Much of the World’s Oil Is Owned by Governments. There’s No Good Reason for This.
How do we view government ownership of natural resources? Can a homesteading case be made for it? Usually not.
Philosophy and Methodology
Displaying 231 - 240 of 2664
Deneen on Elitism
Patrick Deneen not only misunderstands John Stuart Mill, but he also misunderstands libertarians, claiming they are elitists who believe the world should be ruled by experts.
Assumptions Matter Both in Economics and in the Real World
One of the standard doctrines of mainstream economics is that the assumptions of a model do not have to reflect reality. Austrian economics vociferously disagrees.
Why Do We Act against Our Self-Interest?
Rational choice theory claims that people in the political realm act in their own self-interest. However, in today's political climate, many people act against their own interests to avoid being attacked by others.
Misreading Mill
Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion.
Don’t Get on the Nationalist Bus
Like so many others in the "national greatness" movement, Christopher Buskirk understands some of the problems the country faces but fails to grasp the solutions.
Rothbard on Utilitarianism
Modern mainstream neoclassical economics is constructed on utilitarianism. Murray Rothbard challenged that worldview on many fronts.
Econometric Models Cannot Fulfill the Role of an Economics Laboratory
In their desire to make economic theory emulate physical sciences, economist create models that do not reflect genuine human action.
There’s No Place like Noam
Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals.
Don’t Get on the Nationalist Bus
Like so many others in the "national greatness" movement, Christopher Buskirk understands some of the problems the country faces but fails to grasp the solutions.
