The Homo Economicus Straw Man
To understand the marketplace, it is not necessary to believe in the existence of a selfish, profit-maximizing human.
To understand the marketplace, it is not necessary to believe in the existence of a selfish, profit-maximizing human.
A pro-tax disciple of Henry George gave us the board game we know today as Monopoly.
When anti-capitalist leftists expound on the evils of "neoliberalsm," they are usually just attacking freedom and free markets in general.
Henry Hazlitt brings to his only novel, Time Will Run Back, the same clarity and ease for the reader he brought to Economics in One Lesson.
For Mises, racism is not just contrary to liberalism and sound economics, but to reason itself.
In the tradition of Ludwig von Mises himself, the Mises Institute works daily to pass on sound economics to a new generation of teachers and writers.
An economics that forsakes the dignity of the human person and his capacity for creativity and aesthetics does so at its own peril and disgrace.
Empirical data is useful as historical information. But to interpret the data, we require good economic theory.
I fear we will make little progress politically or economically if the attachment to emotionalism does not change in favor of economic realism.
James Fenimore Cooper, America's first national novelist, saw real danger from the impulse toward majority rule as a panacea for every complaint.