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George Reisman

Tags Capital and Interest TheoryMonetary TheoryPricesPrivate Property

Works Published inSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian EconomicsThe Free MarketAustrian Economics NewsletterArticles of Interest

George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics and the author of Capitalism: A Treatise on Economics (Ottawa, Illinois: Jameson Books, 1996; Kindle Edition, 2012). More articles like these can be found at his blog.

All Works

The Wealth of the Wealthy


The Walton family (the owners of Walmart) is currently worth about $190 billion. The Koch Brothers and Mars families (candy bars) are both worth over $100 billion. Such facts are intolerable to socialists, communists, “progressives,” and, sad to say, today’s Democrats.

Senator Bernie...

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Marx and His Exploitation Theory

07/05/2019Power & Market
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The Irrelevance of “Worker Need” and “Employer Greed” in the Determination of Wages

Labor and Wages


In the conditions of a labor shortage, which necessarily materializes if wage rates go below the point corresponding to full employment, the payment of higher wages provides exactly the same benefit to employers.

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Socialism: Armed Robbery and Murder Based on Delusion and Profound Ignorance

04/15/2019Power & Market
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Wages: The Anti-Capitalist and Pro-Capitalist View

04/01/2019Power & Market
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