Value and Exchange

Displaying 21 - 30 of 706

Is it Junk or Is it Art?

SubjectivismValue and Exchange

Blog09/21/2016

The value of objects can change without any physical change to the object at all. I need only tell you that some junk you see is really art.

Read more

How I Became an Agent for America’s Most Powerful Cartel

EducationInterventionismValue and Exchange

Blog09/20/2016

The NCAA is a powerful taxpayer-subsidized cartel that largely exists to deny the athletes the compensation they would earn in a working marketplace.

Read more

Free Trade Brings Abundance — Protectionism Brings Scarcity

Global EconomyTaxes and SpendingPolitical TheoryValue and Exchange

Blog09/18/2016

When it comes to trade, the best US policy, or that of any country, is the elimination of all barriers to imports.

Read more

Let's Impose Some Transaction Costs on Government

U.S. EconomyValue and Exchange

Blog09/15/2016

Economists generally do not like high transactions costs. But they can be good when imposed on governments.

Read more

Interventionism: Government's War Against Consumers

Free MarketsInterventionismValue and Exchange

Blog08/16/2016

The government wants to arrogate to itself the power, which, in an economy, is in the hands of the consumers.

Read more

The Minimum Wage: Taking Away the Right to Work

The EntrepreneurInterventionismPolitical TheoryValue and Exchange

Blog08/09/2016

The view seems to be that if a higher minimum wage is mandated that employers will continue to make all of the same hiring decisions. Not true.

Read more

Why We Need Profits

Taxes and SpendingCalculation and KnowledgeMonetary TheoryValue and Exchange

Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.

Read more

Was Mises a Cynic?

Philosophy and MethodologySubjectivismValue and Exchange

Blog07/05/2016

Mises maintained that humans act out of self interest. But that doesn't mean others can't benefit from those actions, regardless of intent.

Read more

Gun-Control Advocates — Check Your Privilege

Media and CultureValue and Exchange

Blog06/27/2016

If you can afford to live in a nice neighborhood with a responsive police force, the cost to you of gun control is much lower than for others.

Read more

Equality: Childless Woman Demands Maternity Leave

U.S. EconomyValue and Exchange

Blog06/08/2016

Not realizing that women with children earn less than childless women, this woman thinks women with children need to check their privilege.

Read more

Shield icon library