An Austrian Economist Reports From a Mainstream Economics Conference
Christopher Westley reports from this year’s National Association of Business Economists Convention.
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An Austrian Economist Reports From a Mainstream Economics Conference
Christopher Westley reports from this year's National Association of Business Economists Convention. He finds that the mainstream's intellectual blinders are firmly in place, and that the “fatal conceit” Friedrich Hayek wrote about in 1988 is alive and well in 2014.
Money and Socialism
How is socialism related to money? Money should be produced just like other goods through free markets. Central banks should not be controlling money, banking and credit.
An Examination of Key Factors in the Collapse of the Soviet Union
The Henry Hazlitt Memorial Lecture, sponsored by James M. Rodney, presented at the Austrian Economics Research Conference.
States, Cartels, and the Anarcho-Capitalist Opposition
If, for good reason, we generally distrust the concentrated power wielded by coercive monopolies, we ought to avoid at all costs placing more power in the state, the ultimate embodiment of monopoly.
Tax Cuts Are Only for the Powerful
Politicians tell us that tax cuts aren't necessary for economic growth. But when a politically-powerful company offers to move to town and hire people, the politicians fall all over themselves to offer a tax cut. Ordinary business owners, meanwhile, get no such offers.
War Guilt in the Middle East
The trouble with sectarians, whether they be libertarians, Marxists, or world-governmentalists, is that they tend to rest conten
Frank Meyer on the Communist Bogey-Man
Frank S. Meyer is by far the most intelligent, as well as the most libertarian-inclined, of the National Review stable of editors and staff.
Economic Science and Neoclassicism
Caplan arrives at the startling conclusion that the Austrian approach, despite the efforts, is less realistic than the neoclassical approach that flourished in the age of benign neglect for realism.
Review of On Classical Economics by Thomas Sowell
Thomas Sowell is probably best known for his studies of ethnic relations and economics and for his policy oriented works, aimed at a wide popular audience, e.g., Conquests and Cultures: An International History (1998) and Basic Economics: A Citizen’s Guide to the Economy (2004). His Knowledge and Decisions (1980), which earned the praise of F.A. Hayek, showed him to be a gifted theorist as well; and, in On Classical Economics , this versatile author makes a valuable contribution to the history of economics.
