Currently viewing the tag: "institutions"

I. Curt, what does “Exchange under trade is different from exchange under market.” mean?

Trade and Market are commonly framed as causally synonymous when they are not. Trade is natural to humans. Markets are an institution that humans have made [...]
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Pareto, in his study of society, and Haight in his study of emotions, and perhaps Axelrod as well in his study of human cooperation, do not attribute to Status Signaling the importance which it deserves. Haight is far too interested [...]
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A Little History For Context

The term ‘Freedom’, and its near relation ‘Liberty’, have a long heritage.   The babylonian words “ama-gi”, meaning “Return To The Mother”, written in cuneiform, are often cited by Libertarians as the first written use [...]
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Joseph Postell of the Heritage Foundation, whom I admire, posts an article in today’s Washington Times entitled Constitutional Decline. Keeping the tradition of picking on your friends, because it’s simply an easier way to make a point than systematic [...]
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Property Rights and the Paparazzi
by JEREMIAH DYKE
….. one cannot own his image or reputation, nor can he own an actual image, a photograph, of himself. Like the mental construction of memory which is a product [...]
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I dont like to criticize postings at the Mises Institute, of whom I have been a member and supporter for almost a decade. It is far less work to improve on small errors than to solve catastrophic ones. And [...]
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I’m going to say something. It will only take a moment. And my time is at least as valuable if not more so than the state’s, the court’s, or that of the officers’.

You see, I understand something very important.

[...]
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Capitalism 3.0

http://economistsview.typepad.com/economistsview/2009/02/capitalism-30.html

Over on the Economist’s View there are a whole series of comments that negatively reflect on capitalism. This is my response.

All,

I am amazed reading these comments. What is it about this blog that [...]
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One of the underlying premises of debate is the concept of agreement: that we can convince others to take our position, or at least convince them to compromise somewhat in their own.

I received an email today from a man [...]
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NOTE: From a related post-Keynesian web site Thoughts On Economics:

“RE: …giving Soros too much credit.”

Well, Soros is just more populist than academic.

There are (as we can see from the postings here) people exploring this problem [...]
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