Praxeology- Economic Progress

Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small elite.“- Ludwig von Mises

Praxgirl‘s series continues as she explores the concepts of economic progress.

http://www.youtube.com/praxgirl

To continue the series, follow the link. https://hessenflow.wordpress.com/2012/05/26/praxeology-market-prices/

Advertisements

About Christopher Hessenflow

Christopher Hessenflow is a financial planner in the Chicago area. He works with all sorts of people who are much more interesting than he is. He enjoys his career which lends him time to think and, sometimes, be creative. Chip was born bald.
This entry was posted in Learning Praxeology. Bookmark the permalink.

One Response to Praxeology- Economic Progress

  1. Pingback: Praxeology- Entrepreneurship | Practical Praxeology

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s