The supply side matters. Fernández-Villaverde and Ohanian point out, “In short, incentives to hire, invest and start new businesses need to be a priority, lest the sclerotic U.S. economic growth of the past six years returns and, as in Europe, becomes a permanent condition.”
Why do so many people who claim to be against big government believe everything the government says about foreign policy?
In chapter 80 of Conceived in Liberty, his history of the American Revolution, Rothbard addresses modern attempts to re-frame the American Revolution as some sort of "conservative" revolution that merely preserved a way of life, and was not a radical departure from the past.
"...the deep-seated radicalism of the American Revolution goes far beyond this. It was inextricably linked both to the radical revolutions that went before and to the ones, particularly the French, that succeeded it."
Research is not just the way we add to the body of knowledge left by previous generations, but is also an effective means of engaging and challenging the ideas of mainstream economics.
Mises Daily Monday by Peter St. Onge. "Giving back" is big these days, but how can we know if we're really making a contribution that someone values?
Here is an interesting table comparing 9 schools of economic thought.
Mises Daily Thursday by Dale Steinreich.
