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Economic Principles

Arts

A Simple Example to Explain Some Austrian Economic Principles

1st November 2018 Patrick Barron 3135 Comments

Simple examples can be used to explain what seem at first glance to be complex economic principles. I’ll use a hypothetical yet commonplace experience to explain how money may be used for only one of [more…]

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    “Lift up your eyes and look to the heavens, who created all these? He who brings out the starry hosts and calls them each by name, because of his great power, and mighty strength, not [more...]
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    I have a number of friends who are police officers. Or to be more accurate, former police officers. Which is a bit of a paradox really, as by far the majority of rank and file [more...]
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