Value judgments express preferences of the acting individual. Action is aimed at the substitution of one state of affairs for … Read the rest
Category: Economics
Immoral Choices
Ethics and morals are not the same. Ethics are universal. Morals are not. However, all morals must adhere to ethics. … Read the rest
On “Education”
Education is not what you might think it is. Imitation thinking is taught. This isn’t just in school. This continues … Read the rest
Left and Right
Both parties are statist parties. The terms left and right are thrown around too often. Not only are they used … Read the rest
Economic Science
Economics can have definite proof with the correct method. This doesn’t come from charts, mathematical formulas, game theory, etc. … Read the rest
Price Spread
Price spread is the difference between their selling price and the aggregate prices. This translates to the difference between inputs … Read the rest
Crusoe Economics
Property is essential to justice and economics. It is impossible to come to a just decision without property. Likewise, … Read the rest
From Delusion to Destruction
Statism aims at the substitution of the rational for the irrational. If calculation were possible, we wouldn’t need overlords to … Read the rest
Method
There are two methods, one of the physical sciences and one of man. There is not more than one logic… Read the rest
Monopoly
It’s difficult to decide what is the most misunderstood concept of economics. Almost all of them are misunderstood or misused, … Read the rest