Displaying 1 - 10 of 768
Monopoly and CompetitionValue and Exchange
Competition and cooperation and not two things in conflict. They are both essential ingredients in a society based on voluntary action instead of violence.
PovertyValue and Exchange
If the Wal-Mart CEO were to take a $1 salary and the company were to spread that over each of the company's workers, each worker would receive a one-time bonus of $10.
SubjectivismValue and Exchange
Prices are set by how much people value goods and services. And people value things based on what they think will improve their life and well-being.
Labor and WagesValue and Exchange
Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.
Political TheoryValue and Exchange
Being resentful about a business transaction after the fact isn't the same thing as being exploited or abused.
Free MarketsEntrepreneurshipValue and Exchange
Millennials are the focus of everyone’s attention in the housing business.
The EntrepreneurPhilosophy and MethodologyValue and Exchange
When Mises noted that a manager is a "junior partner" of the entrepreneur, he did not mean to downplay the role of management in the economy.
Money and BanksMoney and BankingValue and Exchange
We think the state is taking only our money, but it is also taking our time.
Media and CultureSubjectivismValue and Exchange
Scrooge was wrong, and his Nephew Fred was right. While it's true the benefits of feasting with friends and family can't be calculated in a ledger, that doesn't mean those things have no value.
EntrepreneurshipProduction TheoryValue and Exchange
Many seem to mistakenly think that economic growth has to do with GDP or producing stuff. It does not.