One of the most commonly derided constructions of classical economic theory is “Crusoe Economics,” the analysis of an isolated man face-to-face with nature. And yet, this seemingly “unrealistic” model, as I have tried to demonstrate elsewhere, has highly important and even indispensable uses. It serves to isolate man as against nature, thus
As in the case of blackmail , bribery has received a uniformly bad press, and it is generally assumed that bribery should be outlawed. But is this necessarily true? Let us examine a typical bribe contract. Suppose that Black wants to sell materials to the XYZ Company. In order to gain the sale, he pays a bribe to Green, the purchasing agent of the
Abolition of the public sector means, of course, that all pieces of land, all land areas, including streets and roads, would be owned privately, by individuals, corporations, cooperatives, or any other voluntary groupings of individuals and capital. The fact that all streets and land areas would be private would by itself solve many of the
Al igual que en el caso del chantaje , el soborno ha tenido una mala prensa uniforme, y generalmente se asume que el soborno debería estar prohibido. Pero, ¿es esto necesariamente cierto? Examinemos un contrato de soborno típico. Supongamos que Black quiere vender materiales a la empresa XYZ. Para conseguir la venta, paga un soborno a Green, el
La abolición del sector público significa, por supuesto, que todos los terrenos, todas las zonas terrestres, incluidas las calles y carreteras, serían de propiedad privada, de individuos, corporaciones, cooperativas o cualquier otra agrupación voluntaria de individuos y capital. El hecho de que todas las calles y áreas de tierra fueran privadas
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.