Value and Exchange

You cannot measure the immeasurable.

If the dictator invests more and thus curtails the means available for current consumption, the people must eat less and hold their tongues.

Seeing the rise of effective new competition, the older artisans and manufacturers turned to the state apparatus to try to shackle the efficient up

Anyone who champions the well-being of society should especially celebrate commercial centers, stock markets, international trade, and every sector

France’s absolutism and strictly enforced mercantilism put it out of the running as a leading nation in industrial or economic growth, despit

There are thousands of people around the world wishing to live in the average American household, where bread is just a fraction of one’s inc

Men are always forced to choose between satisfaction in nearer and remoter periods of the future.

Caplan's claim that the value-scale approach is inadequate for explaining these effects is simply an incorrect interpretation of Professor Rothbard's theoretical framework.

Economics is about human choice and action. The praxeological concept of time is not the concept of physics or biology.

Copernicus became the first person to set forth clearly the “quantity theory of money,” the theory that prices vary directly with the s