Displaying 31 - 40 of 723
The EntrepreneurCalculation and KnowledgePolitical TheoryValue and Exchange
Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.
Money and BanksMoney and BankingValue and Exchange
As another step toward greater use of negative interest rates, the abolition of cash will only lead to the destruction of wealth.
SubjectivismValue and Exchange
The value of objects can change without any physical change to the object at all. I need only tell you that some junk you see is really art.
EducationInterventionismValue and Exchange
The NCAA is a powerful taxpayer-subsidized cartel that largely exists to deny the athletes the compensation they would earn in a working marketplace.
Global EconomyTaxes and SpendingPolitical TheoryValue and Exchange
When it comes to trade, the best US policy, or that of any country, is the elimination of all barriers to imports.
U.S. EconomyValue and Exchange
Economists generally do not like high transactions costs. But they can be good when imposed on governments.
Free MarketsInterventionismValue and Exchange
The government wants to arrogate to itself the power, which, in an economy, is in the hands of the consumers.
The EntrepreneurInterventionismPolitical TheoryValue and Exchange
The view seems to be that if a higher minimum wage is mandated that employers will continue to make all of the same hiring decisions. Not true.
Taxes and SpendingCalculation and KnowledgeMonetary TheoryValue and Exchange
Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.
Philosophy and MethodologySubjectivismValue and Exchange
Mises maintained that humans act out of self interest. But that doesn't mean others can't benefit from those actions, regardless of intent.