Value and Exchange

Mises maintained that humans act out of self interest. But that doesn't mean others can't benefit from those actions, regardless of intent.

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.

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.

Not realizing that women with children earn less than childless women, this woman thinks women with children need to check their privilege.

Every human action is undertaken in the hope of gaining at least some psychic profit. Profit need not be measured in dollars.

Christopher Westley is blunt about his organization's mission. "I want it to support the productive class of society."

The ability to work long hours is one of the few advantages young people have in the work place.

It is a widespread fallacy that skillful advertising can talk the consumers into buying everything that the advertiser wants them to buy.

The choice between various ways of ‘measuring’ economic variations (and gauging their causes from these measurements) is arbitrary from an economic point of view, and becomes a largely political endeavor.

The taxpayers will complain a little, but they'll be sure to re-elect most of the politicians who gave us this status quo.