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The article explores how Austrian Economics explains luxury marketing, using the iconic Hermès Birkin bag as a case study to illustrate Carl Menger’s Theory...
Jonathan Newman is interviewed by Andrew Wilkow.
Nicolaus Copernicus is best known for his observation that the sun was at the center of our solar system, but he also made a...
While men like Murray Rothbard and Ludwig von Mises believed in “just” war, nonetheless, they did not believe that wars lead to “just” outcomes,...