Libertarian Paternalism
David Gordon reviews Nudge, co-written by Richard Thaler, who was awarded the 2017 Nobel Prize in economics.
Other Schools of Thought
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George Orwell and the Cold War: A Reconsideration
What Garet Garrett called a "complex of vaunting and fear" has been the hallmark of the American Empire, and previous empires.
Keynes: A Master of Confused and Confusing Prose
A careful reading of Keynes's 'General Theory' suggests its unintelligible prose may be an effort to appear erudite while saying little of value.
Tyrants of the Mind and the New Collectivism
The ideology of “political correctness” is strangling the principle and practice of freedom of speech.
MacLean on James Buchanan: Fake History for an Age of Fake News
Nancy MacLean's history of a right-wing conspiracy inspired by economist James Buchanan relies on poorly reported and poorly interpreted history.
How Magical is the Keynesian Multiplier?
Real wealth comes from greater production and saving. More spending — especially when spurred by printing money — doesn't make us rich.
Marx: The Economist’s Economist
Marx's original thinking amounted to nothing more than equivocal statements, half-baked arguments, and crude claims unsupported by any empirical facts.
Bob Murphy: Where Monetarism Goes Wrong
Jeff Deist and Bob Murphy discuss monetarism, and the differences between the Austrian and Chicago schools.
William Baumol, RIP
Baumol leaves behind an influential body of research on numerous topics relating to entrepreneurship, innovation, and economic growth.
