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  • Bending Over Backwards

    Bending Over Backwards I’m constantly bending over backwards explaining to the Keynesians how clueless they are but a particular fallacy that spans beyond Keynesianism is the backward bending supply curve of labor. Conventional economics states that in most industries as...
    Posted to Economics Questions (Forum) by Lawrence on Sun, Aug 21 2011
  • The disutility of labor; a category of action

    Mises in Human Action: “The disutility of labor is not of a categorial and aprioristic character. We can without contradiction think of a world in which labor does not cause uneasiness, and we can depict the state of affairs prevailing in such a world. But the real world is conditioned by the disutility...
    Posted to Economics Questions (Forum) by Lawrence on Fri, Jul 22 2011
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