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Ten Thousand Commandments: A Story of the Antitrust Laws

BooksApril 26, 2009
Moses had nothing on the Supreme Court. He handed down ten commandments. The Supreme Court is handing down ten thousand. And like. the ten that Moses brought down from Mount Sinai, they are nearly all "don'ts."...

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7. Sociological Laws and Historical Laws

Online Text Page from Epistemological Problems of Economics, Ch. 2. Sociology and History

We call the method of scientific work that examines the effect, ceteris paribus, of change in one factor, the static method.

Economics in One Lesson

BooksDecember 29, 2011
This is probably the most important economics book ever written, in the sense that it offers the greatest hope to educating everyone about the meaning of the science.

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The Law

BooksFebruary 9, 2006
Bastiat's essay is timeless, because it applies whenever and wherever the state assumes unto itself different rules and different laws from that by which it expects other people to live...

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From The Archives

Mises DailyJanuary 8, 1999
How Mises's Human Action came to be written.

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Secession, State, and Liberty

BooksJune 30, 1998
The essays in Secession, State & Liberty argue that the political impulse to secede—to attempt to separate from central government control—is a vital part of the Lockean classical-liberal tradition, one that emerges when national governments become too big and too ambitious. Unlike...

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One Is a Crowd

BooksJune 15, 2007
A Collection of Chodorov's most profound essays on the topic of individualism.

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The Economic Mind in American Civilization: 1606-1865, Volume One

BooksOctober 14, 2009
In America as elsewhere, economic thought is an integral part of culture. Its richness and the reach of its relevance can be appreciated fully only when it is treated in its natural habitat of practical affairs and intellectual endeavor. It grows by constant crossbreeding with other species of...

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5. Gresham's Law and Coinage

Online Text Page from What Has Government Done to Our Money?, Ch. III. Government Meddling With Money

A. Bimetallism

Government imposes price controls largely in order to divert public attention from governmental inflation to the alleged evils of the free market. As we have seen, "Gresham's Law"—that an artificially overvalued money tends to drive an artificially undervalued money out of circulation—is an example of the general consequences of price control. Government places, in effect, a maximum price on one type of money in terms of the other.

6. Factors of Production: The Law of Returns

Online Text Page from Man, Economy, and State, with Power and Market, Ch. 1. The Fundamentals of Human Action

We have concluded that the value of each unit of any good is equal to its marginal utility at any point in time, and that this value is determined by the relation between the actor's scale of wants and the stock of goods available. We know that there are two types of goods: consumers’ goods, which directly serve human wants, and producers’ goods, which aid in the process of production eventually to produce consumers’ goods. It is clear that the utility of a consumers’ good is the end directly served.

The De Moneta of Nicholas Oresme and English Mint Documents

BooksFebruary 14, 2009
Nicole Oresme has been called the most brilliant scientist of the 14th century: mathematician, musicologist, physicist, philosopher, and economist. On top of that, he was a Bishop and a theologian. His writings of money bear much in common with Carl Menger. Oresme's treatise on money, De Moneta...

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Freedom and the Law

BooksJune 15, 2009
Here we have an outstanding analysis of the relationship between law and freedom.

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A Rehabilitation of Say's Law

BooksJuly 20, 2005
The topic addressed here is Say's law: the view that macroeconomic activity tends toward stability...

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Control or Economic Law

BooksFebruary 18, 2010
This is Eugen Böhm von Bawerk's scientific — but impassioned — call for economic liberalization.

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The Kohler Strike: Union Violence and Administrative Law

BooksAugust 27, 2008
This 1961 book by labor economist Sylvester Petro tells a story of the destruction of private property and freedom at the hands of unions.

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Money, Bank Credit, and Economic Cycles

BooksMarch 15, 2006
The three years since the publication of the previous English edition of Money, Bank Credit, and Economic Cycles have seen a continuation of the economic recession process set in motion after the 2007 financial crisis. This process has consisted of the inevitable microeconomic readjustment and...

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The Wild Wheel

BooksJuly 18, 2007
No one, but no one, tells the story of the Ford Motor Company like Garet Garrett.

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Outlook for Freedom

BooksJune 21, 2013
This professionally prepared ebook is an electronic edition of the book that is designed for reading on digital readers like Nook, Kindle, iPad, Sony Reader, and other products including iPhone and Android smart phones. The text reflows depending on your font preferences and it contains links from...

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Does Wal-Mart Destroy Communities?

Mises DailyMay 1, 2004
We have heard all the claims 10,000 times, and here William Anderson deals with the main ones.

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