Other Schools of Thought

Here we discuss briefly Mankiw’s ten principles of economics and offer a critique of these principles à la the Austrian School of economics.

This paper contrasts mainstream analysis of the recent boom/bust episode and its massive interventions with Austrian business cycle theory (ABCT). 

Libertarianism -the political philosophy based on the concept of individual rights -seems to be an inherently clear, unambiguous position.

A major point of dispute among libertarian theorists and thinkers today as always revolves around the age-old question of whether man can live in t

For industry to be operated effectively, it is necessary that those in charge be able to perform “economic calculation.” It does not ma

Adam Smith’s “invisible hand” sometimes works in such marvelously subtle ways that it remains nearly invisible even to economists

The most obvious and widely shared criticism of anarchism is that it is, quite simply, impractical.

The consubstantiality of liberalism and democracy has become a modem religious dogma.

There exists today in Anglo-American economics a veritable “conspiracy of silence” regarding the works and achievements of the French L

When analyzing election results, the Libertarian Party and other elements of the movement focus usually on the LP’s current political star in