Volume 9, No. 3 (Fall 2006) Rothbard (1993, pp . 638–45) refuted the important economic fallacy that excess capacity is a normal consequence of profit maximizing behavior by businesses in some...
William Barnett II
Bill Barnett is professor of economics at Loyola University in New Orleans.
Latest work
Volume 7, No.1 (Spring 2004) The economics profession has attempted to achieve the degree of success in understanding, explaining, and predicting events in the social world that physicists and...
Volume 6, No. 1 (Spring 2003) Neoclassical utility functions are an invalid means of analyzing consumer behavior for three reasons: first, and most important, because such functions, and their...