Open Institutional Structure
By examining several different types of open institutions including open source software, open science and open square, this paper presents a general analysis of open institutional structure
By examining several different types of open institutions including open source software, open science and open square, this paper presents a general analysis of open institutional structure
In his Man, Economy, and State, Murray Rothbard introduces the catallactic function of decision-making owner, and the correspondent income of decision-making ability rent.
Transitivity in economics maintains that if a is preferred to b, and b to c, then a must also be preferred to c.
Rothbard realizes that the economy is not competitive, that it is shot through with elements of monopoly. The left-wing Chamberlinians used this as a beautiful handle to combine with the Marxists
This paper provides an empirical investigation of the role of monetary policy in the determination of interest rates and consumption as developed by capital-based macroeconomics
Friedrich Hayek and Ludwig von Mises demonstrated that central planners will be unable to manage an economy rationally due to the problems of dispersed knowledge and the impossibility of economic calculation
The Great Transformation is a Human Action-sized treatise about how the Fed over the past several decades has generated economic instability in far more ways than even the Austrian business cycle
Almost all contemporary Austrian economists are united in their opposition to central banking and their advocacy of a system of free competitive banking.
In the later half of the twentieth century a production function approach to economic growth has led both growth theory and growth policy to conclude that increases in output could best be produced by increasing the inputs into the production process.
In this response, I have dealt with five instances of misrepresentation in the review: its claim that I ignore the essential theme of support for businessmen and capitalists