Production Theory

Displaying 81 - 90 of 608

Oil, Big Business, and "Monopoly"

Monopoly and CompetitionProduction Theory

Blog02/02/2006

A reader of my analysis of the backlash against the profits of big oil companies thinks that one of my statements is "laughable," namely, my claim that the "oil companies, including Exxon Mobil, have been doing their utmost to increase the...

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But Can He Get Rich, and Stay That Way?

Production Theory

Blog01/31/2006

A Malawian farmer, discovering and applying principles worked out by the Romans millennia ago, has brought plenty to his small part of a drought-ridden part of Africa, as this article in the Christian Science...

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Davis-Bacon in New Orleans

InterventionismProduction Theory

Blog10/26/2005

Despite all of the public wailing for the desperate state of the poor left behind in New Orleans, to say nothing of all the low-wage workers who recently lost their employers down along the Bayou, the White House announced today that it will apply Davis-Bacon workplace rules to federally-funded...

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Apple compared to "Soviet Russia"

Production Theory

Blog10/20/2005

The cover story of Time ($$) this week discusses Apple and Apple CEO Steve Jobs. The basic frame of the article is that "Conventional wisdom says its strategy is wrong", but then goes on to explain how its...

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Spontaneous Order in Kenya

Global EconomyEntrepreneurshipProduction Theory

Blog09/11/2005

Paul Poenicke, a student from my honors seminar on Spontaneous Order, sent me this Slate article concerning the "unorganized" and surprisingly efficient market in "green gold" out of Kenya. A quote from the end of the...

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The Interest Rate and the Length of Production: A Comment

Capital and Interest TheoryProduction Theory

02/28/2017Quarterly Journal of Austrian Economics
Quarterly Journal of Austrian Economics 19, no. 4 (Winter 2016) ABSTRACT: Machaj (2015) does a great service in pointing out a key assumption, heretofore unaddressed, in Filleule (2007) and Hülsmann (2010). Machaj errs, however, in stating that who saves will have an ambiguous effect on the...

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An Analysis on the Relationship between Hoarding, Investment and Economic Growth

Money and BankingProduction Theory

01/10/2017Quarterly Journal of Austrian Economics
I argue that hoarding implies a longer period of time between when resources are saved and when new consumer goods reach the market (economic growth).

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The Mises View: "Basket Case"

Free MarketsEntrepreneurshipInterventionismPrivate PropertyProduction Theory

09/13/2016Audio/Video
As Peter Klein explains, resources in a modern economy are complex and specific — which is why we need free markets...

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The Myth of Efficiency

Production Theory

09/04/2016Articles of Interest
The word "efficiency" in modern economics and politics has been abused to the point of having no useful meaning.
Formats

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