"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Towards an Austrian Theory of the Firm
"The Austrian school faces a true ambiguity concerning its ability to develop a positive theory of the firm."
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No real surprise.1 week 2 days ago
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It's certainly a step in the right direction.1 year 6 weeks ago
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