Free Association

Proudly delegitimizing the state since 2005

"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

Showing posts with label law of cost. Show all posts
Showing posts with label law of cost. Show all posts
Sunday, February 20, 2011

The Law of Cost, cont’d.

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More from Philip Wicksteed, The Common Sense of Political Economy : We can now see how "cost of production," which is simply ...
3 comments:
Monday, February 14, 2011

The Law of Cost

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For anyone who thinks that costs do not govern value and price, hear Philip Wicksteed, the British "Austrian," thoroughgoing subje...
9 comments:
Tuesday, January 18, 2011

TGIF: Value, Cost, Marginal Utility, and Bohm-Bawerk

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Does cost of production determine price or does price determine cost of production? In the world of economic caricatures, the classical econ...
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Sheldon Richman
Father, grandfather, writer, editor, pipe smoker, free thinker, libertarian market anarchist, grouser, flosser. Author of six books, including "America's Counter-Revolution: The Constitution Reconsidered"; "Coming to Palestine"; and "What Social Animals Owe to Each Other."
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