Other Schools of Thought

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Thaler Wins Nobel

Other Schools of Thought

Blog10/09/2017
Austrians have been mostly skeptical about behavioral economics.

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Keynes: A Master of Confused and Confusing Prose

World HistoryHistory of the Austrian School of EconomicsOther Schools of Thought

Blog09/13/2017
A careful reading of Keynes's 'General Theory' suggests its unintelligible prose may be an effort to appear erudite while saying little of value.

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Tyrants of the Mind and the New Collectivism

World HistoryOther Schools of Thought

Blog08/08/2017
The ideology of “political correctness” is strangling the principle and practice of freedom of speech.

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MacLean on James Buchanan: Fake History for an Age of Fake News

Other Schools of ThoughtPhilosophy and Methodology

Blog07/10/2017
Nancy MacLean's history of a right-wing conspiracy inspired by economist James Buchanan relies on poorly reported and poorly interpreted history.

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How Magical is the Keynesian Multiplier?

Money and BankingOther Schools of Thought

Blog05/18/2017
Real wealth comes from greater production and saving. More spending — especially when spurred by printing money — doesn't make us rich.

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Marx: The Economist's Economist

World HistoryAustrian Economics OverviewOther Schools of Thought

Marx's original thinking amounted to nothing more than equivocal statements, half-baked arguments, and crude claims unsupported by any empirical facts.

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William Baumol, RIP

Legal SystemEntrepreneurshipOther Schools of Thought

Blog05/05/2017
Baumol leaves behind an influential body of research on numerous topics relating to entrepreneurship, innovation, and economic growth.

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Moral Hazard: Kenneth Arrow vs. Frank Knight and the Austrians

EntrepreneurshipInterventionismOther Schools of Thought

Blog03/14/2017
Rather than impartial referees reducing moral hazard, governments are its most common cause.

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Mises Contra Marx

History of the Austrian School of EconomicsOther Schools of Thought

Blog03/13/2017
Mises, more forcefully than any other critic, penetrates to the essence of Marx's fallacious view.

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Remembering Oskar Morgenstern

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology

Blog01/25/2017
Morganstern is best known as the co-developer of modern game theory with John von Neumann in their 1944 book, The Theory of Games and Economic Behavior.

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