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New Nobel Winners Are Latest Bad Sign for Economic Theory

Philosophy and Methodology

Blog10/16/2019Peter G. Klein

The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.

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Neurosurgery, Health Policy, and the Free Market: A Conversation with Richard Menger

Health

10/14/2019Audio/VideoMichel AccadAnish Koka

Can a graduate of the Harvard Kennedy School hold on to free market principles? Accad and Koka discuss health policy and economics with neurosurgeon Dr. Richard Menger.

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Nordhaus and Romer

Blog10/08/2018Peter G. Klein

The 2018 Nobel Prize in economics has gone to Yale's William Nordhaus for work in environmental economics and NYU's Paul Romer for work on economic growth. Both have long been considered front-runners for...

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Nudges for Thee, But Not for Me

Calculation and KnowledgeEntrepreneurshipInterventionism

Blog04/07/2017Peter G. Klein

To most observers, nudging sounds like clever management techniques. The power to nudge by the state, however, is an entirely different matter.

My Path to the Austrian School of Economics

Hans-Hermann Hoppe

There is no more stopping the Mises School. And when the truth finally wins out, because only what is true can also work smoothly in the long run, then the hour of the Austrian School of Economics will have come.

How California's Government Plans to Make Wildfires Even Worse

Ryan McMaken

The State of California is now forcing insurance companies to cover homeowners who put their houses in some of the most fire-prone areas. What could go wrong?

We Don't Need Sunday "Blue Laws"

Ryan McMaken

Advocates for "blue laws" want to impose more laws on shopkeepers. These moral crusaders should instead start by setting a good example, and stop watching football games, ordering pizzas, or filling up on gas on Sunday.

The Benefits of Free Trade Are Canceled Out by Domestic Interventionism

Carmen Elena Dorobăț

Trade agreements have thus become obsolete tokens of negotiation in larger geopolitical disputes, protectionist tools for managing and interfering with global trade flows.

How to Avoid Civil War: Decentralization, Nullification, Secession

Ryan McMaken

So long as we insist the federal government can force one law, one culture, and one sort of politics on all of America, the US is headed down the road of civil war. Only decentralization and separation can partly defuse the situation.

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Per Bylund

Per Bylund is assistant professor of entrepreneurship & Records-Johnston Professor of Free Enterprise in the...

Mises Wire

New Nobel Winners Are Latest Bad Sign for Economic Theory

Neurosurgery, Health Policy, and the Free Market: A Conversation with Richard Menger

Nordhaus and Romer

Nudges for Thee, But Not for Me

My Path to the Austrian School of Economics

How California's Government Plans to Make Wildfires Even Worse

We Don't Need Sunday "Blue Laws"

The Benefits of Free Trade Are Canceled Out by Domestic Interventionism

How to Avoid Civil War: Decentralization, Nullification, Secession

What is Mises Wire?

Per Bylund

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