Displaying 1 - 7 of 7
Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship
When a community is hit by a disaster, how can it recover? The economics of mega-disaster poses some interesting questions for entrepreneurs.
China’s Great Migration
The huge migration of Chinese from farms to urban manufacturing centers is key to understanding China's economic growth in recent years.
Review The Euro: How a Common Currency Threatens the Future of Europe
Stiglitz proposes interfering with the free market, without demonstrating that the free market does not work. “Sentence first—verdict afterwards.”
Public Debt: An Illusion of Democratic Political Economy
Is public debt really an illusion of democratic political economy, or is it something else entirely?
Response to a Review of Money, Banking, and the Business Cycle
I discuss the effect of changes in interest rates versus changes in the rate of profits, and criticisms of Objectivist philosophy, and other criticisms.
Labor Market Effects in the Austrian Business Cycle Theory
An open question in the Austrian business cycle theory is how labor markets across the structure of production react to broader changes in the economy.
Subjective Expectations and the Process of Equilibration: The Views of Lachmann
Lachmann claimed expectations are subjective and coupled with the change of market data, greatly undermines any process of equilibration.
