Clarifying Scarcity: The Garden of Eden
Did scarcity begin with Adam and Eve in the Garden of Eden? Or were human beings and their surroundings already bound by time and space before they ate the forbidden fruit?
View ArticleFrom Athens to Vienna: Understanding a System of Ethics
In his review of The Political Thought of David Hume: The Origins of Liberalism and the Modern Political Imagination, David Gordon examines systems of ethical norms. The Misesians have the best...
View ArticleHazlitt Against Keynes on Unemployment and Wages: A Lesson for Modern...
Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes' General Theory.
View ArticleEconomics Needs a New Methodenstreit Based on Austrian Methodology
The Methodenstreit between the Mengerian Austrian School and the German Historical School needs to be rejoined. Mainstream economists are embracing the historicist approach, which is not real...
View ArticleGuido Hülsmann's Gratuitous Intellectual Donation
In his new book Abundance, Generosity, and the State: An Inquiry into Economic Principles, Guido Hülsmann explains how mutual economic exchanges create gratuitous benefits. As David Gordon notes,...
View ArticleMarx, Class Conflict, and the Ideological Fallacy
According to Marx, all ideas represent class-based interests, leaving no room for objective truth. The problem is that Marxists claim to hold to objective truth, but manage to contradict themselves.
View ArticleCarl Menger's Overlooked Vital Evolutionary Insights
Carl Menger is best known for his vital role in creating the marginal revolution of 1871. However, Menger’s insights ranged well beyond value theory, as he wrote excellent commentary on money and...
View ArticleHow States Think: The Rationality of Foreign Policy
Zachary Yost reviewed John Mearsheimer and Sebastian Rosato's recent book How States Think: The Rationality of Foreign Policy. While the book is an excellent source of historical reflection, there are...
View ArticleMurray Rothbard Understood the Importance of Self-Ownership
As Murray Rothbard noted, reason is a powerful tool to help us discern how to thrive in our world. Government, through propaganda and interference with education, seeks to stifle reason and replace it...
View ArticleConservatives Are Wrong on Economics. Here's How to Fix the Problem.
While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to carefully explain why those beliefs...
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