Monopoly Prices (Prices, Part 2)
On a competitive market there is no such thing as a price policy of the sellers. They have no alternative other than to sell as much as they can at the highest price offered to them.
Philosophy and Methodology
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Soft Despotism, Democracy’s Drift: Montesquieu, Rousseau, Tocqueville, and the Modern Prospect, by Paul A. Rahe
Paul Rahe's outstanding book can be considered an extended commentary on a famous passage in Tocqueville's Democracy in America:
IX. The Role of Ideas
Reason is man's particular and characteristic feature. "The Role of Ideas," Chapter IX of Human Action by Ludwig von Mises.
What Changes and What Does Not
The reversion in this century to ever-greater statism threatens to plunge us back to the barbarism of the ancient past.
Killing in War
Unjust combatants who feared punishment at the end of the war might be more reluctant to surrender, preferring to continue to fight with a low probability of victory than to surrender with a high probability of being punished.
