Value and Exchange

Displaying 541 - 550 of 944
Eugen von Böhm-Bawerk

The question of the relation of cost to value is properly only a concrete form of a much more general question — the question of the regular relations between the values of such goods as in causal interdependence contribute to one and the same utility for our well-being.

Eugen von Böhm-Bawerk

In the conviction of the inadequacy of the classical political economy, the Austrian economists and the adherents of the historical school agree. But in regard to the final cause of the inadequacy, there is a fundamental difference of opinion that has led to a lively contention over methods.

Ludwig von Mises

Labor is a factor of production. The price the seller of labor can obtain on the market depends on the data of the market.