De Gustibus Non Est Disputandum
Neoclassical economists are apt to define away individual differences by packing them into a homogeneous category called "tastes." But this quarantines what economists should be studying.
Neoclassical economists are apt to define away individual differences by packing them into a homogeneous category called "tastes." But this quarantines what economists should be studying.
We are continually told that democracies guard against war. But that view abstracts from the U.S. imperial experience. James Ostrowski compares the rhetoric to the reality.
As more Americans become aware that anthropogenic global warming is a hoax, the people who make their income from scaring us are increasing their efforts.
Shelves of books have been written on Third-World poverty and its supposed cure. At last, here is one, by Hernando de Soto, that makes sense and is well worth reading.
Paul Krugman is at it again, this time calling for price caps in California as a way of solving the energy problem. How can an economist think such things?
The teachings of Carl Menger and Ludwig von Mises offer the answer to those who say we should dismantle civilization to meet the supposed needs of nature. A very powerful speech by George Reisman.
There's a massive shortage of available kidneys for transplant. The solution is the free market, but the objections are mainly moral. Ninos Malek explains.
Even before the recent rate cuts, Greenspan had opened the monetary spigots, in a duplication of the policy error that led to the artificial boom. William Anderson explains.
Charley Reese believes in liberty and opposes the welfare-warfare state. But he can't seem to reconcile himself to capitalism. Robert Murphy explains.
Roger Garrison's Time and Money stands out as one of the most important works in Austrian monetary, capital and business cycle theory in the last fifty years. Richard Ebeling is the reviewer.