ADVANTAGES OF NON-PROFIT-MAKING ASSOCIATIONS OVER EXCLUSIVELY MERCANTILE COMPANIES 

ADVANTAGES OF NON-PROFIT-MAKING ASSOCIATIONS OVER EXCLUSIVELY MERCANTILE COMPANIES  The free market economy took an excessively firm stand over the selfishness of all economic factors that allowed, through mechanisms never fully explained, the functioning and success of general interest. One of the attacks on the market economy is derived from the extremely selfish profit-making dealt with… Continue reading ADVANTAGES OF NON-PROFIT-MAKING ASSOCIATIONS OVER EXCLUSIVELY MERCANTILE COMPANIES 

SUR LE CONCEPT DE DEVÉLOPPEMENT

SUR LE CONCEPT DE DEVÉLOPPEMENT Il convient de répéter que la valeur économique, comme relation, est une ordonnance d’une chose à une autre. Une ordonnance,  en définitive, d’une chose à l’homme, à ses besoins, à ses objectives. La valeur de quelque chose ne doit pas être autre que celle de se diriger à son terme… Continue reading SUR LE CONCEPT DE DEVÉLOPPEMENT

LE ROLE SOCIAL DU MONDE FINANCIER

LE ROLE SOCIAL DU MONDE FINANCIER        Sur les marchés, à travers de l’échange volontaire, des améliorations subjectives se produisent continuellement dans les différentes distributions de biens entre les agents. Le marché favorise les processus des valeurs à somme positive, c’est-à-dire, orientés aux objectifs initiaux de chaque agent qui prend ces propres décisions.… Continue reading LE ROLE SOCIAL DU MONDE FINANCIER

THE WOODWORM OF GOVERNMENT EXPENDITURE

THE WOODWORM OF GOVERNMENT EXPENDITURE Among the trends of the last ten General Budgets, the increase in government expenditure along with the consequential necessity of raising taxes stands out for its volume and repeated continuity.  These substantial increases in collection have not been enough to level off expenditure, meaning that, also with obstinate repetition throughout… Continue reading THE WOODWORM OF GOVERNMENT EXPENDITURE

THE SHOEMAKER SHOULD STICK TO HIS LAST

THE SHOEMAKER SHOULD STICK TO HIS LAST Firmly establishing beforehand my deep respect for priests, I have to admit that sometimes, when attending a religious ceremony and I begin to hear the Economy being spoken about from the lectern of the temple, I begin to look around restlessly, I grind my teeth and symptoms of… Continue reading THE SHOEMAKER SHOULD STICK TO HIS LAST

LA “MANO INVISIBLE” SIEMPRE NUEVA

LA “MANO INVISIBLE” SIEMPRE NUEVA Enclaustrada en el capítulo II de La riqueza de las naciones, dedicado a las motivaciones de la división del trabajo -y en relación con ella- se encuentra explícitamente formulada la teoría de la mano invisible que, según la interpretación más extendida y que considero errónea, a través de la búsqueda… Continue reading LA “MANO INVISIBLE” SIEMPRE NUEVA

ECONOMIC ACTIVITY: FREEDOM AND PROPERTY 

ECONOMIC ACTIVITY: FREEDOM AND PROPERTY  The universal economic task consists of applying human action to the resources and means at our disposition, whether they be scarce or abundant, to guide and order them towards the thorough execution of our immediate, mediate and ultimate objectives. Applying human action is nothing more than working; and applying it… Continue reading ECONOMIC ACTIVITY: FREEDOM AND PROPERTY 

A POLITICAL REBIRTH

A POLITICAL REBIRTH I had in mind and half written several articles that I believed could be interesting for the readers of Diario16. However, the theoretical interest for the presumed importance of my ideas was relegated quickly to its fair terms when reading the masterful triad of the professor Jiménez de Parga last Wednesday, Thursday and… Continue reading A POLITICAL REBIRTH