Other Schools of Thought

By late 2010, inflation-adjusted income in Iceland was down over 35 percent.  Inflating one’s currency may give the appearance of recovery, but the truth is somewhat less rosy.
 

 Why write an article on a subject you know nothing about? This is a question Amia Srinivasan might usefully have asked herself.

The good society is an egalitarian one, says Shiller, and finance should not be at odds with this goal.

The NGOs are all under the umbrella of US and other government-funded organizations like the International Federation for Human Rights.

The Walking Dead suggests that government does not offer solutions to catastrophic problems but in fact only exacerbate them.

Those who condemn the free market take for granted that the present order of things is the free market in action.

Not only is the grant of ownership rights over ideas ridiculous, it is also, in point of fact, impossible.

The Articles of Confederation permitted the states to become tyrants, and the Constitution has permitted the federal government to become tyrannical.

Mainstream economics remains wedded to using data as an end in itself, such that the availability of data alone often determines the extent of economic inquiry.

Interviewed by “Butler on Business” host Alan Butler, Mark Thornton explains the differences between Austrian and Keynesian economics.