The various sources of error that come into play in the social sciences suggest that the error in economic observations is substantial. Morgenstern shows that the solution of a system of economic mathematical equations or econometric models is, due to the quality of the data, completely devoid of meaning.
"Beyond his brilliant writing style, Mencken's great contribution was his courage to write what he thought."
By serving customers as an entrepreneur, or following in Murray's footsteps as a scholar and teacher. Austrian economics is the intellectual backbone for the freedom movement.
For many years, I’ve been pointing out that the entire mass of the earth, from the upper limits of its atmosphere 4,000 miles straight down t
Your high-publicity stunts before Congress, at the National Academy of the Sciences, the IPCC, and in the press will put you directly in the crosshairs of just such a maniac, I fear, especially if you don't quit while you're ahead.For the sake of science, Dick, for the sake of collegiality, for your own sake, give it a rest. You know as well as I do that the issue isn't global warming. The issue is what side of the bread our butter is on.
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.
