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- Search found 4 items for:
- Austrian Economics Overview
- Prices
- 2004
Media Asset
Author:
Murray N. Rothbard
Online Publish Date:
Microeconomics starts with the basic fact that each person has short term and long term goals, like buying a ham sandwich and graduating from college. People act in the world to accomplish something. Human action is purposive. You employ different means to achieve certain goals. Rothbard begins with the simple situation of Crusoe – one laborer- on
Media Asset
Author:
Murray N. Rothbard
Online Publish Date:
Many believe that if governments would just issue greater quantities of money then all problems would be solved. In truth that would create unsurmountable problems by lowering the purchasing power of each money unit. Money is the one good that is not made better by increasing its supply. Rothbard discusses how money originates. Products are