Legal System
25. The Profiteer
From Part VI of Defending the Undefendable, “Business and Trade.” Read by Jeff Riggenbach.
23. The Importer
From Part VI of Defending the Undefendable, “Business and Trade.” Read by Jeff Riggenbach.
10. The Person Who Yells “Fire!” in a Crowded Theatre
From Part III of Defending the Undefendable, “Free Speech.” Read by Jeff Riggenbach.
18. The Non-Contributor to Charity
From Part V of Defending the Undefendable, “Financial.” Read by Jeff Riggenbach.
28. The Wastemakers
From Part VII of Defending the Undefendable, “Ecology.” Read by Jeff Riggenbach.
The Case Against the Fed
But what happens when government sanctions, and in effect legalizes, counterfeiting, either by itself or by other institutions? Counterfeiting then becomes a grave economic and social problem indeed. For then there is no one to guard our guardians against their depredations of private property.
Only Criminals Use Honest Money
Austrian economists are not fooled, because they reject the idea of empirical data in the validation of theory in the social sciences.
Defining the Extent of the Market: the Whole Foods Case
"The division of labour is limited by the extent of the market." The extent of the market, however, is best defined by entrepreneurs and consumers, not regulators.