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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

Assessing the Damage

Big GovernmentLegal SystemU.S. Economy

09/21/2001Mises Daily Articles
It is no surprise that in our current crisis we see economic fallacies calling for "temporary" government interventions in the economy popping up like mushrooms after a rain.
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Bastiat's Plow

Calculation and KnowledgeHistory of the Austrian School of EconomicsPhilosophy and MethodologyPolitical Theory

08/06/2001Mises Daily Articles
Only real savings and labor, not pieces of paper called money, can create new capital goods. Gene Callahan explains.
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What is an Externality?

Value and Exchange

08/01/2001The Free Market
British economist A.C. Pigou was instrumental in developing the theory of externalities. The theory examines cases where some of the costs or benefits of activities "spill over" onto third parties. When it is a cost that is imposed on third parties, it is called a negative externality. When third...
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See the Pyramids Along the Nile

Media and CultureTaxes and SpendingFiscal TheoryProduction Theory

07/30/2001Mises Daily Articles
By subsidizing sports facilities, governments are taxing average people and boosting the incomes of some very wealthy individuals. What justification exists for this practice?
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Interpreting Prices

Calculation and KnowledgePrices

05/09/2001Mises Daily Articles
What are prices and what do they reveal about future events? Gene Callahan explains.
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