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CAPITALISM a Treatise on Economics George Reisman
CAPITALISM CAPITALISM A Treatise on Economics Prepublication, Interim Edition George Reisman Jameson Books, Ottawa, Illinois Copyright © 1998, 1996, 1990 by George Reisman. All rights reserved. No part of this book may be reproduced in any manner without written permission, except in the case of brief quotations embodied in reviews. Mail order copies of this book may be purchased from the publisher by call- ing 800-426-1357. All inquiries should be addressed to Jameson Books, 722 Columbus St., Ottawa, IL 61350. (815)-434-7905. Fax: (815)-434-7907. Distributed to the book trade by MidPoint Trade Books. All returns to the MidPoint warehouse. Bookstores, please call 800-243-0138 to order. Photocopying of excerpts from Jameson Books editions are licensed through the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923. Call 508-750-8400 for information. ISBN: 0-915463-73-3 Library of Congress Catalogue Card Number: 96-78105 Manufactured in the United States of America 09 08 07 06 05 04 / 8 7 6 5 4 To Ludwig von Mises, my teacher, and Edith Packer, my wife. CONTENTS IN BRIEF PREFACE xxxix INTRODUCTION 1 PART ONE THE FOUNDATIONS OF ECONOMICS CHAPTER 1. ECONOMICS AND CAPITALISM 15 CHAPTER 2. WEALTH AND ITS ROLE IN HUMAN LIFE 39 CHAPTER 3. NATURAL RESOURCES AND THE ENVIRONMENT 63 PART TWO THE DIVISION OF LABOR AND CAPITALISM CHAPTER 4. THE DIVISION OF LABOR AND PRODUCTION 123 CHAPTER 5. THE DEPENDENCE OF THE DIVISION OF LABOR ON CAPITALISM I 135 CHAPTER 6. THE DEPENDENCE OF THE DIVISION OF LABOR ON CAPITALISM II: THE PRICE SYSTEM AND ECONOMIC COORDINATION 172 CHAPTER 7. -
EXTENSIONS of REMARKS April 23, 1975 EXTENSIONS of REMARKS
11576 EXTENSIONS OF REMARKS April 23, 1975 EXTENSIONS OF REMARKS FRANK J. LUCAS HONORED guiding principle has been that steady accustomed romantic beauty. (How spoiled employment with good pay and bene we New Yorkers a.re, but this is pa.rt of our dubious charm.) Downtown Brooklyn has no fits can only be realized when the em easy answer and is stlll fraughlt with real and HON. GLADYS NOON SPELLMAN ploying contractors are able to com continuing problems, but there 1s enough OF MARYLAND plete their contracts profitably, within visible accomplishment in terms o! design, specifications and in a timely manner. development and the creation a.nd reinforce IN THE HOUSE OF REPRESENTATIVES Mr. Lucas has been married for 43 ment of comm.unity and e.menity for a dozen Wednesday, April 23, 1975 years. He and his wife, the beautiful other cities. Eleanora, have one son, Francis Michael, Brooklyn's lessons in architecture and ur Mrs. SPELLMAN. Mr. Speaker, it was banism-which largely involve informed ef my pleasure to attend a testimonial din and two daughters, Mary Louise and forts to turn around an area. decimated by a ner on April 12, 1975, given by the Steam Ellen Gertrude, and they are blessed residential and commercial flight to the sub fitters local 603 of the United Associa with five grandchildren. For all of his urbs of the 1950's and 1960's--are hearten tion of Journeymen and Apprentices of life, Mr. Lucas has lived in the Wash ing. And so are the role and achievements of the Plumbing and Pipefltting Industry ington area. -
The Libertarian Review September 1975
• © 1975, LIBERTARIAN REVIEW, INC an VOL. IV, NO.9-SEPTEMBER 1975 THE STATE By Franz Oppenheimer For centuries, the State and its intellectual apolo The State is unsurpassed in its analysis of the State as parasite and exploiter. gists have propagated the myth that the State is a Thus, Oppenheimer points out that there are two and only two ways by which voluntary instrument of society. Essential to that men can acquire income and wealth: One is through production and volun myth is the idea that the State arose on a volun tary exchange, what Oppenheimer calls "the economic means" to wealth, the tary, or at least on a natural, basis, arising organi means consonant with human nature and with the prosperity of mankind, the cally out of the needs of society. For if the State means which benefits all parties to the market and exchange process. The arose naturally or voluntarily, then it probably fol other means is robbery, the coercive looting and expropriation of someone :t>:;Y;:;:<1 ~::.:~:(" .;:,- ~:"~:: ::~:~:.., .. ~;;',:l~::::'i';; :'-:~::~:-: :~:~. lows that it fulfilled and still fulfills a vital societal else's production. This is the parasitic means, which not only violates the na function. Two major variants of the myth of State ture of man, but imposes a crippling burden on the victims and on production origins are the idea that the State arose out of a and economic growth. This path to wealth Oppenheimer called "the political "social contract" entered into by all members of means." Oppenheimer then goes on to define the State, on the basis of his society. -
The Shame of the Jews
