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Source link: http://archive.mises.org/21204/mises-daily-tuesday-february-28-2012/

Mises Daily: Tuesday, February 28, 2012

February 28, 2012 by

“Responsibility and Private Property” by David Greenwald

Where there has been neither force nor fraud, the accumulation of wealth (profit) is the reward for the responsible use of resources in social production, and it is allocated not arbitrarily by ruling elites but voluntarily and in precisely the desired proportion by all members of society in their capacity as consumers.

“Ends and Values and the Law of Marginal Utility” by Murray N. Rothbard

Each physical unit of a means that enters into human action is valued separately.

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