In Lawson’s view, mainstream economics is not a successful discipline. He does not, in analogy to Bhaskar, ask how is existing economics possible? To do so in his view would not generate results of interest.
Even if markets can somehow better anticipate the outcome, writes B.K. Marcus, prediction markets will not achieve their full potential until they incorporate the power of profit-seeking self-interest.
Gertrude Himmelfarb is an intellectual historian of great distinction. She has specialized in British nineteenth-century history; and her book on Lord Acton, her study of nineteenth-century thought on poverty,
In the days following the September 11 attacks on the World Trade Center and the Pentagon, many Americans reacted with panic.
Here is a group of prominent mainstream who got together to solve all the world’s problems in an efficient fashion.
A dispute lead to a power grab, which led to the monopolization of power, which led to a king. Then a much worse step was taken, writes Walter Block.
Even the most useful, most sophisticated models are only skeletal images of some full experience, writes Gene Callahan.
Is the state’s power of eminent domain necessary in a free society? Walter Block and Richard Epstein debate the topic.
