What is the status of claims about effects minimum wage laws? Empirical or praxeological? We claim latter. How can effect such legislation be best analyzed under assumption mis-behaving supply (backward bending) and demand (positively sloped, based on positing Giffen goods) curves? In usual manner: resource misallocation still occurs. But this only arguendo. More radically, curves are themselve...

This thesis examines the philosophical background that culminates in the Austrian School of economics' theories of capital and interest. In chapter two, I describe the character of the school, its history, and the educational, environmental and social background of the main authorities. The school is characterised by an adherence to Carl Menger's doctrines, with Eugen von Böhm-Bawerk, Friedrich...

The author raises the question of instrumentalization cultural code country to ensure praxeology its public administration and sectoral policies suggests a methodology based on method ontological deduction. current state with objectification value constants in Russia is given, progress unambiguous logic legislator use policy for implementation goals objectives not only block, but also national ...

RésuméLe curriculum prescrit d’une société change dans le temps pour des raisons diverses. Dans cet article, nous proposons de centrer notre attention au changement curriculaire concernant quatre propriétés d’addition (commutativité, associativité, élément neutre et clôture) à l’école primaire Brésil. La période que analysons est limitée la 1990 - 2020. Des documents officiels sont examinés but...

The triangle is an integral part of the history economic thought. It has been used by writers such as Jevons (1871), Taussig (1896), Wicksell (1934, 1969) to illustrate and help us understand capital theory. Since Hayek (1931) this geometrical figure a basic pedagogical device explain Austrian Business Cycle Theory (ABCT). purpose present paper argue that highly problematic, if not fatally flaw...

In this work Public Goods are analyzed from the point of view their definition as «non-excludable» and «non-rivalry» in order to show contradictions it entails. Also we propose Political a proper name define those goods provided by state apart basic ones (security justice) therefore how these result political pressure arbitrary decisions bureaucrats (which is studied works James Buchanan on Dem...

The purpose of this paper is to take Mises’ observation on the need for right secession in order liberal program peace and prosperity be realized, remove doubts that he voiced regarding feasibility extending individuals. We do so by explicating theoretical historical foundation concept extraterritoriality, showing how extra-, or non-, territoriality only system which consistent with individual ...