The Praxeological Origins of the Price System
Commodity money isn't a government creation, as so many believe. It has a definite praxeological foundation.
Commodity money isn't a government creation, as so many believe. It has a definite praxeological foundation.
Even as population has grown, increasing the intensive margin for agriculture has led to increased food production. This may not necessarily be a good thing.
Mainstream economists say everyone should pay the same price for the same good. But that doesn't totally make sense.
The Mali Empire flourished as a trading center and gold-producing region from the late Middle Ages into the mid-seventeenth century.
Before it was destroyed by British aggression in 1755, the Acadian community in Nova Scotia provided a window into an anarcho-capitalist society that was cohesive and successful.
If you wish to get a better understanding of economics, don't follow the mainstream. Instead, read Thomas DiLorenzo's new book.
Is democracy a superior substitute for free markets? Jedediah Purdy believes so. David Gordon sets him straight.
Commodity money isn't a government creation, as so many believe. It has a definite praxeological foundation.
While the antimarket and antilibertarian forces are strong, it is easy to forget that free market advocates also have a powerful set of tools.
When the Nixon administration ended the dollar's ties to gold, it was yet another sad chapter in the US government's abuse of its currency. And the government learned nothing.