Other Schools of Thought

It was once an economic powerhouse, feared by the U.S., but Keynesian-style macroeconomic planning led to its undoing. William Anderson explains how and why it happened.

Thomas Sowell's new introductory text has its strengths, and texts that are friendly to the free market are too rare. Still, Austrian reviewer Gene Callahan has some reservations.

Why do economists disagree on how to handle downturns? Chris Westley explains that some believe the market works and others do not.

There is no “new economy” any more than the “New Economics” of the 1960s had solved the problems of the business cycle, as its promoters had claimed. Bill Anderson explains why.

Contrary to mainstream theory, mathematics is not a fruitful means by which to understand real-world human action, writes Gene Callahan.

Frank Chodorov proposed a sure fix for every case of waste, fraud, and abuse in government: abolish the program. William Stepp explains.

The latest Marxist attack on free-market intellectuals is unhinged from the most minimal demands of truth-telling.

What is it about Canada that the United Nations loves so much? Adam Young investigates.

The New York Times trumpets a new theory of economics (actually a very old one) that yields predictably interventionist conclusions. Tibor Machan responds.

Lincoln’s main objective was protectionism for Northern manufacturers and the creation of a massive spoils system, writes Thomas DiLorenzo