To gain an insight into the economic future, many economists follow a variety of consumer and business surveys. In these surveys, randomly selected consumers and businessmen are asked to provide their views about where the economy is heading.
If a survey shows that the majority are optimistic, this is supposed to be good news for the economy. Conversely if the majority of the surveyed are pessimistic it is seen as a bad omen for the future.
Is the recent election “clear evidence” that your vote counts? Not at all, say two economists. It shows precisely the opposite.
Why is it always socialist academics from the USA who fill the posts of visiting professors in European universities? William Anderson explains.
Four hundred freedom-minded intellectuals gathered at the most recent meeting in Santiago, Jon Basil Utley reports.
Chris Sciabarra, author of an important new work on freedom’s philosophical foundations, explains the impact of the Austrian tradition and his mentor Murray N. Rothbard.
