The Static Mentality
One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.
One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.
The present paper clarifies ambiguities from earlier discussions of whether Garrison’s usage of “secular growth” is more likely to resonate with a neoclassical or Austrian reader.
The fundamental concept of the Communist Manifesto was that of “class” and “class conflict.” But Marx didn’t say what a “class” was.
Robert Reich isn't interested in economics. His pronouncements are simply clarion calls to destroy wealth and spread poverty.
In March 1968, a crisis of confidence in the dollar on the free gold markets led the United States to effect a fundamental change in the monetary system.
The debate on method between Menger and Schmoller was useful for the clarification of the differences between theoretical and applied economic research.