OCTOBER 1993 PUBLISHED BY AMERICANS FOR A SAFE ISRAEL administered the next blow--he has given control of the THE SHAME OF THE JEWS region--Gaza and Jericho today, the rest in nine months-- Herbert Zweibon to Yasser Arafat, a man who symbolizes the Arab goal of obliterating Zionism, a man whose hands are drenched with the blood of thousands of innocent Jews. In the summer of 1883, in the wake of yet Israel's leaders should be calling for Arafat's trial another malaria epidemic, Baron de Rothschild dis- as a war criminal. Instead, unbelievably, sacrilegiously, patched his agent, one Emile Meyerson, to the strug- they are investing him with legitimate authority over the gling Jewish settlement of Yesod Hama'ala, in the Huleh Land of Israel, forfeiting the age-old rights of the Jewish Valley. Meyerson explained to the settlers that while the people to the mass murderer of Jews. Elijah thundered to baron was deeply committed to the cause of resettling Ahab: "Has thou murdered and also inherited?" What the Holy Land, he now believed the health problems would Elijah say to the present rulers of Israel who hand afflicting Yesod Hama'ala were too severe to overcome. over the inheritance of the Jewish people to the world's The baron proposed that the settlers leave. "Some of master of murder? you will be able to settle in other villages in this country," Only a few have raised their voices against the Meyerson assured them. "As for the rest, those who want mindless euphoria, and they have spoken of the strategic compensation will receive it, and those who want to mistake Israel is making. -
A History of Pi Free
FREE A HISTORY OF PI PDF Petr Beckmann | 200 pages | 31 Dec 1976 | St Martin's Press | 9780312381851 | English | New York, United States Pi Day: History of Pi | Exploratorium Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading A History of Pi. Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. The history of pi, says the author, though a small part of the history of mathematics, is nevertheless a mirror of the history of man. Petr Beckmann holds up this mirror, giving the background of the times when pi made progress -- and also when it did not, because science was being stifled by militarism or religious fanaticism. Get A Copy. Paperbackpages. Published July 15th by St. Martin's Griffin first published January 1st More Details Original Title. Other Editions Friend Reviews. To see what your friends thought of this book, please sign up. Steev Mathew I really enjoyed the book. The author has balanced the background history and the mathematical concepts, so that it can be appreciated by anyone even …more I really enjoyed the book. The author has balanced the background history and the mathematical concepts, so that it can be appreciated by anyone even without a thorough mathematical base. But I would say, it can be a lot more appreciated if you can work out the math. Lists with This Book. Community Reviews. Showing Average rating 3. -
Hillsdale College Freedom Library Catalog
Hillsdale College Freedom Library Catalog Books from Hillsdale College Press, Back Issues of Imprimis, Seminar CDs and DVDs THOMAS JEFFERSON | ANTHONY FRUDAKIS, SCULPTOR AND ASSOCIATE PROFESSOR OF ART, HILLSDALE COLLEGE CARSON BHUTTO YORK D'SOUZA STRASSEL WALLACE HANSON PESTRITTO GRAMM ARNN GOLDBERG MORGENSON GILDER JACKSON THATCHER RILEY MAC DONALD FRIEDMAN Hillsdale College Freedom Library Catalog illsdale College is well known for its unique independence and its commitment to freedom and the liberal arts. It rejects the huge federal and state taxpayer subsidies that go to support other American colleges and universities, relying instead on the voluntary Hcontributions of its friends and supporters nationwide. It refuses to submit to the unjust and burdensome regulations that go with such subsidies, and remains free to continue its 174-year-old mission of offering the finest liberal arts education in the land. Its continuing success stands as a powerful beacon to the idea that independence works. This catalog of books, recordings, and back issues of Imprimis makes widely available some of the best writings and speeches around, by some of the smartest and most important people of our time. These writings and speeches are central to Hillsdale’s continuing work of promoting freedom, supporting its moral foundations, and defending its constitutional framework. Contents Hillsdale College Press Books ....................................................1 Imprimis ......................................................................5 Center -
WAS IT EVER REALLY a CRISIS? 2 0 0 9 International C O N F E R E N C E O N C L I M a T E C H a N G E
