Understanding the Real Costs of Slavery: It’s Not Cheap labor
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other
What Murray Rothbard used to call the "Old Right" stood for liberty, freedom of speech, and a free economy. Most importantly, they
There is good evidence that the Skyscraper Curse is dead. But what does that mean? Are historical changes are in the works?
David J. Bier
The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese jurists also made key contributions.