Prices

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Michael Njoku

One of the fallacies of modern academic neoclassical economics is that we can take cardinal measures of value. Austrian economists, beginning with Carl Menger, know better.

Claudio Restani

The Austrian School of economics traces its roots to the School of Salamanca in medieval times. The scholastics of Salamanca, in turn, were influenced by the canon jurists from the University of Bologna, demonstrating the rich and historic roots of Austrian economics.

Frank Shostak

Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.