The Value of Goods of Higher Order
There is no necessary connection between the value of present consumer goods and the value of currently available capital goods.
Value and Exchange
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The “Mystery” of the Endowment Effect
Mainstream economists are puzzled by the endowment effect, demonstrating the inability of formal economics to explain what drives human action.
Postmarket Effects of Intellectual Monopoly
Digital-music pricing is standardized and immune to market demand, just as store prices were in the Soviet Union.
The Rap against Unearned Riches
Only if one understands the subjective theory of value may he proceed logically to a belief in private ownership and control of property.
What’s Cost Got to Do with It?
Whether it's diamonds and water or hardbacks and e-books, the only cogent explanation for prices comes from the Austrians, not the classical economists.
11.13. The Fallacy of the Equation of Exchange
From Man, Economy, and State, narrated by Jeff Riggenbach.
11.01. Money and Its Purchasing Power: Introduction
From Man, Economy, and State, narrated by Jeff Riggenbach.
11.12. Exchange Rates of Coexisting Moneys
From Man, Economy, and State, narrated by Jeff Riggenbach.
