Other Schools of Thought

Here we discuss briefly Mankiw’s ten principles of economics and offer a critique of these principles à la the Austrian School of economics.

In this article, Joseph R. Stromberg reviews Chris Sciabarra’s Total Freedom: Toward a Dialectical Libertarianism.

Adam Smith’s “invisible hand” sometimes works in such marvelously subtle ways that it remains nearly invisible even to economists

It is no wonder that the vast majority of Americans do not know whom, if anyone, they should believe regarding economic pronouncements.

Douglass North has written many essays and books over forty or more years in which he has sought to reintegrate economic theory and economic histor

Although ethical systems may be divided into those which claim to be objective and those which freely acknowledge their own subjectivity, a special

Thomas Sowell is probably best known for his studies of ethnic relations and economics and for his policy oriented works, aimed at a wide popular audience, e.g., Conquests and Cultures: An International History (1998) and Basic Economics: A Citizen’s Guide to the Economy (2004). His  Knowledge and Decisions (1980), which earned the praise of F.A. Hayek, showed him to be a gifted theorist as well; and, in On Classical Economics , this versatile author makes a valuable contribution to the history of economics.

In this article, David Gordon and Roberta A. Modugno review of J.C.

(Barthelemy) Charles (Pierre Joseph) Dunoyer (1786-1862) was born on May 20, 1786 at Caremac in ancient Tureme (Quercy, Cahorsin), the present-day

The twentieth century libertarian movement has experienced an ongoing debate between the minarchists, the advocates of “limited” govern