Armen Alchian (April 12, 1914 – February 19, 2013)
Arline Alchian Hoel reports that her father, Armen Alchian, “passed away peacefully in his sleep early this morning at his home in Los Angeles.” He
Mises Wire
Entrepreneurship and Knowledge
Hayek famously argued that prices embody information and that economic actors, res
France Ratchets Up the War on Cash
France’s state auditing bureau, Cour des Comptes, informed the French government that it was “dreaming” in forecasting that the French eco
My Apology to Paul Krugman
From time to time I have been critical of Professor Paul Krugman, the Nobel Laurette from Princeton University and the New York Times.
Ronald Dworkin, R.I.P.
Ronald Dworkin, (1931-2013) who died yesterday, was widely regarded as America’s leading legal philosopher.
On the Resource Cost of Fiat Money
Milton Friedman and all monetarists after him claimed that the Gold Standard had a fatal flow.
Happy Birthday, Israel Kirzner
The eminent Austrian economist Israel M. Kirzner turns 83 today.
