James C. W. Ahiakpor

james.ahiakpor@csueastbay.edu

Related Freeman Articles

Anything Peaceful

The Economics of the Corn Dog: Correcting a Misattribution to Adam Smith

MARCH 26, 2014 by JAMES C. W. AHIAKPOR

Adam Smith used labor as a measure of value rather than value's determinant. Karl Marx also did not use the quantity of labor employed in production as the determinant of market prices.

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September 2014

For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited our social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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