Philosophy and Methodology

Displaying 41 - 50 of 2377

The Problem with Measuring "Consumer Sentiment"

Other Schools of ThoughtPhilosophy and Methodology

Blog07/03/2020

Information on consumer sentiment is potentially helpful, but only insofar as sentiment reflects the reality of the economic situation.

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Rothbard on Substitutionism

The Police StateWar and Foreign PolicyPhilosophy and Methodology

Blog06/26/2020

Rothbard has explained how it is wrong to equate what would be reasonable for a private protection agency with what is permissible for the state.

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The Forgotten Greatness of Rothbard’s Preface to Theory and History

History of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

Blog06/24/2020

Providing the opening for Mises’s great methodological work gave Rothbard the opportunity to set down his perspective on the importance of the praxeological method.

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Covid Lockdowns Crippled the Division of Labor, Setting the Stage for Civil Unrest

InterventionismPhilosophy and Methodology

Blog06/20/2020

The division of labor promotes peaceful exchange and continues peace. But this can all break down when governments intervene to prevent peaceful interaction and when government incompetence promotes violence.

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Does the Free Market Corrupt People?

Free MarketsPhilosophy and MethodologyPrices

Blog06/19/2020

Michael Sandel doesn't like capitalism. But he can't seem to manage an economic argument for why. He's content to claim that capitalism is morally corrupting, converting anticapitalism into a sort of pseudoreligious faith.

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Why You Should Read Human Action—Very Carefully

Philosophy and MethodologyPraxeology

Blog06/18/2020

Mises's Human Action is essential reading for any aspiring economist. But there can also be some pitfalls if we read it too casually.

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Mises and the Lockean Proviso

Philosophy and Methodology

Blog06/12/2020

"The natural condition of man is extreme poverty and insecurity. It is romantic nonsense to lament the passing of the happy days of primitive barbarism."

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The Importance of Economic Theory in Understanding Historical Data

Other Schools of ThoughtPhilosophy and Methodology

Blog06/08/2020

"History cannot teach us any general rule, principle, or law. There is no means to abstract from a historical experience a posteriori any theories or theorems concerning human conduct and policies."

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Why Socialists Love the Phrase "It's Not Real Socialism"

SocialismPhilosophy and Methodology

Blog06/01/2020

A big reason that socialist ideology has staying power is the tactic of blaming the many failures and disasters of socialist regimes on the alleged fact the regimes "aren't real socialism."

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