George Reisman is economics professor emeritus at Pepperdine University. He is one of the few people to get his PhD under Mises. After sharing anecdotes about Mises and Rand, he discusses his contributions to economic theory. In particular, Reisman argues that profits, not wages, are the original form of income. Mentioned in the Episode and Other
Ancient Rome, Greece, Babylon, Egypt, India, China, and Africa too, all had slavery. None of them created the Industrial Revolution. Great Britain and the United States did create the Industrial Revolution, on a foundation of economic freedom and respect for individual rights. The great blemish of slavery played no greater positive role in the
El colapso del socialismo-comunismo no sólo ha dado lugar al notable crecimiento del ambientalismo, como salida de reemplazo de la hostilidad al capitalismo, sino también a un cierto crecimiento, mucho menos considerable por supuesto, en los remanentes del antiguo movimiento anarquista, que ahora se llama a veces «libertario» o «izquierda
La antigua Roma, Grecia, Babilonia, Egipto, India, China, y también África, todos tenían la esclavitud. Ninguno de ellos creó la Revolución Industrial. Gran Bretaña y los Estados Unidos crearon la Revolución Industrial, sobre la base de la libertad económica y el respeto de los derechos individuales. La gran mancha de la esclavitud no tuvo mayor
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.