Publisher's Synopsis
In this book the author presents principles of economics and uses them to draw further conclusions on law and morality. A substantial section of the book contains examples that illustrate the concepts propounded. Topics addressed in the book include:
- the determination of prices through supply and demand
- the relationship between profit and production
- the value of money
- inflation and deflation
- economic cycles and crises
- consequences of violence
- functions of the state
- law that maximizes prosperity