Thanksgiving and Marginal Utility
Why is it that men become less thankful as their blessings increase? Marginal-utility theory helps us understand.
Why is it that men become less thankful as their blessings increase? Marginal-utility theory helps us understand.
Banks couldn't collude on behalf of debit-card fees, even if they so wanted, because they're more interested in retaining current customers and attracting new ones from institutions that assess unpopular charges.
In the acts of government, a singleness of conduct is attempted that by its very nature defies the law of variation — the requisite of progress.
From Man, Economy, and State, narrated by Jeff Riggenbach.
As the old saying goes, the more expensive you are to fire, the more expensive you are to hire. Nowhere is this more apparent than on the European continent.
In a voluntary society, both parties benefit from any exchange, or it wouldn't have happened in the first place. We only want the most profitable businesses to be operational, because we will benefit the most from the best and cheapest goods.