Other Schools of Thought

Displaying 41 - 50 of 1999

Why So Many Scholars Are Wrong About Consumer Psychology

EntrepreneurshipOther Schools of ThoughtValue and Exchange

Blog12/19/2019

The idea that people are driven by fear of losses more than they are by the potential for gain has attained a sort of dogmatic adherence among behavioral economists. But there's a problem: the theory isn't true.

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The Economic Consequences of the Peace: 100 Years Later

War and Foreign PolicyWorld HistoryOther Schools of Thought

Blog12/16/2019

John Maynard Keynes's stance on German reparations in the wake of the First World War may have precipitated the rise of Hitler.

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The Nobel Laureates Are Wrong: Of Course Financial Incentives Matter

Austrian Economics OverviewOther Schools of ThoughtValue and Exchange

Blog11/23/2019

There is a growing drumbeat from some high-profile economists to reassure Americans that large increases in income and wealth taxes won’t distort labor markets. Yet much of their arguments are very misleading.

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Austrian School vs. Law & Economics on Air Pollution

The EnvironmentOther Schools of Thought

Blog11/01/2019

The standard Austrian approach to air pollution and regulation rejects the bean-counting of winners and losers, and instead embraces a property rights approach.

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Why Austrian School Economists Have a Better Understanding of Goods and Services

Austrian Economics OverviewOther Schools of ThoughtValue and Exchange

Blog10/24/2019

What makes a good a good is not the physical thing itself, but the value we find in it because it is serviceable toward some valued end.

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Austrian School vs. “Law & Economics" on Product Safety

Bureaucracy and RegulationOther Schools of Thought

Blog10/11/2019

A look at the differences between the Austrian School and the "Law & Economics" tradition, with respect to product safety regulation.

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Rothbardian Welfare Economics

Free MarketsOther Schools of ThoughtPhilosophy and Methodology

Blog09/24/2019

Rothbard’s work on welfare economics probably ranks among his least-known achievements, but it is truly a tour de force and another tribute to his great originality and talent as an economist.

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Why a Prominent Economist Abandoned His Support for Carbon Taxes

The EnvironmentTaxes and SpendingOther Schools of Thought

Blog09/10/2019

Activists who genuinely believe the world faces catastrophe should give serious consideration to David Henderson’s reasons for thinking a carbon tax might be a false “solution."

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Keynesian Economists Ignore Say's Law. We're Paying the Price.

World HistoryOther Schools of ThoughtPhilosophy and Methodology

Blog09/03/2019

By advocating an increased monetary role for the state, Keynes has made the credit cycle considerably worse and more destabilising.

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Hayek Was Right, Keynes Was Not An Economist

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology

Blog08/29/2019

The General Theory is not a book explaining economics to his followers at all, but a propaganda tool to lead them to his vision of a non-Marxist socialist nirvana.

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