In praise of experimental economics
byThis blog recently republished an article by Frank Shostak asking “Is there a place for experimental economics?” I could write a lengthy defense of…
Economics
The banking crisis has been exacerbated by new rules and regulations
byImagine, for the sake of argument, that we discover a little-known, unpopulated territory within the EU, on which to establish a colony. Let’s call…
The Great Wave
byRather than pretending to a level of insight into the scale of Japan’s problems which neither we nor anyone else truly possesses at this…
Helio Beltrão: Austro-Libertarianism as a Starfish
byWhat a lecture title! What a lecture! Mr Beltrão, entrepreneur and founder of Instituto Mises Brasil, speaks at the Ludwig von Mises Institute in…
Richard Cantillon: An Essay on Economic Theory
byI have just stumbled upon a new translation of Cantillon’s “An Essay on Economic Theory” (Essai sur la Nature du Commerce en Général), rewritten…
Adventures in Economics: An Interview with Richard M. Ebeling
byThis interview appeared in the February 2011 issue of the “Lara-Murphy Report,” published by the United Services & Trust Corp., Nashville, Tennessee, www.usatrustonline.com, and…
Sign up to see Atlas Shrugged part 1
byIt was brought to my attention that a film version of a book was about to be released on 15 April. The book is of…
Jim Rickards: Perpetual Quantitative Easing
byYou might remember a couple of months ago that Jim Rickards came up with the intriguing theory that the Federal Reserve in the United…
Is there a place for experimental economics?
byEconomists have always been envious of the practitioners of the natural and exact sciences. They have thought that introducing the methods of natural sciences…
Monetarists’ blind spot on quantitative easing
byMy latest article for the IEA: The Austrian school agrees that monetary policy errors were the cause of the recession, but believes that these…