Other Schools of Thought

This socialist or communist doctrine of “class struggle” fails entirely to take into account the essential difference between the condi

Defending “methodological dualism” [the view that natural science and social science require different methods] from both its positivist critics an

Contrasts Chicago school’s focus on “macroeconomic variations of substantial size and frequency” with Austrian school’s focus on “market forces hid

The imposition of Colbert's regime of statism, monopoly, and prohibitive tariffs, combined with Louis XIV's high taxation and centralization, gave rise, by the late 1660s, to a growing tide of opposition by merchants and nobility alike.

"Within the Misesian-Hayekian framework, the only permanent solution to existing malinvestment is to allow its liquidation and the readaptation of the structure of production."

Recorded at Mises University 2010. Includes an introduction by Mark Thornton. 

The exercise of arbitrary or dictatorial power is, of course, the whole purpose and function of all those agencies, commissions, and czars.

The horror of starvation no longer terrifies men living in a capitalist society.

Setting your entire production structure on the whims and fancies of bureaucrats and politicians, based upon central-planning diktat quickly leads to economic chaos.

"Jefferson described the new judicial establishment as 'a parasitical plant engrafted at the last session on the judiciary body'."