The image of Bastiat's school that has been handed down in the Anglo-American doctrinal literature is one that has been deliberately distorted by its doctrinal enemies and is in desperate need of extensive revision.
Without Lenin's political successes, Marx's writings would have been forgotten long ago.
Marxism was never a good idea "in theory." As Mises explained, it is a mess both in theory and in practice.
Letting data drive theory is like groping in the dark hoping to find not only a light switch, but the very idea of a light switch as well.
One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.
The present paper clarifies ambiguities from earlier discussions of whether Garrison’s usage of “secular growth” is more likely to resonate with a neoclassical or Austrian reader.
The fundamental concept of the Communist Manifesto was that of “class” and “class conflict.” But Marx didn’t say what a “class” was.
Robert Reich isn't interested in economics. His pronouncements are simply clarion calls to destroy wealth and spread poverty.
