NEW: _Profits, Interest & Investments_ by F. A. Hayek (pdf)

Now on-line in PDF:  Friedrich Hayek’s Profits, Interest and Investments and Other Essays on The Theory of Industrial Fluctuations, originally published in 1939 by George Routledge & Sons (London), via the on-line book repository of the Mises Institute.

Besides the essay “Profits, Interest and Investments” the book also includes a number of other classic Hayek . . . → Read More: NEW: _Profits, Interest & Investments_ by F. A. Hayek (pdf)

audio: Roger Garrison on Capital Based Macro

Here’s Garrison’s “Mises U.” lecture from Monday, July 27 (mp3).  Watch the video with updated PowerPoint slides here, here, here, and here.  Garrison adds lots of topical commentary on the current boom and bust.  Great stuff.

Related –  a new working paper by Foss, Klein, Barney & Agarwal, “Heterogeneous Resources and the Financial Crisis: Implications . . . → Read More: audio: Roger Garrison on Capital Based Macro

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Random Quote

The limitations of knowledge with which [the economist is] concerned is not a limitation which science can overcome. — F. A. Hayek

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