A. Hayek’s long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to

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Capitalism and the Historians Capitalism and the Historians

Friedrich von Hayek

Издател: University Of Chicago Press

"THE industrial revolution was an affair of economics as well as of technology: it consisted of changes in the volume and distribution of resources, no less than in the methods by which these resources were directed to specific ends. The two movements were, indeed, closely connected. Without the inventions industry might have continued its

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Pictures of the Socialistic Future Pictures of the Socialistic Future

Eugen Richter

Издател: Ludwig von Mises Institute

In the mid-19th century, a new political movement arose: socialism. Germany was its epicenter. The German Karl Marx was its leading thinker, and the Social Democratic Party of Germany its leading organization. The socialists denounced capitalist inequality and argued that the obvious solution was government ownership of the means of

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