Calculation and Knowledge

Displaying 161 - 170 of 687
Joseph T. Salerno
The market and its configuration at any moment in time is to be explained by the human values and choices which give rise to these exchanges.
Joseph T. Salerno
The very concept of an isolated human being is a fiction, a useful mental construct for social theory, but impossible of realization in history.
Robert P. Murphy
When sellers can price goods freely, we are all better able to plan and conserve for future use of essential goods.
Dale Steinreich
Government agencies have helped to encourage urban and suburban development in flood plains and other disaster-prone areas.
Peter G. Klein

Even with a former CEO in charge, no government agency can be run like a business. Trump's business experience gives him little advantage Washington.

Andrew Syrios
Modern mathematical models in economics are about as useful as star mapping for predicting the future.
Murray N. Rothbard
In a free market, businesses have little need of economy-wide statistics. They are, however, desperately needed for any sort of government planning.
Jonathan Newman

There will always be jobs because there will always be scarcity. Human wants are unlimited, yet the resources are limited — even with robots.

Sascha Klocke
The Svalbard Global Seed Vault shows how listening to the local experts outside the central bureaucracy is an essential part of economic planning.