Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?
Ball’s Bluff evolves from a “slight demonstration” into a small-scale battle, and claims the life of one of President Lincoln’s closest personal friends.
The historic contribution of Mises was represented not so much by the magisterial works that he produced in 1912, or 1922, in 1933, or 1940 — as by his courageous, lonely vigil during the arid decades of the 1940s, 50s and 60s.
