"Aye, free! Free as a tethered ass!" —W.S. Gilbert
"All the affairs of men should be managed by individuals or voluntary associations, and . . . the State should be abolished." —Benjamin Tucker
"You must first enable the government to control the governed; and in the next place oblige it to control itself." —James Madison
"Fat chance." —Sheldon Richman
Friday, January 07, 2011
TGIF: The Importance of Subjectivism in Economics
For an exchange to take place, the two parties must assess the items traded differently, with each party valuing what he is to receive more than what he is to give up.
Women buy junk all the time. :o)
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