The following adds to my previous post about what Böhm-Bawerk says concerning the explanatory role of cost of production in Austrian economics. The quotation is from his essay “Value, Cost, and Marginal Utility,” (trans. George Reisman, Quarterly Journal of Austrian Economics, vol. 5, no. 3, pp. 43-44).
[This article is excerpted from Part V of The Anti-Capitalistic Mentality.]
I had the great pleasure of spending about 10 hours during Mises University in private interviews with many of the faculty members. If you subscribe to the Mises podcast, you have probably already heard them. If you don’t, you can access them individually. I hope you like what turned out! At least three people who opinions I respect said very nice things about the results.
If you want to know about lifting people out of poverty, study Wal-Mart.
That’s how the Washington Post describes the FBI’s new software,the Virtual Case File (VCF), which cost the agency $170 million. Come to think of it, 730,000 lines of unusable code is a pretty good description of the whole government. In any case, the agency still has no viable alternative to its paper files. Or there’s Google.
The brilliant and erudite Belgian libertarian legal theorist Frank Van Dun has a powerful, rich and provocative draft article: Comment on R.P.Murphy’s & Gene Callahan’s Critique of Hans-Hermann Hoppe’s Argumentation Ethics. It’s a response to recent criticism of Hans-Hermann Hoppe’s argumentation ethics.
Yes, it is burning question, and someone had to be bold enough to ask it. So I did. I wasn’t complaining, just asking. To my total amazement, Kellogs answered:
You just have to love it: The contract talks between the Ohio Education Association and its professional staffers appear to have stalled. Could a strike be imminent?
“What,” you say, “one union suing another. How could that be possible?”
Picture this situation: A union which constantly complains about wages and working conditions being struck by another union over similar issues? What happened to the worker’s paradise and the evils of management?
The primary social evil of our time is lack of respect for self-ownership rights. It is what underlies both private crime and institutionalized crime perpetrated by the state. State laws, regulations, and actions are objectionable just because the state is claiming the right to control how someone’s body is to be used.
When the state drafts a man or threatens him with imprisonment if he violates its narcotics laws, for example, it is assuming partial control of his body, contrary to his self-ownership rights.
