Austrian Economics Overview

Displaying 1401 - 1410 of 2005
Art Carden

First, Mises Institute offers a wealth of scholarly resources. Second, it offers cogent, insightful commentary through its Daily Articles and the Mises Economics Blog.

Robert P. Murphy

The market economy is a social system where individuals specialize in their occupations and the means of production (natural resources, tools, etc.) are privately owned. Although everyone acts to serve his own interests, in a market economy this is achieved by aiming to satisfy the desires of other people.