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The crucial difference between physical “capital goods” and “capital” as an accounting concept, and how profit and loss, private property,...

The two great confusions about money and interest, from Aristotle’s “money cannot beget money” to modern credit expansion, and how...

The first economics lecture: how saving, capital goods, and investment build modern prosperity—illustrated by the fisherman who forgoes today’s catch...

Why Marxism spread so widely while going long unchallenged, how its slogans slipped into everyday speech, and the Marxian urge...

How Marxism claims that truth itself is attainable only in a classless society, and how the cult of “action” and...

The liberal ideal of the individual and rational, welfare-serving law, and a defense of the Industrial Revolution against the myth...

Marx’s doctrine of class and class conflict: the claim that class interests determine how people think and set the classes...

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Mises opens the philosophical half of the course by arguing that Marx’s materialism—the claim that a person’s economic class shapes...

Richard M. Ebeling recalls the world of 1952, when socialism seemed ascendant everywhere, summarizes Marx’s system of historical materialism and...