Economics Is Not Rocket Science — It’s Even More Complicated
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.
The history that didn't happen can be just as interesting as the history that did.
Some propositions need only to be stated to become at once evident to the self, and the action axiom is just such a proposition.
Hunter Lewis presents an important view of morality, derived from Hume, Mises, and Hazlitt.
Eric Posner and Gen Weyl's diagnosis of economics is accurate, but their cure is worse than the disease.
Economics and language as fields of study overlap in ways that give economists a legitimate interest in both.
The image of Bastiat's school that has been handed down in the Anglo-American doctrinal literature is one that has been deliberately distorted by its doctrinal enemies and is in desperate need of extensive revision.
Without Lenin's political successes, Marx's writings would have been forgotten long ago.
Spooner would have defined today's drug war advocates as those who “usurp absolute control over the minds and bodies of their fellow men.”
Acting to promote power political interests does not meet the criterion of humanitarianism, even if the missile attack is defended as a humanitarian gesture.