6. The Economics of Modernism
Modernism was a reaction to mass culture and totalitarianism government support. Are artists better off being shielded from markets and commercial pressures? There are pluses and minuses to commercial systems.
Modernism was a reaction to mass culture and totalitarianism government support. Are artists better off being shielded from markets and commercial pressures? There are pluses and minuses to commercial systems.
There was a conflict between patronage and the market in music, as reflected in the book, Quarter Notes and Banknotes. The classical music tradition is traced back to Paris. The Court of Burgundy in the 14th and 15th Century begins to get interesting.
In recent years there have been growing complaints over slow growth in wages compared to profits.
On occasion I’ll see someone try to smooth over the Mises-Hayek “dehomogenization” debate which argued whether and to what extent
Economic science per se cannot establish ethical statements. The problem of 'welfare economics' has always been to find some way to circumvent this restriction on economics….The free market is the name for the array of all the voluntary exchanges that take place in the world.
One truism has never been successfully challenged: Government interventions lead to a less efficient, less well-ordered society.
You hear it from them all the time; teachers just want a fair wage. Oh, well who doesn’t?
The reaction to my article on the United Automobile Workers and GM , confirms how many people—namely, 
Reading the thread on global warming below, I see a common mistake that pops up in a lot of arguments at the intersection of science and policy.
Hans-Hermann Hoppe explains the neglected role of insurance in a free market economy. Any insurance involves the pooling of individual risks by the market, a task the state can only distort.