A Praxeological Critique of the Equation of Exchange and Neutrality of Money
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy.
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Abolition and Libertarian...
Libertarians generally agree that slavery violates libertarian principles, but how does one deal with the aftermath
What Makes Austrian Econo...
The focus is on individual human action makes Austrian economics unique, as well as logically valid