"High-Frequency Trading: Menger vs. Walras" by John Paul Koning
While Carl Menger and Léon Walras simultaneously discovered the principle of marginal utility, their ideas about the nature of market prices are very different. Let us use as our example the modern-day phenomenon of high-frequency traders and the digital tracks they leave.
"The Rise of Imperialism in Virginia" by Murray N. Rothbard
The tiny colony was apparently not too young to have "foreign affairs"; and, indeed, it learned all too quickly the ways of interstate relations.
Source link: http://archive.mises.org/21362/mises-daily-thursday-march-08-2012/
Mises Daily: Thursday, March 08, 2012
Previous post: Mises Daily: Wednesday, March 07, 2012