I wanted to show students that economics stems from ordinary human behavior in the real world we face every day. By showing them that trade, money, savings, competition, and prices all have distinctly human origins and purposes, I hoped to help them make better sense out of the "economics" they will some day be exposed to.
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
The Austrian School of economics arose in opposition to the German Historical School; and Carl Menger developed his methodological views in combat with the rival group.
In a series of posts to an Internet discussion group several years ago, David Friedman severely criticized Murray Rothbard's account of Adam Smith in his Economic Thought Before Adam Smith
Earlier today I would not have believed it possible that I would write something in praise of an Op-Ed piece in The New York Times.
In his New York Times column of June 3, Joseph Nocera asks
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
The following edited comments are excerpted from a recent email discussion with Walter Block and one of his correspondents, a Philosophy Professor
