The Nature and Origin of Subjective Value
All goods without exception — indeed according to the very conception of them as "good" — possess a certain relation to human well-being.
Mises Daily
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Ray Bradbury: Anarchist at Heart
Ray Bradbury: "The less government, the happier I will be.… All I can do is teach people to fall in love."
The Failure of Subsidized Production in the Massachusetts Theocracy
Debt-relief legislation has plagued America since 1640.
When Anticipation Makes Things Worse
The rational expectations of bankers and speculators should, if anything, exacerbate the cycle.
Socialism in Practice: The Lethal Laboratory
Schumpeter said that the USSR "would be a good laboratory." Weber responded, "A laboratory heaped with human corpses!"
Private Law in the Emerald Isle
Brehon law was a private legal system in ancient Ireland that survived until the 17th century.
Of Krugman and Diocletian
Krugman: “I am not a defender of the economic policies of the emperor Diocletian. Let’s just make that clear.” Ron Paul: “That’s exactly what you’re defending.”
The Fiasco of Fiat Money
Today's worldwide fiat-money regime has effects that extend beyond what most people would imagine.
Profits
Although every businessman aims to earn a "profit," he usually knows very little about the economic nature of his objective.
The Danger of External Debts
High public (external) debts and persisting import surpluses are signs of a weak currency.
