Many commentators (the majority of whom are not economists) blame the imminent crisis in the eurozone on malevolent speculators. I find it necessary to take up the cudgels on the traders' behalf and...
Malte Tobias Kahler
Malte Tobias Kähler writes for a German debating magazine called Novo Argumente. With a master's degree in political science from the University of Münster in Germany, he is currently participating in a postgraduate program in economics under Professor Huerta de Soto at King Juan Carlos University, Madrid.
Latest work
If one considers the relatively poor tools available for astronomical research in those days, Ptolemy's fallacy is excusable. But modern economic science is not free from this kind of error either.
The best way to supply the public with vaccines is the unhampered market, a market absent of any subsidy and absent of any obligation to get a "flu shot."
