2.01. Direct Exchange · Types of Interpersonal Action: Violence
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
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.
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.
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