What is Economics and What Makes a Good Economist?
Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.
Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.
When the legal scholar Richard Posner labeled Critical Race Theory as having a “lunatic core,” he was echoing what Ludwig von Mises years before had written about polylogism. Unfortunately, CRT now dominates the nation‘s law school curriculum.
Should we regard morality as objective or subjective? In today‘s Friday Philosophy, Dr. David Gordon looks at the writings of Timothy Williamson, who argues that we can see morality in an objective light. On that point, he would agree with Murray Rothbard.
What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civilization itself to flourish.
What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civilization itself to flourish.
While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.
While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.
Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.
Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.
In this week's Friday Philosophy, Dr. David Gordon takes on Alex Honneth's The Working Sovereign. While Dr. Gordon acknowledges that the author gives an "Honneth" effort, his logic and grasp of the world of work fall way short of being convincing.