Prices

Displaying 251 - 260 of 530
Murray N. Rothbard

From the first, the Massachusetts oligarchy imposed maximum-wage controls, thereby aggravating a shortage of labor. Slavery filled the gap.

Dan Sanchez
In any given market, there are four people whose valuations put them in a special position.
Leonard E. Read
Only if one understands the subjective theory of value may he proceed logically to a belief in private ownership and control of property.
Robert P. Murphy

Austrian economists have long recognized that the economy is far more complex than simple models capture.

Douglas French

Whether it's diamonds and water or hardbacks and e-books, the only cogent explanation for prices comes from the Austrians, not the classical economists.

Robert P. Murphy

Capital, interest, and entrepreneurship all come together in the Austrian explanation of the market price of land.