32 pages--$5.95 (booklet)
The concept of the just price is the basis of a great deal of
erroneous economic thought that permeates our supposedly free market,
capitalistic society. In this lecture, Laurence M. Vance breaks the myth of the
just price and presents the biblical case for laissez faire. He argues that not
only is any price agreed upon between a willing buyer and a willing seller the
just price, that alone is what makes it the just price. It is therefore both
impossible and immoral for any governmental body to institute, regulate,
control, or recommend what is a just price. Laissez faire is natural, moral, and
biblical.
The text of the Lou Church Memorial Lecture in Religion and
Economics given by Laurence M. Vance on March 13, 2008, at The Ludwig von Mises
Institute's 2008 Austrian Scholars Conference held in Auburn, Alabama, on March
13-15, 2008.
