“The Mystery of the Marginal Pairs” by Daniel James Sanchez
In any given market for a good, there will always be four people whose valuations put them in a special position. Böhm-Bawerk called these four people the "marginal pairs." It is these marginal pairs that directly determine prices. In this article, I will walk the reader through how this occurs.
“The Pagan View” by Henry Grady Weaver
Most human beings cling to the ancient superstition that they are not self-controlling and not responsible for their own acts.
Mises Daily: Friday, February 10, 2012
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