Production Theory

Displaying 151 - 160 of 737
Patrick Newman

This paper defends the Rothbardian theory which states that the proportion of consumption spending relative to investment spending is systematically related to the interest rate through time preference in society,

Mateusz Machaj

The aim of this paper is twofold: to reformulate the concept of contestable markets in the context of property boundaries and to recapitulate the characteristics of “sunk costs.” 

Allan Walstad

There exists a modest but steadily growing literature on the economics of science. Much of it concerns the funding of research and the reaping of societal benefits therefrom, but one also sees increasing interest 

Frederick C. Kreiling

Do we now have the Third Culture that C. P. Snow saw coming to life? It would appear so.

Walter Block

It is within the bowels of government where the real yes-men problem lies. Here, there is no automatic feedback mechanism of the market to rely upon, to quell any incipient tendencies in the direction of yes-manning.

William Barnett II Walter Block

What sets Austrians apart from mainstream economists is methodology and consequent analyses. The first section contains an analysis of their methods, which are found wanting.