Other Schools of Thought

I say to Judge Posner, look to Hayek on the business cycle, the way you did on law and economics.

The Austrian School has always had a rich conception of the structure of production.

A passport — a sign and seal of despotism — is where the security theater begins.

Keynes never provided a well-thought-out argument, much less real evidence, for showing why stimulus would work.

Believe it or not, there are a few things worse than the state.

Resolved: Government Spending Can Play an Important Role in Boosting Economic Growth. 

Unemployment, stagnant growth, and financial market convulsions can all be traced to a single decision.

David Graeber's new book allegedly destroys the standard account of the origin of money. If correct, Graeber's views would prove embarrassing to the Austrian School, because it was Carl Menger who developed the first systematic explanation for how people went from barter to a full-blown monetary economy.

Strangely, Canada finds itself at the most pro-market limit of the political spectrum.