Frank Knight and the Austrians
Despite many differences, there are many similarities between Knightian and Austrian economics: entrepreneurship, uncertainty, and theory of the firm.
Despite many differences, there are many similarities between Knightian and Austrian economics: entrepreneurship, uncertainty, and theory of the firm.
In the wake of government's do-nothing stance on preventing phone scams, there's a new private app for blocking abusive phone calls.
As Peter Klein explains, resources in a modern economy are complex and specific — which is why we need free markets.
Government attempts to end poaching of endangered species often create black markets and increase poaching, while doing little to preserve the species.
In Brazil, street food is an important source of income for poor households. So why is the government always interfering in the street-food economy?
If there were Heinz-brand heroin, Philip Seymour Hoffman would still be alive.
When donors give big bucks to the Clinton Foundation, they may just be paying the price of doing business in a highly regulated economy.
The success of fantasy sports is an illustration of how capitalism unleashes innovation, and how government can manage to ruin anything it touches.
Government schemes are powerless in gauging where comparative advantage lies, whether we are talking about trade or sports.
Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2016.