Who Sets the Prices for Goods?
Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.
Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.
While it is tempting to think of state power as being maintained by sheer force, it still needs a “theological” justification, be
Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are
Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.
As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is
The outcry from establishment media figures following the decision by the Washington Post and Los Angeles Times to not endorse a presidential
Illustration: Kristen Radtke / The Verge; Image: Getty
Image: Elen Winata for The Verge
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