Production Theory

I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.

Often the dispersion of a fortune starts already in the lifetime of the businessman when his buoyancy, energy, and resourcefulness become weakened,

From Man, Economy, and State. Narrated by Jeff Riggenbach.

From Man, Economy, and State. Narrated by Jeff Riggenbach.

From Man, Economy, and State. Narrated by Jeff Riggenbach.

What is called economic progress is the effect of an accumulation of capital goods exceeding the increase in population, writes Ludwig von Mises (1

Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature, writes Murray N.

Higher food prices set off the revolutions in Tunisia and Egypt and the mass protests in countries like Algeria, Jordan, Yemen, Bahrain, and Iran.

The famous physiocratic tenet that only land is productive must be considered bizarre and absurd.

The 17th-century Dutch Protestant Hugo Grotius, deeply influenced by the late Spanish Scholastics, developed a theory of natural laws that he boldl