Review of An Outline of International Price Theories by Chi-Yuen Wu
Wu has written an outline of international price theories that map the theoretical development of international economics. It is a major achievement.
Calculation and Knowledge
Displaying 211 - 220 of 679
What’s Love Got to Do with It? Action, Exchange, and Gifts in Economic Theory
John Mueller believes economics is fatally flawed because it cannot account for charitable love between persons.
Comment on Michael V. Szpindor Watson’s “Mueller and Mises: Integrating the Gift and ‘Final Distribution’ within Praxeology”
I suggest that further research is needed before we can establish the conditions under which the value of personal gifts can adequately be calculated.
Science and the Market Test
There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.
Politicians Seek Short-Term Advantages by Lecturing Capitalists about the Long Term
Capitalists generally think in terms of future earnings, and future value of investments often helps determine the present value. Hillary Clinton, however, has decided to achieve her short-term election goal by hectoring capitalists for thinking too much about the short term.
Errors, Business Cycles, and Government Stimulus
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.
Apriorism and Positivism in the Social Sciences
Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2015.
