Are We a Self-Hating Commercial Society?
In a few short hours, I was assaulted ten times with the demand that I display social consciousness.
Production Theory
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Giovanni Botero: The First Malthusian
"There is of course no point whatever in trying to formulate independent 'laws' for the behavior of two interdependent quantities.
The West’s Available Capital Goods
Economics is about human choice and action. The praxeological concept of time is not the concept of physics or biology.
Salmasius: High-Water Mark of Early-Modern Interest Theory
Salmasius pointed out that moneylending was a business like any other, and thereby entitled to charge a market price.
This Bread Is Mine
But if a little time is spent on this formula of the five costs of production, it is simple to establish that there is no such thing as "surplus value," and that the "labor theory of value" is an oversimplification.
7. Pricing of the Factors of Production
Presented by Rothbard at New York Polytechnic University in 1972.
11. The Structure of Production
As factors of production, supply and demand of labor, land and capital will determine how much the producer will get out of this process. This process occurs in different stages.