MARCH 8 - 10, 2009 · NEW YORK CITY WAS IT EVER REALLY A CRISIS? 2 0 0 9 INTERNATIONAL CONFERENCE ON CLIMATE CHANGE HOST COSPONSORS 60 Plus Association Citizens’ Alliance Hispanic Leadership Fund Liberty Institute United States for Responsible Energy United States India United States Accuracy in Academia IceAgeNow.Com Manhattan Libertarian Party United States Climate Sceptics Party United States United States Australia Accuracy in Media ICECAP Mannkal Economic Education United States Climate Strategies Watch United States Foundation United States Australia African Centre for Advocacy and The Idea Channel Human Development Committee For a Constructive United States Minimal Government Thinkers Nigeria Tomorrow Philippines United States Initiative for Public Policy Analysis Alternate Solutions Institute Nigeria New Zealand Centre for Political Pakistan Competitive Enterprise Institute Research United States Institute for Liberty New Zealand Americans for Prosperity United States United States Congress of Racial Equality Oregon Institute United States Institute for Private Enterprise of Science and Medicine Americans for Tax Reform Australia United States United States Cornwall Alliance United States Institute of Public Affairs Pacific Research Institute American Policy Center Australia United States United States Economic Thinking - E Pluribus Unum Films Istituto Bruno Leoni Public Interest Institute Atlas Economic Research Foundation United States Italy United States United States European Coalition Instituto De Libre Empresa Science & Environmental -
EINSTEIN's TERRIBLE TWINS and Other Tales of Relativistic Woe
1 EINSTEIN'S TERRIBLE TWINS and Other Tales of Relativistic Woe Jeremy Fiennes ([email protected]) (rev: 04/10/2019) Dedicated to Dayton Miller Abstract Einstein's Special Relativity is based on two fundamental assumptions, the so- called 'Einstein postulates'. The second 'constant speed of light' postulate predicts that two inertial observers – for instance two twins in spaceships free- floating in outer space – will each see the other's clock running slower than his own. The first 'relativity' postulate says that both their perceptions are equally valid, effectively correct. The logical incoherence of this makes a nonsense of the postulates, and by extension of Special Relativity itself. The positive 1887 Michelson-Morley result confirms this experimentally, falsifying both Einstein's postulates. In spite of which, more than a century later Special Relativity is still an official scientific doctrine , and Einstein a scientific genius. The article derives the technical aspects of Relativity; and then looks at the historical, political, social and personal factors that led up to the present situation. The approach is conceptual and 98% non-mathematical. Companion articles look at the related topics of the aether and spacetime. CONTENTS INTRODUCTION Inertial/gravitational General p.2 mass p.33 MOTIONS Photons, gravity (1) p.33 Inertial motion p.3 Photons, gravity (2) p.34 Relative motion p.3 Photons, gravity 32) p.35 SPECIAL RELATIVITY Eclipse show (1) p.36 Galileo p.5 EINSTEIN Einstein Postulates (1) p.5 Plagiarist p.38 Clock slowing (1) p.6 Mileva effect p.41 Clock absurdity (1) p.8 Eclipse Show (2) p.43 "Paradox" p.10 Zionism p.44 Clock absurdity (2) p.10 USA visit p.44 Twin absurdity p.11 Great Relativity Battle p.46 Twin "explanations" p.11 2+2=5 p.49 Naturewissenschaften p.12 The mind p.50 In spite of .. -
Onetouch 4.6 Scanned Documents
THE THOMAS JEFFERSON INSTITUTE announces a summer conference on THE INTELLECTUAL FOUNDATIONS OF A FREE SOCIETY to be held on the campus of the University of California, San Diego, August 6-21, 1983. The Thomas Jefferson Institute has been created to advance and disseminate the philosophical and scientific knowledge that is necessary to the existence of a free society. Accordingly, the Institute's primary mission is the further development, application, and teaching of the ideas of the pro-reason, pro-individualist philosophers and the pro-freedom, pro-capitalist economists. Thus all of its activities and programs feature the relevant ideas of Objectivist and Aristotelian philosophy and of "Austrian" and classical economics. PRESIDENT VICE PRESIDENT SECRETARY-TREASURER George Reisman, Ph.D. Edith Packer, J.D., Ph.D. Jerry Kirkpatrick, M.B.A. The following is a list of the Conference Faculty and the subjects they will discuss: • Leonard Peikoff, Ph.D., 8 lectures elaborating on themes from his book The Ominous Parallels. • George Reisman, Ph.D., 8 lectures on the institutions and functioning of capitalism. • Robert Hessen, Ph.D., 4 lectures on historical myths about capitalism. • John Ridpath, Ph.D., 4 lectures on the history and significance of the concept of individual rights. Plus one lecture each by: Petr Beckman, Ph.D., on the undermining of the free market; Bernard Siegan, J.D., on economic liberties and the Constitution; Harry Binswanger, Ph.D., on limited government vs. anarchism; Edith Packer, J.D., Ph.D., on the psychological requirements of a free society; Peter Schwartz, M.A., on foreign policy; Arthur Mode, M.D., on Thomas Jefferson; and special guest lecturer Dr. -
