Value and Exchange

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

I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.

Narrated by Paul Strikwerda.

From Man, Economy, and State. Narrated by Jeff Riggenbach.

The Austrian School of economics, also called the Viennese School of economics, was founded by Carl Menger in Vienna during the last third of the 1

From Man, Economy, and State, narrated by Jeff Riggenbach.

The world had never seen government paper money until the colonial government of Massachusetts, 1690, writes Murray N. Rothbard (1926–1995).

Man the producer must have freedom, while man the predator puts limitations on freedom, writes Frank Chodorov (1887–1966).

Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature, writes Murray N.

From Part IV of A History of Money and Banking in the United States: The Colonial Era to World War II: “The Gold-Exchange Standard i