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.
Presented by Tom DiLorenzo at the Mises Circle in New Orleans, 5 November 2011.
Education can regulate what intelligence one has, but it cannot give one any more.
Americans will never reclaim the dream if presidents like Lincoln and Roosevelt are held up as examples of "great" presidents.
Austrians have a different way of understanding history. For Rothbard, for example, a particular price datum is, no less than the Spanish-American War, a historical event, and its causes must be traced back to the subjective aims governing human plans and choices.
We now see, thanks to Rothbard's insights, that the Hoover-Roosevelt period was really a continuum.
If Bryan represented the "people" versus the "interests," why did Bryan lose and lose soundly, not once but three times?
The period between 1873 and 1894 remains one of the most misunderstood and debated in all of American economic history. To some, this era represents the greatest phase of industrial growth in the country's history.
One of the most destructive ideas in American history may be collapsing under its own unsupportable weight.