Other Schools of Thought

There is nowhere Marx is fuzzier or shakier than in the concept of historical materialism, the key to the inevitable dialectic of history.

What can we can learn from the early Austrian economists about the alleged decadence of Vienna in their time?

The central problem that confronts modern libertarian political theory is how to place limits on the number and kinds of intrusions in which government may engage — and how to ensure that it will confine itself to these limits.

War follows protection. Peace follows free trade. As David Ricardo said, “If you want peace, starve the government.”

Jesús Huerta de Soto is probably the most important Austro-libertarian thinker you're not reading.

Well look what happens if you actually call Krugman’s bluff and click on the link.

There is good reason to study Keynesianism: It helps us understand what the policymakers in government are likely to do in any given circumstance.

The broken-window fallacy, under a hundred disguises, is the most persistent in the history of economics. It is more rampant now than at any time in the past.

For Hayek, "The fools are those who believe they know more than they do."

Socialism has long led to pitting one group against another. But many younger taxpayers have yet to see the downside to this.