Austrian Realists
The Misesian approach to economics does not rely on unrealistic formal models.
The Misesian approach to economics does not rely on unrealistic formal models.
This is the Postscript to Economic Calculation in the Socialist Commonwealth (pp. 51-71) by Ludwig von Mises.
From Economic Calculation In The Socialist Commonwealth. Pages 3-10 in the text, as narrated by Gennady Stolyarov II.
From Economic Calculation In The Socialist Commonwealth.
From Economic Calculation In The Socialist Commonwealth. Pages 10-26 in the text, as narrated by Gennady Stolyarov II.
From Economic Calculation In The Socialist Commonwealth.
From Economic Calculation In The Socialist Commonwealth.
Government and its henchmen are anxious to relegate into oblivion the fact that this rise is produced by an increase in the amount of money and money substitutes. They never mention this increase.
This audio essay is narrated by Gennady Stolyarov, II.
Capitalism is an economic system that allows people to make choices free from government intervention. Capitalism is just. Socialism is unjust. There is no "messy middle."