The Myth of the Magical Multiplier
These days, writes Frank Shostak, it is commonly accepted that the motor of the economy is overall demand for goods. Hence the growth of an economy is dependent on the strength of this motor.
These days, writes Frank Shostak, it is commonly accepted that the motor of the economy is overall demand for goods. Hence the growth of an economy is dependent on the strength of this motor.
The Huntsville Times was prompted by Bill Gates’s good comments on education to interview others on the topic, and I was among them.
Lew Rockwell writes on how to square universal rights with radical decentralism in politics and globalization in economics.
For roughly the first three quarters of the nineteenth century, the "liberal school" thoroughly dominated economic thinking and teaching in France and US—particularly those economists who are today recognized as the forerunners and early exponents of marginalist economics.
(1995) Marshall Studies Bulletin 5: 41-50.
Mises Institute, 2001, essay on the occasion of the 200th anniversary of his birth.
The purpose of this essay is to discuss and celebrate the life and work of one of the great creative minds of our century.