The Mythology of Capital
From The Quarterly Journal of Economics, Volume 50, Number 2 (February 1936).
From The Quarterly Journal of Economics, Volume 50, Number 2 (February 1936).
The Austrians began with the actions of the individual. Economic value, for example, consisted of the valuations made by choosing individuals, and prices resulted from market interactions based on these valuations.
From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.
From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.
But as long as people can be led to believe that running the printing press and issuing fiduciary media can substitute for saving and capital accumulation as a way to achieve prosperity and create wealth — or, yes, prosecute a war — government will continue to get away with this particularly insidious and underhanded form of expropriation.
From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.
From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.
From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.