Other Schools of Thought
A Libertarian Case for Monarchy
As an exercise, I'll contend that constitutional monarchy can better preserve people's freedom and opportunities than democracy as it has turned out in practice.
My Nobel Prize
The "knotty problems" Gold describes are just the failure of the theories of Keynes and Friedman to adequately explain the recession of 2008 and plot a proper course out of the downturn.
The Euro: Its Inevitable End
The political project of the euro is in deep trouble. Governments have pledged three-quarters of a trillion of our euros to put out the debt-crisis wildfire, yet interest rates on troubled sovereign debts are even higher than before the announcement of the bailout.
Revisiting the Anthrax Crisis
India’s Great Free-Market Economist
Bellikoth Ragunath Shenoy was born in 1905 in the village of Bellikoth, near Mangalore, in the southern Indian state of Karnataka. He became a hugely influential proponent of Hayekian theory and policy. He is sadly neglected today.
Why Legalize Now?
Why the sudden pressure against drug prohibition? It is a burden on taxpayers. It is a burden on government budgets. It is a burden on the criminal-justice system. It is a burden on the healthcare system. The economic crisis has intensified the pain from all these burdens.
How Mathematics Can Make Smart People Dumb
Mathematics quite often bamboozles people into accepting very silly arguments.