Investment or Malinvestment?
Anything invested in creation of goods that no one wants ("bads," really) is wasted.
Anything invested in creation of goods that no one wants ("bads," really) is wasted.
Unlike the government, Kardashian forces no one to purchase her products or services.
Mises's main renown is as an economist. Yet to me he is a charitable person even more than an economist.
With Stiglitz's mainstream neoclassical research, truth is only what can be measured and then fit into mathematical models.
The fact that optimists are so pessimistic about the economy should cause you to take notice and ask if maybe there is something to all this gloom and doom.
Freedom of the press is one of the fundamental features of a nation of free citizens.
We can see some of the more insidious side effects of regulations by tracing the history of antimargarine laws.
Whatever other attributes the human being brings to bear on the social order of which he is the integral, his will to live comes first in the hierarchy.