An Appreciation of B.R. Shenoy, Economist
Bellikoth Ragunath Shenoy was an Indian economist and teacher who produced many essays on Indian economic policy. Scholars of economic thought have neglected the importance of his work.
Bellikoth Ragunath Shenoy was an Indian economist and teacher who produced many essays on Indian economic policy. Scholars of economic thought have neglected the importance of his work.
From Adam Smith's day to our own, economists have tended to treat the intertemporal trade-off as something quite different from other trade-offs that market participants face.
This article is therefore intended as a complement to the Austrian tradition and will point out more specifically the importance of local conditions for the production of innovative goods and services.
Capitalism has surprisingly little to say on entrepreneurship or other typically Austrian and Objectivist themes. Reisman is a strong proponent of capitalism and I do not think any objective reader would infer from my statement that Reisman is a socialist.
Patents have a long history as a proxy for inventive activity. Although these data lost ground in the early 1960s to other measures of technical innovation, they have once again become fashionable in the last decade.
Infantino summarizes the elements of any theory of intentional order as psychologism, the rational construction of preferences, and the idea that the results of social action can be conceived as a process of maximization.
The best parts of Rahn's book are those dealing with the enhancement of privacy in the digital age. These parts are realistic and encouraging.
We have tried to take Caplan to task for his many errors of omission and commission. Nevertheless, we think his was a very worthwhile article. Why? First, its quality.
In this new offering, Rojas tends to downplay the existence of any net capital movements and to argue that, if such net capital movements existed at all, they operate only in favor of the capitalist West.
The step-by-step analysis in Dinero, Crédito Bancario y Ciclos Económicos, which starts from legal distinctions and then proceeds to discuss related economic issues, has a decidedly Rothbardian twist.