Miseducation
Gene Epstein explains what's wrong with today's most popular economics texts.
Production Theory
Displaying 681 - 690 of 753
Liberty and Labor
Let us just say we abolish all federal labor law. What happens then?
Wage Earners and Employers
"Are the interests of the American wage earners in conflict with those of their employers, or are the two in agreement?" The affluence of the rich in a capitalistic economy is not at the expense of the poor. Profits are plowed back into enterprise, benefiting the common man.
1.4. Personnel Management Under an Unhampered Labor Market
The price of labor is a market phenomenon determined by the consumers' demands for goods and services.
1.1. The Operation of the Market Mechanism
The capitalists, the enterprisers, and the farmers are instrumental in the conduct of economic affairs, but the captain is the consumer.
4.2. Interference with the Height of Profit
The virtue of the profit system is that it puts on improvements a premium high enough to act as an incentive to take high risks.
7.2. Economics Versus Planning and Totalitarianism
The main issues of present-day politics are purely economic and cannot be understood without a grasp of economic theory.
5.2. Bureaucratic Complacency
It was a purposeful confusion on the part of the German metaphysicians of statolatry that they clothed all men in the government service with the gloriole of altruistic self-sacrifice.
