Value and Exchange

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Why We Need Profits

Taxes and SpendingCalculation and KnowledgeMonetary TheoryValue and Exchange

Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.

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Was Mises a Cynic?

Philosophy and MethodologySubjectivismValue and Exchange

Blog07/05/2016

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

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Gun-Control Advocates — Check Your Privilege

Media and CultureValue and Exchange

Blog06/27/2016

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.

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Equality: Childless Woman Demands Maternity Leave

U.S. EconomyValue and Exchange

Blog06/08/2016

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

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Everyone Wants Profits — Including "Non-Profit" Groups

The EntrepreneurPraxeologySubjectivismValue and Exchange

Blog06/05/2016

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

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Westley Seeks to Support the "Productive Class"

Taxes and SpendingValue and Exchange

Blog06/03/2016

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

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Overtime Regulations Disproportionately Harm Young People and Startups

InterventionismPrivate PropertyValue and Exchange

Blog05/22/2016

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

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The Art of Advertising

Media and CultureValue and Exchange

Blog05/18/2016

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

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The Poverty of GDP

Global EconomyCalculation and KnowledgeValue and Exchange

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.

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Customer Service, Government Style: Huge Wait Times for TSA "Security"

BiographiesTaxes and SpendingValue and Exchange

Blog05/10/2016

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

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