Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.
What happens when the Department of Government Efficiency fails? Human devolution or political revolution? Or both?
The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor
The Cultural Revolution continues apace in this country and it is aimed at all of the