Voluntary Exchange Sources

(Don Boudreaux) Tweet… there is an equal and opposite reaction. So says Newton’s Third Law of Motion. What is true in the physical world is very often true also in the social world. Extremism on the political left causes extremism on the political right; extremism on the...

It is amazing how many people seem to have discovered last Wednesday that riots are wrong — when many of those same people apparently had not noticed that when riots went on, for weeks or even months, in various cities across the country last year. For...

There are few works in the history of economics that may be truly considered “revolutionary” and “path-breaking,” in its starting premises, its logic, and its implications. But one that is in this category is Carl Menger’s Grundsätze der Volkswirtschaftsliche, his Principles of Economics in its...

(Don Boudreaux) Tweet… is from page 130 of Deirdre McCloskey’s and Alberto Mingardi’s superb 2020 book, The Myth of the Entrepreneurial State (original emphasis; footnotes deleted): After 1848, liberalism (or, as we call it not, classical liberalism) began to come under attack from enthusiasts for State...