The New York Times reminds us : “The Bush administration’s twin moves on Tuesday to ban the dietary supplement ephedra and the sale of meat from cows that appear to be sick on the way to the slaughterhouse underscores a simple White House maxim these days: with an election approaching, even a president who came to office assailing government
Car and Driver’s Brock Yates slams SUV critics like Fox’s Bill O’Reilly who “insist America’s transportation needs can be met by everyone toddling around in tiny subcompacts consuming eyedroplets of gasoline (or better yet, hydrogen or yogurt or cowpies, or whatever is the energy source du jour).” On the contrary, Yates observes, millions of
The Intellectual Conservative runs a brief piece on Frank Meyer’s In Defense of Freedom, quoting Rothbard, Brent Bozell, and Craig Schiller in response. (The author, Enrico Peppe, describes himself as a Fundamentalist-Georgist-Populist — talk about fusionism!)
Phil Roberts, _A Penny for the Governor, A Dollar for Uncle Sam: Income Taxation in Washington_. Seattle: University of Washington Press, 2002. xii + 198 pp. $35 (cloth), ISBN: 0-295-98251-9. Reviewed for EH.NET by Terri A. Sexton, Department of Economics, California State University, Sacramento. During the past year, virtually every state has
Published by EH.NET (April 2004) Mark Thornton and Robert B. Ekelund, Jr., _Tariffs, Blockades, and Inflation: The Economics of the Civil War_. Wilmington, DE: Scholarly Resources, 2004. xxix + 124 pp. $19.95 (paper), ISBN: 0-8420-2961-3; $65 (cloth), ISBN: 0-8420-2960-5. Reviewed for EH.NET by David G. Surdam. A fundamental axiom in show business
James R. Otteson, Adam Smith’s Marketplace of Life . Cambridge: Cambridge University Press, 2002. xiii + 338 pp. $26 (paperback), ISBN: 0-521-01656-8. Reviewed for EH.NET by Jeffrey T. Young, Department of Economics, St. Lawrence University. For too long Adam Smith has been viewed almost exclusively as the intellectual property of economists.
The 2018 Nobel Prize in economics has gone to Yale’s William Nordhaus for work in environmental economics and NYU’s Paul Romer for work on economic growth. Both have long been considered front-runners for the award (Romer was described as a likely winner back in the 1990s ) though the combination is unexpected. (The Nobel committee may be making a
The Austrians have long argued that equilibrium models of economic phenomena cannot capture the causal, realistic aspect of human behavior. ”All things are subject to the law of cause and effect,” says Menger in the famous opening line of his Principles of Economics. Formal economic models, in contrast, typically depict systems of equations in
Henry Manne passed away yesterday at the age of 86. Manne was a wonderfully smart, creative, and iconoclastic writer and teacher best known for his work on corporate and securities law, particularly his vigorous defense of insider trading and his pathbreaking analysis of the market for corporate control. He wrote on many other topics as well,
Joe Gillis: You’re Norma Desmond. You used to be in silent pictures. You used to be big. Norma Desmond: I am big. It’s the pictures that got small. — Sunset Boulevard (1950) The University of Chicago’s John List gave the keynote address at this weekend’s Southern Economic Association annual meeting. List is a pioneer in the use by economists of
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.