The Ultimate Source of Profit and Loss on the Market
For hundreds of years, politicians (like a certain current US president) have pushed the idea that one man’s profit is another man’s lo
For hundreds of years, politicians (like a certain current US president) have pushed the idea that one man’s profit is another man’s lo
We may either incorporate ourselves into market civilization, the system by which we may serve ourselves as ends by serving other people as means, or return to the idyllic and isolated "noble" savagery that long characterized our human past.
Tourist Joe can complain about rising prices in the event of a papal death, but he should recognize their role in minimizing problems resulting from scarcity.
"An improving economy neither consists of an increasing GDP nor does it cause the overall stock market to rise."
Marx and Engels failed to see that tools and machines are themselves products of the operation of the human mind.
In her claimed "ten years of study," all Annie Leonard learned how to do was be an environmental alarmist, political hack, and liar. How sad.
"Huebert succinctly and accurately explains that applying libertarian principles to foreign affairs leads to a policy of peace and nonintervention."
Alleged deficiencies could be removed by a reform of the laws concerning liability for damages inflicted and by rescinding the institutional barriers preventing the full operation of private ownership.
Give away what isn't scarce, and make what is scarce — live performance — truly scarce and unique. Sell service and upgrades, and always foster loyalty.
Hoppe has lifted the American libertarian movement out of decades of sterile debate and deadlock, and provided us a route for future development of the libertarian discipline.