LECTURE EXCERPT: What is Economic Law?
Excerpted from Lecture 3 of Robert Murphy’s “Basics of Economics: Action and Exch
Excerpted from Lecture 3 of Robert Murphy’s “Basics of Economics: Action and Exch
Philosophers have argued that society must invest great power in the rulers because only great power can hold back the forces of evil. Is there another alternative?
What individualism teaches us is that society is greater than the individual only in so far as it is free.
Not surprisingly, the work of this week’s new Nobel prize winners have been the subject of several critiques here at the Mises Institute:
Interviewed by host Alan Butler, Mark Thornton discusses economics from the Austrian perspective.
Interviewed by Ken McClenton on “The Exceptional Conservative Show,” Mark Thornton discusses the characteristics of a just society and
Interviewed by “Butler on Business” host Alan Butler, Mark Thornton explains the differences between Austrian and Keynesian economics.
Hume pointed out that, while conduct should be judged by its “utility,” it is not specific acts that should be so judged, but general rules of action.
Bear constantly in mind the truth that the aim of your discipline should be to produce a self-governing being; not to produce a being to be governed by others.