Value and Exchange
Why We Need Profits
Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.
Was Mises a Cynic?
Mises maintained that humans act out of self interest. But that doesn't mean others can't benefit from those actions, regardless of intent.
Gun-Control Advocates — Check Your Privilege
If you can afford to live in a nice neighborhood with a responsive police force, the cost to you of gun control is much lower than for others.
Toward a Subjective Approach to Investment Appraisal in Light of Austrian Value Theory
This paper explores the implications of Mises’s theory of economic calculation for asset acquisitions and disposals, especially the acquisition and disposal of entire business enterprises.
Equality: Childless Woman Demands Maternity Leave
Not realizing that women with children earn less than childless women, this woman thinks women with children need to check their privilege.
Everyone Wants Profits — Including “Non-Profit” Groups
Every human action is undertaken in the hope of gaining at least some psychic profit. Profit need not be measured in dollars.
Westley Seeks to Support the “Productive Class”
Christopher Westley is blunt about his organization's mission. "I want it to support the productive class of society."
Overtime Regulations Disproportionately Harm Young People and Startups
The ability to work long hours is one of the few advantages young people have in the work place.