Middlesex University Research Repository an Open Access Repository Of
Middlesex University Research Repository An open access repository of Middlesex University research http://eprints.mdx.ac.uk Tame, Chris R. (1998) Towards a science of liberty: reclaiming a tradition in classical liberal thought. [Doctorate by Public Works] Final accepted version (with author’s formatting) This version is available at: https://eprints.mdx.ac.uk/13480/ Copyright: Middlesex University Research Repository makes the University’s research available electronically. Copyright and moral rights to this work are retained by the author and/or other copyright owners unless otherwise stated. The work is supplied on the understanding that any use for commercial gain is strictly forbidden. A copy may be downloaded for personal, non-commercial, research or study without prior permission and without charge. Works, including theses and research projects, may not be reproduced in any format or medium, or extensive quotations taken from them, or their content changed in any way, without first obtaining permission in writing from the copyright holder(s). They may not be sold or exploited commercially in any format or medium without the prior written permission of the copyright holder(s). Full bibliographic details must be given when referring to, or quoting from full items including the author’s name, the title of the work, publication details where relevant (place, publisher, date), pag- ination, and for theses or dissertations the awarding institution, the degree type awarded, and the date of the award. If you believe that any material held in the repository infringes copyright law, please contact the Repository Team at Middlesex University via the following email address: [email protected] The item will be removed from the repository while any claim is being investigated. -
EXTENSIONS of REMARKS August 1, 1979 WALGREN, Mr
22040 EXTENSIONS OF REMARKS August 1, 1979 WALGREN, Mr. HAGEDORN, Mr. UDALL, Mr. "(A) arrays of design and manufacturing Army, Marine Corps, and Air Force above GRADISON, Mr. WYDLER, Mr. FRENZEL, Mr. know-how; the grade of colonel and on active duty in BENNET!', Mr. ENGLISH, Mr. EDWARDS Of "(B) keystone ma.nul'acturing, inspection, the Navy above the grade of captain is re Oklahoma, Mr. LUNGREN, and Mr. SMITH of and test equi·pment; and duced during such fiscal year below the Iowa. " ( c) goods accompanied by sophisticated total number of such officers on active duty H.R. 5010: Mr. NEDZI. operation, application, or maintenance know on October 1, 1978; and H.J. Res. 321: Mr. BEARD of Rhode Island. how, (B) during the period beginning on Oc H. Con. Res. 128: Mr. DASCHLE, Mr. Russo, which a.re not possessed by countries to tober 1, 1979, and ending on September 30, Mr. MCHUGH, Mr. FAZIO, and Mr. PATI'ERSON. which exports are controlled under this sec 1981, by a percentage equal to the percent H. Con. Res. 146: Mr. Kn.DEE. tion and which, if exported, would permit a age by which the number of commissioned H. Con. Res. 155: Mr. SCHEUER, Mr. BUR significant advance in a military system of officers on active duty in the Army, Marine GENER, Mr. LoNG of Maryland, Mr. HoRTON, any such country. Corps, and Air Force above the grade of Mr. RoUSSELOT, Mr. LEVITAS, Mr. YATRON, Mr. "(3) (A) The list referred to in paragraph colonel and on active duty in the Navy KOSTMAYER, Mr. -
Climate Change
2 0 0 8 INTERNATIONAL CONFERENCE ON CLIMATE CHANGE THE 2008 INTERNATIONAL C O N F E R E N C E O N CLIMATE CHANGE Can you hear us now? Global Warming is not a crisis! SPONSORED BY THE HEARTLAND INSTITUTE March 2 - 4, 2008 · New York1 City · The Marriott Marquis 2 0 0 8 INTERNATIONAL CONFERENCE ON CLIMATE CHANGE HOST COSPONSORS Alternate Solutions Institute Committee for a Constructive Tomorrow Instituto Liberdade Pakistan United States Brazil Americans for Prosperity Competitive Enterprise Institute International Climate Science Coalition United States United States Canada - Australia - New Zealand Americans for Tax Reform Congress of Racial Equality International Policy Network United States United States United Kingdom Asociacion de Consumidores Libres Discovery Institute Istituto Bruno Leoni Costa Rica United States Italy Association for Liberal Thinking Doctors for Disaster Preparedness JunkScience.com Turkey United States United States Business & Media Institute Economic Thinking Liberty Institute United States United States India Carbon Sense Coalition European Center for Economic Growth Lion Rock Institute Australia United Kingdom Hong Kong Capital Research Center Freedom Foundation of Minnesota John Locke Foundation United States United States United States Cascade Policy Institute Free Enterprise Action Fund George C. Marshall Institute United States United States United States Cathay Institute for Public Affairs Free Market Foundation Minimal Government Institute China South Africa Philippines Center for the Defense of Free Enterprise