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Von Mises' Law of Association and the Case for the Free Market

Manuel Ayau

Presented at: TJS 1987

Date: Aug 02, 1987

This lecture presents the Law of Association, which when applied to international trade is known as the Law of Comparative Advantage, as a major foundation of the mutual gains inherent in free exchanges, a major coordinating principle of the economic activities of individuals in a free market, and a principal basis for opposing government interference in the economic system.


Parts: 1

Handout: none


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