Archive for Edward C. Facey
Zoning Laws
Dr. Facey is Assistant Professor of Economics at Hillsdale College in Michigan. All men on earth are ceaselessly striving to substitute more suitable conditions, as they view them, for the ones currently confronting them. They trade means for ends because they value the ends more than they do the means. A land developer expends means, [...]
1Jun1981 | Edward C. Facey | 0 comments | ContinuedReasoning in Economics
How the science of human action grows logically from man’s nature as a rational being.
1Jan1978 | Edward C. Facey | 0 comments | Continued-
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JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More
