Other Schools of Thought

Did a monetary miracle occur in a small town in Austria in the midst of the Great Depression?

Labor unions operate in <em>diametric opposition</em> to the interests of wage earners in general.

Christmas caroling with Hayek, Keynes, Say, and Malthus.

The word <em>liberal</em> has clear and pertinent etymological roots grounded in the ideal of individual liberty.

According to Karl Marx, the motor of the inevitable revolutions in history is inherent class conflict, inherent struggles between economic classes.

One of the strangest commercial successes to rise from YouTube is the <i>Epic Rap Battles of History</i>.

Marx desperately sought a materialistic dialectic of history that would account for all  historical change and lead inevitably to communist revolution.

Marx not only sought a future society that would put an end to history: he claimed to have found the path toward that utopia.

John Kenneth Galbraith is increasingly perceived as a misunderstood thinker whose insights were ahead of their time and whose work was too hastily dismissed.

Although, to his credit, Allison calls for a systematic move to "pure" capitalism, his move falls short of this laudable goal.