M

Marginal productivity of labor, 141–42, 149, 152

Marginal utility, 36, 38–44, 180–81, 266, 270, 275, 278, 376

Marginalism, 404

Market competition, 22–25, 221

Market failures, 5, 15–18, 156, 306

Marxism/Marxist, 95–97, 117–38, 153, 368

Medium of exchange, 77–79, 91, 143–44, 151, 159, 175–204, 207, 248–49, 255

Mercantilism, 61, 140

Methodological anarchism, 349

Mexico, 105

vilitary, 56, 66, 105–07, 111–12, 134–35

Military domination, 134–35

Minarchism, 18, 395

Modern Theory of Colonialism, 69, 119–20

Monarchic autocracy, 67

Monarchy, 60

Monetarism, 199, 369

Monetary imperialism, 107–11, 135

Monetary policy, 162–63, 194

Money

and banking, 80, 84–95, 97–98, 153, 199, 229, 234

demand for, 145, 150–51, 159–60, 162, 173–74, 190, 202–04, 223, 236–47, 250–52, 267, 271, 360

fiat, 42, 81–84, 89–92, 175–204, 208, 233, 378

paper, 42, 90, 108, 164, 174–75, 184, 187, 190–94, 232–33, 242, 361–62

substitutes, 81, 90–91, 183–86, 191, 195, 197, 207–20, 222, 232–33, 235, 252

supply, 145, 150, 160–63, 172, 183, 190–200, 203, 212, 223, 237–40, 243–44, 251–52, 360

Monopolist/monopolistic, 18–27, 54, 65, 69, 80, 82, 84, 88–89, 98–99, 109, 118, 153, 187–94, 204, 225–27, 234, 306–07, 388, 391

Monopoly, 28, 89, 95–97, 106, 133, 153, 187–94, 225–27, 231, 234–35, 305–07, 388, 391

Monopoly prices, 305–06