Paine became a privateer in 1753 to locate and rob enemy ships in order to escape his family business - corset making. The blunt but brilliant Paine was helped by Benjamin Franklin to join the American Revolution as editor and writer. Common Sense was a huge success...
Presented by Rothbard at New York Polytechnic University in 1972.
Price controls — triangular interventions — occur when an intervener (generally government) either compels a pair of people to make an exchange or prohibits them from making an exchange.
In this lecture in 1972, supply and demand concepts included: preferences of consumers, prices, quantity, quality, elasticity, equilibrium, marginal utility, present goods, and production processes.
Presented by Rothbard at New York Polytechnic University in 1972.
Presented by Rothbard at New York Polytechnic University in 1972.
Presented by Rothbard at New York Polytechnic University in 1972.
Advertising has always had bad press with economists, but consumers discover that a product either works and works well, or it doesn't. Consumer wants are not artificially created by business itself.
Congress decreed that gold and silver dollars should be interchangeable and put upon the Treasury a mandate to keep them equal in value. How?
John Calvin’s main contribution to the usury question was in having the courage to dump the prohibition altogether.
The governments of almost all countries are engaged in a campaign against the capitalists.
Ultimately, he and the woman are caught, imprisoned, and tortured. In the end, he is sincerely repentant of his crimes and is completely devoted to the all-encompassing government that has done him all this harm.
