Philosophy and Methodology

There are two Coase theorems. The simplistic one deals with the unrealistic world of zero transactions costs. The more important one addresses itself to the real world, where transactions costs are positive, 

We have tried to take Caplan to task for his many errors of omission and commission. Nevertheless, we think his was a very worthwhile article. Why? First, its quality.

I propose to confine the present examination of Professor O'Neill's book to one central topic, likely to be one of interest to readers of the Quarterly Journal.

William Barnett’s critique of mathematics in economic analysis, “Dimensions and Economics: Some Problems,” claims that economics almost always uses functions and equations without paying any attention

In contemporary economic theory, and especially in macroeconomics, expectations are being given a central place. There is virtually no economic model that does not examine how, within a dynamic perspective,

This paper is about the alleged tension between methodological individualism and evolutionary ideas in the work of Friedrich Hayek.

Dr. Sennholz, successfully blended his knowledge of the science of economics with a deep commitment to the moral principles governing a society of free and responsible individuals.

Court decisions and legislation have a profound impact on the economy because they define and modify property rights. Economists have therefore always been interested in analyzing this impact.

Both Frank H. Knight and Ludwig von Mises are recognized as founders of intellectual traditions: the Chicago School and the neo-Austrian School of economics, respectively.

There is a strong tendency in modern moral philosophy to impose restrictions on the range of desires that are to count as genuinely contributive to the desirer’s welfare.