While Austrian and feminist critiques of neoclassical economics have some similarities, they also differ strongly on important points. Feminist critiques are based upon what Mises called polylogism, while Austrian critiques are based upon praxeology.
Connor O'Keeffe joins Bob to discuss the recent antisemitism bill and why we should be defunding universities.
It was a fundamental mistake . . . to interpret economics as the characterization of the behavior of an ideal type, the homo oeconomicus. According to this doctrine economics does not deal with the behavior of man as he really is.
Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.
Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory.
"Carl Menger’s writings are the closest to Randian doctrines that have ever emanated from any economist. It will follow that we should read and reread his great books."
According to Marx, all ideas represent class-based interests, leaving no room for objective truth. The problem is that Marxists claim to hold to objective truth, but manage to contradict themselves.
A discussion of the 1974 South Royalton Conference on Austrian Economics by those who attended.
The Methodenstreit between the Mengerian Austrian School and the German Historical School needs to be rejoined. Mainstream economists are embracing the historicist approach, which is not real economics at all.
Henry Hazlitt’s The Failure of the New Economics remains the best criticism of J.M. Keynes’s General Theory.
