Other Schools of Thought

It's a bit odd for the economics profession right now to be celebrating two scientists for their work in helping policymakers steer the macroeconomy.

The protest movement  is actively supportive of powerful interests that benefit from the status quo.

Many demands are being made, but sadly, if these were ever implemented, they would make problems worse by lowering the standard of living for all — especially for the poor! I will proceed to address some of the demands in plain English, hoping to reach out to them.

If Bryan represented the "people" versus the "interests," why did Bryan lose and lose soundly, not once but three times?

Just as the interventions of the Hoover administration in the early 1930s led to a massive increase in government under the New Deal and the abandonment of the gold standard, so too have the "stimulus" packages gotten us to the point where raw money printing is a policy option.

Robert Lucas misses two important reasons why government/Keynesian stimulus schemes fail miserably.

Mises and Hayek are widely considered the most eminent liberal thinkers of the twentieth century. But, there are differences in their two legacies.

It's important to spell out exactly why she's wrong, because her viewpoint is gaining traction among the progressive Left.

The Chinese economic miracle is nothing but a redder version of Keynesianism.

Chartier amasses point after point in his relentless case against the state.