One Lesson -- Documentation continued

Keynesianism has a bias against saving. "The Paradox of Thrift" (Wikipedia). Download here. Robert Blumen, "Hayek on the Paradox of Saving" (2008). Download here. Robert P. Mu... keep reading

Like a mirage, pricing inflation distorts our perception. Murray N. Rothbard, What Has Government Done to Our Money? (1964) Download here. Gary North, "Inflation: The Economics of Addiction&qu... keep reading

Competition among employers pressures every employer to pay full value for services rendered. Ludwig von Mises, "Wages and Subsistence" (1949). Download here. W. M. Curtiss, "Wages a... keep reading

They do for those members who can find jobs. Murray N. Rothbard, "Can Labor Unions Restrict Wages in a Free Market?" (1963). Download here Morgan O. Reynolds, "Labor Unions." ... keep reading

These establish price floors. Price floors create gluts -- in this case, unemployed workers. Gary North, "Minimum Wage Laws: a Litmus Test for Economists" (2014). Download here. Gary Nor... keep reading

With the exception of agricultural price supports, this intervention is pretty much dead. Even OPEC -- an international cartel of governments -- has retreated from the field because Saudi Arabia will... keep reading

This is the auction's principle: "high bid wins."... keep reading

"Parity" prices are price floors. They produce gluts. Robert L. Thompson, "Agricultural Price Supports." Download here. E. C. Pasour, "The Farm Problem and Government Farm ... keep reading

Tariffs are part of a system of intervention called protectionism. Gary North, "Clichés of Protectionism." Download here. David Starr Jordan, "The Moral Aspect of the Protecti... keep reading

President Truman disbanded the troops. He did not disband the bureaucrats. "Demobilization of United States Armed Forces After World War II" (Wikipedia). Download here. The U.S. civilian ... keep reading

The most prominent of these in the United States is mandatory extra pay for overtime. Lawrence Vance, "Overtime Pay and a Free Society" (2015). Download here. Christopher Westly, "W... keep reading

Capital increases output. Machinery is one form of capital. Gary North, "Why Robots and Software Will Not Take Over the World" (2014). Download here. Gary North, "Mises on the Ro... keep reading

TANSTAANT: "There ain't no such thing as a neutral tax." Murray N. Rothbard, Power and Market (1970). Download here. To return to my book, go here: http://bit.ly/CEIOL... keep reading

There are no free lunches. Anthony de Jasay, "The Seen and the Unseen. Part II. The Costly Mistake of Ignoring Opportunity Cost" (2005). Download here. John P. Cochran, "Infrastructur... keep reading

Destruction is not productive. "The True Costs of War" (2014). Download here. Costs of Major U.S. Wars (2010). Download here. "List of wars by death toll" (Wikipedia). Downloa... keep reading

Follow the money, backwards. Bastiat, "That Which Is Seen, and That Which Is Not Seen" (1850). Download here. Robert Murphy, "The Broken-Window Fallacy" (2012). Download here. ... keep reading