35+ min ago  (1026+ words) With the Democratic Party establishment pulling the plug on Platner's campaign (even Sanders called for him to quit), Platner suspended his campaign to give the Democrats time to pick a new candidate. While there remains some drama to be had…...

1+ day, 1+ hour ago  (174+ words) How the Industrial Revolution and foreign investment made some nations rich while others stayed poor, closing with Mises's defense of capitalism'not because capitalists are good people, but because the market economy benefits mankind and safeguards freedom. Foreign Investments and the…...

1+ day, 1+ hour ago  (131+ words) The crucial difference between physical "capital goods" and "capital" as an accounting concept, and how profit and loss, private property, and economic calculation steer production toward what consumers actually want. Profit and Loss, Private Property, and the Achievements of Capitalism…...

1+ day, 1+ hour ago  (163+ words) The two great confusions about money and interest, from Aristotle's "money cannot beget money" to modern credit expansion, and how monetary manipulation by banks and governments produces inflation and the business cycle. Money, Interest, and the Business Cycle The two…...

1+ day, 2+ hour ago  (143+ words) Why Marxism spread so widely while going long unchallenged, how its slogans slipped into everyday speech, and the Marxian urge to "organize" society by treating individuals as raw material to be arranged. Marxism and the Manipulation of Man Why Marxism…...

1+ day, 2+ hour ago  (149+ words) The first economics lecture: how saving, capital goods, and investment build modern prosperity'illustrated by the fisherman who forgoes today's catch to make nets'and why capital must be guided by economic calculation. The Making of Modern Civilization: Savings, Investment, and Economic…...

1+ day, 2+ hour ago  (184+ words) How Marxism claims that truth itself is attainable only in a classless society, and how the cult of "action" and violence'by way of Georges Sorel and French syndicalism'fed into Leninism, fascism, and Nazi racial doctrine. Nationalism, Socialism, and Violent Revolution…...

1+ day, 3+ hour ago  (136+ words) The liberal ideal of the individual and rational, welfare-serving law, and a defense of the Industrial Revolution against the myth that early capitalism degraded the common man. Individualism and the Industrial Revolution The liberal ideal of the individual and rational,…...

1+ day, 3+ hour ago  (184+ words) Mises opens the philosophical half of the course by arguing that Marx's materialism'the claim that a person's economic class shapes his very ideas and logic'dominates modern thought, and he begins to dismantle it. Mind, Materialism, and the Fate of Man…...

1+ day, 3+ hour ago  (144+ words) Marx's doctrine of class and class conflict: the claim that class interests determine how people think and set the classes in irreconcilable conflict'with Mises noting that Marx never actually defined what a class is. Class Conflict and Revolutionary Socialism Marx's…...