Ownership of the Product by Capitalists
Popular literature attributes enormous "power" to the capitalist. However, this is far from the case.
Production Theory
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The Original, Unpublished Chapter 5 from Man, Economy and State
This present work is the unpublished original chapter five of Murray N. Rothbard's Man, Economy, and State.
Rick Perry — and His Critics — Still Don’t Understand Say’s Law
How do you do away with a “Law” that had been core to economists’ understanding of the market economy for 150 years? You misrepresent it.
Frank A. Fetter, Chapter 19: Cost-Prices, Product-Prices, and Profits
Chapter 19: "Costs, Prices, and Profits" from Frank A. Fetter's Economic Principles and Problems.
Bill Gates’s Robot Tax Is a Terrible Idea
Contrary to what Bill Gates thinks, robots don't decrease tax revenue, nor do they condemn us to a future of unemployment.
A Comparison of Direct Investment of Savings and Cash Building of Savings: A Response to Alexandru Pătruți
Individuals save and invest directly, or save to add to their cash holdings. Are there differences?
An Analysis on the Relationship between Hoarding, Investment and Economic Growth
I argue that hoarding implies a longer period of time between when resources are saved and when new consumer goods reach the market (economic growth).
The Mises View: “Basket Case”
As Peter Klein explains, resources in a modern economy are complex and specific — which is why we need free markets.
The Myth of Efficiency
The word "efficiency" in modern economics and politics has been abused to the point of having no useful meaning.
