Subjective Value - Michael DeVinney

Money and the Value of Money

It should be clear, nothing has value in itself, only the naïve would think this. In other words, value is … Read the rest

Subjective Value

Value judgments express preferences of the acting individual. Action is aimed at the substitution of one state of affairs for … Read the rest

The French Revolution December 21, 2024
What happens when the Department of Government Efficiency fails? Human devolution or political revolution? Or both? Mark Thornton discusses some pertinent lessons from the French Revolution.
Mark Thornton
Marxism and the Cultural Revolution December 20, 2024
The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate Battle Flag. With leftist progressives there can be no discussion. Any symbol from the South equates to racism and nothing else.
Wanjiru Njoya
The Poor Man of Nippur and Austrian Economic Principles December 20, 2024
The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.
Allen Gindler