2.01. Direct Exchange · Types of Interpersonal Action: Violence
From Man, Economy, and State, narrated by Jeff Riggenbach.
Austrian Economics Overview
Displaying 861 - 870 of 1955
2.07. Speculation and Supply and Demand Schedules
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.10. Specialization and Production of Stock
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.13. Enforcement Against Invasion of Property
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.02. Types of Interpersonal Action: Voluntary Exchange and the Contractual Society
From Man, Economy, and State, narrated by Jeff Riggenbach.
How Do People Make Economic Decisions?
The economic point of view holds that logic reveals that certain means - like socialism -simply cannot produce certain desired results such as social cooperation. Austrian economics realistically explains all the choices that people make to be better off.
The Tale of Two Invisible Hands
Most Americans do not know what the source of wealth is and they don't know what causes economic problems. Self-interest promotes the general interest of society. The invisible hand can deliver all. The coercive hand of government destroys all.
The Moral Imperative of the Market
If it is true that prices are signals which enable us to adapt our activities to unknown events and demands, it is evidently nonsense to believe th
