Libertarian Paternalism
David Gordon reviews Nudge, co-written by Richard Thaler, who was awarded the 2017 Nobel Prize in economics.
Philosophy and Methodology
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Cobden on Freedom, Peace, and Trade
Free trade cannot prevent war when men no longer believe in peace.
Ludwig von Mises: Defender of Capitalism
September 29, 2017 is the one-hundred-and-thirty-sixth anniversary of the birth of Ludwig von Mises.
“Liberal Socialism” — Another False Utopia
Very often, bad and failed ideas do not die, they simply reappear in slightly different intellectual garb.
How To Have Law Without Legislation
Decree that no violence may be initiated against another man, and all the loopholes for tyranny would be swept away.
Government Workers Don’t Magically Become Altruists
Why should one assume that those in control of the state would act in a way more in accord with justice than would actors on the private market?
Our Obsession with Survey Data is Ruining Economics
The many flaws of survey data makes it a rather questionable foundation for economic science.
Fitting Attitude Theory in Economics: Menger and Keynes
Despite the substantial difference in their monetary theories, Menger and Keynes agree in terms of stigmatizing the love of money.
MacLean on James Buchanan: Fake History for an Age of Fake News
Nancy MacLean's history of a right-wing conspiracy inspired by economist James Buchanan relies on poorly reported and poorly interpreted history.
