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Steven Horwitz That's the title of this week's NBR blog entry . Here's the opening: During his campaign for the presidency, Barack Obama promised that, in
contrast to his predecessor, his presidency would be a "science
presidency." In his first year, Obama may well have taken some ...
Government
Barack Obama
Steven Horwitz The cover story in this week's Time is " The Growing Backlash Against Overparenting " It's really a terrific piece that features some of the bigger names in the backlash movement (including Lenore Skenazy, the woman behind freerangekids.com , which in some ways started it ...
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|Peter Boettke| Richard Ebeling discusses the real meaning of Thanksgiving.
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David L. Prychitko A reminder that the Review is available online (I think you need to be a subscriber or part of a university subscription to access it). It has all back issues plus the "Online First" set of forthcoming articles. I mention this in the interests of the journal, and for ...
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|Peter Boettke| Over at ThinkMarkets, Mario Rizzo explains "What is Austrian Economics?" He explains the origins of his classic work with O'Driscoll, The Economics of Time & Ignorance , and also explains how in the New Palgrave , he discusses "current work" in the Austrian tradition. ...
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|Peter Boettke| One of the most significant footnotes in the Austrian tradition of economic scholarship is Hayek's fn. 7 in The Counter-Revolution of Science , where he follows up on his point that every advance in economics that had been made during the past few generations was due to the ...
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austrianeconomists.typepad.com - 2 days ago
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austrianeconomists.typepad.com —
|Peter Boettke| The late great Milton Friedman declared
that "inflation is everywhere and always a monetary phenomena."...
He said this at a critical time in our policy history, and his work on the history and theory of monetary mischief persuaded ...
(more)
The Modified Friedman Dictum
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Steven Horwitz Multiple specificity/heterogeneity of capital: "Your seat cushion may be used as a flotation device." (Part of a continuing series)
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Steven Horwitz You can hear me talk on Rand, the recession, and economics here .
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|Peter Boettke| The new world rankings of universities is now available. For the second year in a row, GMU ranked in the top 100 academic institutions in the Americas.
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austrianeconomists.typepad.com - 6 days ago
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austrianeconomists.typepad.com —
|Peter Boettke| So the American Economic Association has
produced the " Economists Calendar " in celebration of...
the 125th Anniversary of it founding. Many readers of this blog (both those who consider themselves critics and those who consider ...
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Can you guess how many Austrian economists made the AEA ...
Steven Horwitz Today's "The Calling" is on " The Dangers of the Myth of Merit ."
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|Peter Boettke| One of my teachers, Kevin Grier , voices concerns with the monetary policies that quantitative easing implies --- including the Fed's ability to credibly commit to the monetary policy rules advocated. As Kevin says in the comments: " The idea that too tight of monetary policy ...
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|Peter Boettke| Roger Koppl has an interesting post on the future of macroeconomics.
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Chris Coyne
Veronique de Rugy explores the answer to this question in her latest piece at Reason.com.
Co-bloggers Steve and Pete (Boettke) are quoted.
Currencies
Steve Jobs
Inflation
|Chris Coyne|
Scott Beaulier and Pete Boettke answer this question in their latest op ed in the East Valley Tribune . Drawing on Adam Smith's discussion of the public debt , they conclude that:
Rather than erode debt obligations through inflation, the debt ...
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Steven Horwitz CNN reports that the US Postal Service lost $3.8 billion last fiscal year. Delivering the mail is pretty easy compared to running the health care system. Why would anyone trust the folks who can't even deliver the mail to run health care? As usual, the basic idea is best ...
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Steven Horwitz Want to really piss me off? Want to really piss off a college administrator? Here's what you do: You get an email from them with a question in it where the email includes several cc's. Then when you reply with the answer, DON'T hit "reply to all," just hit "reply." ...
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|Peter Boettke| Alex Tabarrok discusses Stephen Landsberg's chapter on common knowledge in The Big Questions . I haven't read it yet, but I am sure Alex's description is accurate. What concerns me is not so much Landsberg restating of the Aumon proposition on agreement, but what role the ...
Government
Social Democrats
austrianeconomists.typepad.com - 11 days ago
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|Peter Boettke| Today is Sunday in the Fall,
and in the US that means professional football from...
noon until midnight will be watched in millions of households across the country. And in the fall throughout the country one can watch HS football on Friday nights, and college football on ...
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Back to Some Economic Basics: Football vs. Rugby