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The Libertarian Angle: History of Economic Thought, Part 3

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Each week, FFF president Jacob Hornberger and Richard M. Ebeling discuss the hot topics of the day. In the third installment of this series, Hornberger and Ebeling discuss the perfect-competition model of economic thought that developed from the marginal-utility, subjective-value principles of William Stanley Jevons and Leon Walrus.

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The Future of Freedom Foundation was founded in 1989 by FFF president Jacob Hornberger with the aim of establishing an educational foundation that would advance an uncompromising case for libertarianism in the context of both foreign and domestic policy. The mission of The Future of Freedom Foundation is to advance freedom by providing an uncompromising moral and economic case for individual liberty, free markets, private property, and limited government.