Review of The Unseen Dimensions of Wealth: Towards a Generalized Economic Theory
The Review of Austrian Economics, Volume 1, Number 1 (1987)
Review of Understanding: A Phenomenological-Pragmatic Analysis
The Review of Austrian Economics, Volume 4, Number 1 (1990)
Second Thoughts On The Philosophical Origins of Austrian Economics
The Review of Austrian Economics, Volume 7, Number 2 (1994)
‘Raising Hope’ Writers Understand Monetary Policy
Fox comedy Raising Hope explains Bernankism (from “Burt’s Bucks“, S04E02): Video can be found here (embedding disabled)
Needless to say, it doesn’t end well. The episode even features wheelbarrows of worthless money. Also in this subgenre of money-creation-leads-to-hyper-inflation stories is this classic Duck Tales episode:
The GOP Has ‘formally committed itself to Austrian economics’
It’s great that Austrian economics is now the embodiment of free market economics in the minds of so many people. This comes at a great price, of course, since groups that have virtually no interest at all in actual free-market economics, such as the Republican Party, are nonetheless associated with Austrian economics. In the case of the GOP, Republicans like to distract the voters with references to Mises and Hayek right before heading over to vote “yes” on the latest multi-trillion dollar war or welfare program.
DiLorenzo Reviews Stockman’s ‘The Great Deformation’
From the Summer 2013 issue of the Quarterly Journal of Austrian Economics. [The Great Deformation: The Corruption of Capitalism in America by David A.
Ron Paul: Leave Ukraine Alone
by Ron Paul
Last week Ukraine saw its worst violence since the break-up of the Soviet Union over 20 years ago. Protesters occupying the main square in the capitol city, Kiev, clashed with police leaving many protesters and police dead and many more wounded. It is an ongoing tragedy and it looks like there is no end in sight.
The current conflict stems from a divide between western Ukraine, which seeks a closer association with the European Union, and the eastern part of the country, which has closer historic ties to Russia.
Richard Posner’s Conversion to Keynesianism
In September of 2009, Judge Richard Posner, one of the creators of the sub-discipline known as law and economics, announced his conversion, at age 70, to Keynesianism. He had been a Chicago School economics advocate for over 40 years. His confession appears here.
He had long been an advocate of property rights.