Value and Exchange

Displaying 11 - 20 of 726

Trump’s Maoist Steel Obsession

Labor and WagesProtectionism and Free TradeValue and Exchange

Blog07/04/2017
The wealth of nations is not measured in steel, or in the number of people who make it domestically.

Read more

Will the Work Day Shrink to Four Hours?

Labor and WagesValue and Exchange

Blog06/26/2017
How many hours a job requires depends on the nature of the work. In other words, work is highly heterogeneous.

Read more

Las Vegas: An Austrian View of Land Prices

The EntrepreneurValue and Exchange

Blog06/05/2017
Is buying land a good idea? It's a lot more complicated than simply declaring "buy land, they aren't making it anymore."

Read more

We Don't Need to Create Jobs — We Need to Create Value

Labor and WagesPovertyValue and Exchange

Blog05/29/2017
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.

Read more

Capital Flows and Ricardo's Law

Global EconomyMoney and BanksMoney and BankingValue and Exchange

Blog04/10/2017
Ricardo's law of comparative advantage is only part of the story when it comes to understanding the benefits of free trade.

Read more

Jeff Bezos Got Rich By Giving His Customers What They Want

The EntrepreneurPricesValue and Exchange

Blog04/07/2017
Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.

Read more

3 Lessons Learned from Wisconsin's War on Foreign Butter

Taxes and SpendingPolitical TheoryValue and Exchange

Blog04/03/2017
Wisconsin's foreign-butter ban may seem like a small issue, but it illustrates the problems that arise when government limits trade in any way.

Read more

Why Special Interests Sacrifice the Future for Short-Term Gain

U.S. EconomyPolitical TheoryValue and Exchange

Blog04/02/2017
When they ignore basic economics, special interest groups sacrifice the well-being of their future members in exchange for short-term gains.

Read more

Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog03/30/2017
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.

Read more

L.A. to Worsen Housing Shortage with New Rent Controls

The EntrepreneurPolitical TheoryValue and Exchange

Blog03/29/2017
Housing activists in Los Angeles hope to expand rent control there. This will make the city's housing crisis even worse.

Read more

Shield icon library