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Gene Callahan

Works Published inThe Free MarketSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian Economics

Gene Callahan is the author of Economics for Real People

All Works

Beware! The Blob!

U.S. EconomyCapital and Interest TheoryPhilosophy and MethodologyValue and Exchange

07/09/2002Mises Daily Articles
Errors are an inevitable part of human action, writes Gene Callahan. If the future were certain, we would not need to act. Yet many economic models assume all economic actors possess perfect information, all plans are coordinated, and all adjustments to new data are made instantly and without cost.
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What is Economics? Why Study It?

Calculation and KnowledgePhilosophy and Methodology

06/18/2002Mises Daily Articles
In this excerpt from his new book, Gene Callahan explains that economics does not attempt to decide whether our choice of ends to pursue is wise. It does not tell us that we are wrong if we value a certain amount of leisure more than some amount of money. It does not view humans as being only...
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Who Cooked the Jam?

Big GovernmentBiographiesFree MarketsInterventionismOther Schools of ThoughtPraxeology

04/16/2002Mises Daily Articles
The free market is not a panacea. It does not eliminate old age, and it won't guarantee you a date for Saturday night. Private enterprise is fully capable of awful screw-ups. But both theory and practice indicate that its screw-ups are less pervasive and more easily corrected than those of...
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Economics for Real People

EducationCapital and Interest Theory

Gene Callahan shows that good economics isn't about government planning or statistical models. It's about human beings and the choices they make in the real world.
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The Dangers of Compromise

Free MarketsInterventionismPolitical Theory

11/01/2001The Free Market
The Free Market 19, no. 11 (November 2001) Many "pragmatic" right-wingers criticize libertarians for attempting to be too ideologically pure. "Look," they say, "we want a freer society as well. But your radical proposals will never be enacted, and they just turn off moderates." Or we hear, "If you...
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