In a new interview with Pete Raymond, Sweden-born economist Per Bylund describes the Swedish economic system and takes a closer look at the claims of those who say Sweden is an example that ‘socialism’ can work in practice.
Much of the market observer community recently has wondered why Pacific Gas and Electric’s stock had a sharp valuation increase over the course of a day. This is somewhat illogical given that PG&E admitted that their faulty equipment caused California’s worst wildfire in recorded history and is faced with tens of billions in losses and potential lawsuits.
[Originally published as “Economic Science and Neoclassicism” in the Review of Austrian Economics: Winter 1999]
Back in September, foreign policy scholar Stephen Walt asked in Foreign Policy if “the emerging democratic socialists of the left, libertarians on the right, and realists in the center [could] join forces to produce a foreign policy that would command support at home and perform effectively abroad?”
The Virtue of Nationalism
Yoram Hazony
Basic Books, 2018
285 + vii pages
Yoram Hazony is a thinker of great originality, and in The Virtue of Nationalism, he enables us to see nationalism in a new way. He is not a libertarian, but his way of looking at nationalism can be of great value to libertarians in understanding how our views should be applied to the world in practice.
JEFF DEIST: You were born in Romania. Were you born in the countryside or in Bucharest?
CARMEN ELENA DOROBĂŢ: I was born in a very small town in the eastern part of Romania close to the Republic of Moldova, Ukraine, and Russia. That part of Romania, it’s pretty small, I think about 50,000 people. It is just your regular small town. Growing up, everyone knew my family, we knew everyone. I moved to Bucharest when I went to college, when I was 18.
We live in strange times indeed when an environmental reporter for The New York Times writes that we should stop pushing for a carbon tax, just a few weeks before dozens of distinguished economists sign a letter to the Wall Street Journal calling for a carbon tax.
