Subjective Value and Market Prices
“Price theory is the cornerstone of the foundation of economic calculation.”
“Price theory is the cornerstone of the foundation of economic calculation.”
More than two decades ago, the Federal Reserve joined with the federal government to make housing more affordable. The first housing bubble popped in 2008, and a second bubble is…
Recorded at the Mises Institute in Auburn, Alabama, on July 29, 2024
Libertarians have no problem dealing with how private property should be policed, but what about those areas we call public spaces? Murray Rothbard, not surprisingly, examined the issue thoroughly and…
Tom DiLorenzo kicks off Mises University 2024.
Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and…
Economic mythology said governments must regulate markets to prevent monopolies. In reality, it is the government regulation itself that creates monopolies, which do not emerge in free markets.
Commonsense safety measures are being replaced in our working culture by an impossible “no risk” standard. A culture of “can do” is replaced by the culture of fear.