Philosophy and Methodology

Displaying 1 - 10 of 2203

Deneen's Why Liberalism Failed Attacks a Fake Version of Liberalism

Philosophy and Methodology

Blog07/13/2019

Patrick Deneen lumps everything he dislikes under the label of "liberalism." But one is left wondering if he is familiar enough with liberalism's history to pass judgment on it.

Read More

Why Modern Economics' Fixation with "Efficiency" Is Dangerous

EntrepreneurshipOther Schools of ThoughtPhilosophy and Methodology

Blog07/05/2019

Efficiency is backward-looking and static, while value creation is future-oriented and aspirational. 

Read More

I'm An Austrian Economist: What Does It Mean?

Austrian Economics OverviewOther Schools of ThoughtPhilosophy and Methodology

Blog06/10/2019

Austrian economics diverges in several important ways from that followed by our colleagues in the mainstream of the profession.

Read More

Do We Consent to Government by Refusing to Emigrate?

World HistoryPhilosophy and Methodology

Blog06/08/2019

John Locke was ridiculed for suggesting that people "consent" to their government by not emigrating. Hume suggested this theory could be used to claim consent for even the most outrageous tyrants.

Read More

Correlation ≠ Causation

Philosophy and Methodology

Blog06/01/2019

The experience with which the sciences of human action have to deal is always an experience of complex phenomena. No laboratory experiments can be performed with regard to human action.

Read More

How College Profs Push Students to Socialism

EducationPhilosophy and Methodology

Blog05/10/2019

The true aim of these “scholar activists,” as many academics have begun calling themselves, is to propagate socialism by redefining capitalism to encompass every evil of human history. Which means they're mostly attacking straw men.

Read More

Economic Models vs. The Real World

Money and BanksMoney and BankingPhilosophy and Methodology

Blog05/04/2019

Economic theory must have only one purpose — to explain economic activity. However, statistical methods are of no help in this regard.

Read More

The Making of Modern Civilization: Savings, Investment, and Economic Calculation

Capital and Interest TheoryPhilosophy and MethodologyPrivate Property

Blog04/17/2019

The fallacy that labor-saving machines create technological unemployment has not only been disproved by theory but also by the whole history of mankind.

Read More

Why the New "GDP-B" Measure Doesn't Solve the Failures of GDP

Other Schools of ThoughtPhilosophy and Methodology

Blog04/16/2019

The thinking goes that MIT's new GDP-B measure allows the statistician to estimate a “consumer surplus.”

Read More

Even Socialists Know that Economic Planning Requires Market Prices

SocialismCalculation and KnowledgePhilosophy and Methodology

Blog04/03/2019

Hard-left "democratic socialists" think they figured out how to make government planning possible: use prices. But there's a problem in their argument: prices are impossible without markets.

Read More
Shield icon library