The ground on which economics stands is property. Without property, there is no direction to human action, no calculation, no … Read the rest
Category: Method
Cause
There’s only one cause in the realm of man: choice. The sciences of matter deal with forces outside themselves—gravity, inertia, … Read the rest
The Fantasy of Economic Mastery
The Tyranny of Numbers
Economics isn’t physics. It’s not chemistry. It doesn’t belong to the realm of the natural sciences. Yet, modern economists insist … Read the rest
Public Property Is Nobody’s Property
Who truly owns what is called “public property”? Only the individual can own and control what is his, and property … Read the rest
A Tale of Property
At the heart of any ideology lies a fundamental question: What role does property play? When simplified, ideologies are … Read the rest
The Fork in the Formula
The undeniable and timeless truth is that all humans act. To fully grasp economics, you must first understand this fundamental … Read the rest
How to Avoid Conflict
The very institution of private property is about avoiding conflict. Any deviation from private property promotes it. This is not
Making Variables into Constants
The problem of human action has been reduced to a formula. Human action is always a variable. Trying to … Read the rest
The Objective Nature of Law
Nothing is learned through the senses. They are learned through the intellect with the aid of senses. There must be … Read the rest