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Calculation and KnowledgeOther Schools of Thought
Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?
Other Schools of ThoughtValue and Exchange
Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.
The Phillips curve cannot be a basis for a sound theory of what sets in motion price inflation.
No one is discussing Kavanaugh's awful record on the Bill of Rights. Meanwhile, the media is sending a terrible message to women.
Labor and WagesLegal System
We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.
Austrian Economics OverviewHistory of the Austrian School of Economics
In some Austrian circles, it's popular to downplay Murray Rothbard's significance to the Misesian tradition. History isn't on their side.
Money and BanksMonetary TheoryMoney and Banking
The history of shadow banking development confirms Mises’s thesis that each government intervention leads to unintended consequences.
Money and BanksMoney and Banking
Keynes's writings remain as influential today as they were 80 years ago. Isn't it time for a re-evaluation?