Calculation and Knowledge

Displaying 51 - 60 of 691
Per Bylund

While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.

John Kennedy

Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.

Martin George Holmes

Politicians promise economic miracles, but in the end they waste resources and engage in economic destruction. Newfoundland is a case study.

Ovidiu Tanjala

Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.

Antony P. Mueller

Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy.

David Gordon

Wendell Berry is hardly Rothbardian in his economic and social outlook. His new book, however, has its Murray Rothbard moments.