1. J.B. Say: The French Tradition in Smithian Clothing (continued)
From An Austrian Perspective on the History of Economic Thought, Volume II. Narrated by Jeff Riggenbach.
From An Austrian Perspective on the History of Economic Thought, Volume II. Narrated by Jeff Riggenbach.
From An Austrian Perspective on the History of Economic Thought, Volume II. Narrated by Jeff Riggenbach.
From An Austrian Perspective on the History of Economic Thought, Volume II. Narrated by Jeff Riggenbach.
We must revisit and strengthen these arguments if we are to choose capitalism and freedom over socialism and serfdom.
From Theory and History, Part Two, “Determination and Materialism”. Narrated by John Pruden.
From Theory and History, Part Two, “Determination and Materialism”. Narrated by John Pruden.
One doesn't have to read far into the works of George Orwell to discover that he had no understanding of economics whatsoever and was not personally a libertarian in the sense we have in mind when we use that word today.
"Congress and big oil companies colluded to reward risky behavior and lost their bet."
The economist who knows no history understands far less than his opposite number in the historical profession; but his claims are far greater. Therefore, he is much wider off the mark.
"Oil was supposed to disappear by 1900. But the automatic conserving and incentive workings of the price system have repeatedly given the lie to these absurd projections."