Just as important as saying what the business cycle is, saying what it is not. It is not something determined … Read the rest
Category: Economics
Explaining The Fed with a Hammer
Money is a dominant force in the economy. It is a medium of exchange and solves the double coincidence of … Read the rest
The Logic of Social Cooperation
In order for social cooperation to happen, humans must act. This is different than reflexive behavior, this is to substitute … Read the rest
Capital Production
There are various types of capital. For this article, we will talk about consumer and capital goods. The goal of … Read the rest
Statism is Violence
Who has the power to own and control goods and services? Only the individual can control his body which is … Read the rest
The Fourier Complex
Abstract
In Liberalism (1927) by Ludwig von Mises, he believed there was a psychological disorder with the anti-capitalist, the Fourier … Read the rest