Some critics of the market claim that markets are effective only under the near-impossible conditions of perfect competition, among other criticisms. Deirdre McCloskey addresses these issues and more, as David Gordon points out in this review.
In the name of dealing with a so-called public health crisis, U.S. political and medical elites created even more crises. David Gordon reviews Tom Woods' new book that deconstructs the disastrous decisions made by progressive politicians and medical authorities.
Murray Rothbard and Milton Friedman didn’t only disagree on the subject of economics. They also sharply disagreed on the direction American conservatism needed to go.
Do governments make “rational” decisions involving interaction with other governments? As David Gordon points out, rationality involves individual decision-making, not collective action.
David Gordon reviews Only a Voice, by George Scialabba, dealing with the author's comments on antiwar progressives Randolph Bourne and Dwight Macdonald.
Philosopher Michael Huemer creates a challenge to the a priori methodology, but David Gordon answers the bell.
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.
At a time when ethnic politics were tearing Europe apart, Ludwig von Mises believed that such ethnic devotion did more harm than good.
David Gordon take a critical look at Markus Gabriel's Moral Progress in Dark Times, and although he finds parts that are disturbing, he also discovers important areas of agreement.
Modern mainstream neoclassical economics is constructed on utilitarianism. Murray Rothbard challenged that worldview on many fronts.
