Value and Exchange

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George Bernard Shaw on Calculation

Value and Exchange

Blog05/09/2005

My wife alerted me to this surprising passage from An Unsocial Socialist. Did Mises read Shaw? (This came out in 1883.) The whole opening of Chapter X is funny, but here's the best excerpt:

Trefusis now...

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Clinton minimum wage increase repealed

Money and BanksValue and Exchange

Blog03/23/2005

When pro-inflation economists try to argue that inflation does not merely have redistributive effects, but can actually increase total production one of their most frequently used arguments (Often stated in implicit rather than explicit terms ) is that inflation can help erode the real value of...

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Coin Clipping and the Resource Boom

Value and Exchange

Blog03/16/2005

From the Daily Reckoning:

"A penny now costs two cents to produce! It cost the U.S. government 3.8 cents to produce a nickel and 0.98 cents to produce a penny, according to the U.S. Mint's last annual...

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Is capital gains income?

Money and BanksValue and Exchange

Blog02/02/2005

The recent report on personal income and spending showed a full 3.7% increase in personal income and an even greater increase in disposable income , raising the savings rate to 3.4%. But this sharp increase was mostly due to the...

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Agree or Disagree? On the Role of Negotiations for the Valuation of Business Enterprises

Philosophy and MethodologySubjectivismValue and Exchange

04/15/2019Quarterly Journal of Austrian Economics
Valuation of businesses must be based on appraisement, investment appraisal, and— terra incognita in Austrian economics—negotiation. Discounted cash flow and "relative valuation" methods are well-suited for negotiation purposes.
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Mises on Money

Austrian Economics OverviewMoney and BankingValue and Exchange

03/04/2019Audio/Video
Dr. Jeffrey Herbener joins The Human Action Podcast for an extended discussion of Mises's seminal work.
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