Mises Institute

The Conclusion to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 393–398 in the print edition.

Explore the pivotal role of side-effect goods in driving economic growth and the spontaneous creation of services in market exchanges. Delve into Aristotelian justice, emphasizing fairness in resource distribution and the importance of quantitative equality. Gain insights into market exchanges through the lens of value equality, addressing the significance of property rights. Examine labor as a measure of value, critiquing exploitation within capitalist systems. Finally, uncover how positive externalities contribute to market functionality, challenging traditional economic perspectives.

Part Two: Gratuitous Goods in a Free Economy Chapter 8 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 247–260 in the print edition.

This discussion uncovers the emotional reasons behind charitable giving, highlighting the role of love and family in motivating generosity. It contrasts the idealistic versus utilitarian views of friendship, showcasing how genuine relationships influence altruistic behaviors. The podcast also delves into the complexities of gift-giving and how cultural perceptions shape acts of kindness. Additionally, it examines the impact of inheritance on economic inequality, raising questions about fairness and moral implications in wealth distribution.

The Introduction to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 1–28 in the print edition.

Part Three: Gratuitous Goods and the State Chapter 10 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 291–332 in the print edition.

Part Three: Gratuitous Goods and the State Chapter 11 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 333–364 in the print edition.

Discover the fascinating world of gratuitous goods, defined as items obtained without monetary exchange. The discussion dives into the importance of social relationships and justice within these transactions. Explore self-ownership and private property rights, along with the intricate dynamics of gift-giving across cultures. Delve into the universal craving for free goods, linking it to economic principles and societal structures. Finally, examine the dual nature of gratuitousness, contrasting human desires for unearned benefits with the moral implications of disregarding obligations.

Part Three: Gratuitous Goods and the State Chapter 9 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 261–290 in the print edition.

Two reasons why Trump won't/can't get rid of the IRS: 1. It's political suicide to get rid of payroll taxes. 2. Tariff revenue isn't nearly enough to fund the federal government at the levels the welfare/spending-addicted voters demand. Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL