It is easy to oppose Israel’s massacre in the Gaza Strip. Just watch a few horrifying videos. What is not easy is understanding the price system, its prerequisites — private property and free exchange — and its benefits for mankind, including civil peace.
The Praxeology of Conspiracies
The starting point of praxeology, i.e., the logic of human action, is a self-evident truth. As economist Ludwig von Mises noted, this truth is “the cognition of the fact that there is such a thing as consciously aiming at ends.” Praxeology describes the invariant...
