Some Confusions of Language in Economic Thought
Fifty years ago, in 1968, Austrian (and Austrian school) economist Friedrich A. Hayek published a monograph called The Confusion of Language in Political Thought [4]. Hayek…
Dr. Richard M. Ebeling is Professor of Economics at Northwood University
Fifty years ago, in 1968, Austrian (and Austrian school) economist Friedrich A. Hayek published a monograph called The Confusion of Language in Political Thought [4]. Hayek…
Many of us grew up watching movies about Dracula — Nosferatu, the Undead. Fearful of the sunlight that could burn him into cinders, Dracula…
The world may be on the brink of a series of trade wars between the United States and both the European Union and China….
In following the daily news events both in the United States and around the rest of the world, it is easy to get lost…
In the Bible it says, “He that is without sin among you, let him first cast a stone . . .” It also has…
The world has been plagued with periodic bouts of the economic rollercoaster of booms and busts, inflations and recessions, especially during the last one…
Trade wars are dangerous and harmful policies for governments to pursue. They hurt consumers due to higher prices and fewer alternatives; they reduce competitive…
Looking to the next few years ahead, is America and the world going to continue riding a wave of economic growth, improving standards of…
A specter continues to haunt the world, the specter of Karl Marx. Two hundred years ago, on May 5, 1818, the father of twentieth…
Why is the free enterprise or capitalist economic system so widely disliked, hated and opposed? Given the success of the competitive market economy to…