Kurt R. Leube

  “Es ist nicht nötig, die Lehre vom Wert, wie sie sich bei Marx findet, weiter zu verfolgen. Was bisher angeführt wurde, genügt, um die Stellung zu kennzeichnen, welche Marx in der Geschichte der Wertlehre gebührt. Diesbezüglich wird man nicht zu verkennen vermögen, dass, so radikal und weitgehend Marx in seinen praktischen Lehren sein mag, […]

  “Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government – in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in […]

    “It is no crime to be ignorant of economics… But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”   Murray N. Rothbard March 2, 1926 – January 7, 1995 TAKE AWAY Even without teaching at one of the prestigious US […]

A self-declared democratic socialist as mayor of Big Apple*.   “We will prove that there is no problem too large for government to solve, and no concern too small for it to care about”. Zohran Mamdani I It is rather unfortunate but hardly disputable that Socialism, despite its theoretical blunders, its catastrophic record, and all […]

  The task of the economist is not merely, as in equilibrium theory, to examine the logical consistency of various modes of action, but to make human action intelligible, to let us understand the nature of the logical structure called “plans” to exhibit the successive modes of thought which give rise to successive modes of […]