Other Schools of Thought

Displaying 1 - 10 of 1838

Sorry, Stiglitz: It’s Socialism That’s Rigged — not Capitalism

Capital and Interest TheoryOther Schools of Thought

Blog11/14/2018

Ever since winning the Nobel Memorial Prize in “Economic Science” in 2001, Joseph Stiglitz has been a one-man advocacy band for growth of the state.

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The Problem with Prescriptive "Rationality" in Economics

Calculation and KnowledgeOther Schools of Thought

Blog10/18/2018

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?

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Old Wine in Old Bottles? A Nobel for Clever Packaging?

World HistoryOther Schools of ThoughtPhilosophy and Methodology

Blog10/17/2018

The Nobel committee this year showed that it has embraced clever economic modeling as a replacement for scientific progress.

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The Market Isn't a Schoolmarm: The Austrian School versus Chicago

Other Schools of ThoughtValue and Exchange

Blog10/12/2018

Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.

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Nobel Committee Pushes Environmental Regulation with its Latest Winners

Other Schools of Thought

Blog10/08/2018

Unfortunately, the economics Nobel this year neglects the problems at the heart of the State — the government failures that pollute and impoverish.

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Austrians vs. Market Monetarists on the Housing Bubble

Booms and BustsBusiness CyclesOther Schools of Thought

Blog10/05/2018

The Austrian story fits the facts of the housing boom—and bust—much better than the preferred narrative of Market Monetarists.

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Krugman Kontradictions

Big GovernmentMedia and CultureOther Schools of Thought

Blog10/04/2018

Besides the fun of catching Krugman in his flip-flops, his record shows just how weak the empirical case for Keynesian fiscal policy is.

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Frank Fetter and the Austrians

BiographiesHistory of the Austrian School of EconomicsOther Schools of Thought

Blog09/20/2018

Fetter is mostly neglected today, but he had a powerful influence on practically every Austrian economist in the first half of the 20th century.

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Nazis Were Not Marxists, but They Were Socialists

SocialismWorld HistoryOther Schools of Thought

Blog08/28/2018

Mises showed that the distinctions between Marxist and "Anti-Marxist" socialists are on the surface. Economically, they are united.

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