How Prices Are Determined
Two questions as we go to the marketplace: whether or not to exchange, and if so, on what terms.
Prices
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Commodities as More or Less Salable
It is an error in economics, as prevalent as it is patent, that all commodities, at a definite point of time and in a given market,
Price Fixing in the Massachusetts Theocracy
From the first, the Massachusetts oligarchy imposed maximum-wage controls, thereby aggravating a shortage of labor. Slavery filled the gap.
The Mystery of the Marginal Pairs
In any given market, there are four people whose valuations put them in a special position.
The Rap against Unearned Riches
Only if one understands the subjective theory of value may he proceed logically to a belief in private ownership and control of property.
Fed Policy and Asset Prices
Austrian economists have long recognized that the economy is far more complex than simple models capture.
What’s Cost Got to Do with It?
Whether it's diamonds and water or hardbacks and e-books, the only cogent explanation for prices comes from the Austrians, not the classical economists.
12.05. Triangular Intervention: Price Control
From Man, Economy, and State, narrated by Jeff Riggenbach.
11.07. Gains and Losses During a Change in the Money Relation
From Man, Economy, and State, narrated by Jeff Riggenbach.
11.08. The Determination of Prices: The Goods Side and the Money Side
From Man, Economy, and State, narrated by Jeff Riggenbach.
