The number one means of teaching free market economics, in the tradition of Ludwig von Mises, is the Mises University. This program that has made the difference in college educations for more than two decades.
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The roots of America’s governance problems are continually discussed, particularly on July 4.
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
Loan banking is non-inflationary. Interest rates on loans are merely reflective of price spreads. All speculation, on the free-market, is self-correcting and speeds adjustment, rather than cause economic trouble.
Barter – direct exchange- is inefficient because of the lack of a double coincidence of wants. Some third medium was sought to solve this. It is called money. Exchanges are not equal, they are win-win, with each party gaining more than he is giving or the exchange would not be made.
Naturally occurring monopolies do not last long. Competition emerges to upset them. The sovereignty of the individual defines the free market. The only monopolies that do persist are those maintained by government interventions.
All action takes time. Humans use time as a tool. Time preference ranking is now, not later, although time preferences will differ over time and for different people, like children who want things right now.
