Economists Don’t Use Mathematics ‘the way physicists or biologists or engineers use it.’
In a recent methodological flare-up among economists, Paul Romer accuses Robert Lucas , among others, of "mathiness":
In a recent methodological flare-up among economists, Paul Romer accuses Robert Lucas , among others, of "mathiness":
In this essay from 2001, Lew Rockwell discusses what were then new mandates on banks to spy on all depositors and investors. Such efforts are now commonplace, of course, and have merged into the current war on cash.
The policy of the Bernanke-Yellen Fed to whet investors’ appetite for risk by maintaining short-term interest ra
We just noticed that this video on The Fed and money — originally made in the mid 90s — has received over a million views since it was posted on Youtube in 2006
Andy Sirkis: Japanese people and government officials are well aware of the problem. People fret and say that “something needs to be done”, but there is little analysis of the disastrous economic and geopolitical effects and no analysis of the causes and potential solutions. People really have their heads buried in the sand, perhaps because they think it’s going to be someone else’s problem when the country’s population falls from 125 million to 85 million and half of the remaining people are elderly.
Professional soccer can only rival Major League Baseball or the NFL when it comes to corruption and socialism.
The Institute of Economic Affairs has published a useful review
H.K. Asser recognized Bastiat's place within the Austrian School in 1893.
Lew Rockwell explains what to expect during this next election season. Hint: It's like every other election season.
A much-neglected book on the history of the state and its development is Hendryk Spruyt's The Sovereign State and Its Competitors.