12.04. Utility “Ex Post”: Free Market and Government
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
What the protesters do not realize is that the wealth of the 1 percent provides the standard of living of the 99 percent.
The labor of the plowman is of less value than that of the artisan.
The proponents of syndicalism suffer most from a total ignorance of economics.
Capital, interest, and entrepreneurship all come together in the Austrian explanation of the market price of land.
The perception that something is fundamentally wrong in Western societies explains why Hessel has sold millions of copies of his brief and provocative pamphlet.
Both Mises's and Rothbard's positions have aroused a great deal of discussion. It's time we dig deeper.
Public-choice analysis fosters cynicism about political leaders. But not as much as they deserve.
It's a bit odd for the economics profession right now to be celebrating two scientists for their work in helping policymakers steer the macroeconomy.