The Specific Value of Money
"Different people and the same people at different times value the same objective facts in a different way."
"Different people and the same people at different times value the same objective facts in a different way."
Pundits use the language of war and strife to depict economic relationships, but economics addresses mutual benefit, or positive-sum games.
If men were like ants, there would be no interest in human freedom.
An overlooked volume of essays deals with Rothbard's monetary thought. Martin Stefunko regards it as mixed but valuable.
Notwithstanding its endorsement by Mises, many modern Austrians reject the notion of consumer sovereignty as an inaccurate political metaphor.
The noble task of Revisionism is to de-bamboozle: to penetrate the fog of lies and deception of the State and its Court Intellectuals.
Mises stressed the primacy of consumer preferences in the determination of precisely which kinds of goods will be produced with society's scarce resources.
The English Levellers were the world's first self-consciously libertarian mass movement.
Truman, without consent or knowledge of Congress, declared war on Korea. Congress condoned his usurpation of its exclusive constitutional power.
"Not only is a judge immune, but he can confer his immunity in a king-like fashion even onto lowly civilians who surround him."