Philosophy and Methodology

Displaying 11 - 20 of 2202

What Most Critics of "Markets" Get Wrong about Entrepreneurs

Free MarketsEntrepreneurshipPhilosophy and Methodology

Blog03/28/2019

Thanks to entrepreneurs, markets are dynamic and constantly expanding. Attempts by governments to manage prices through the bureaucracy are sure to hinder this dynamism and drive to serve customers.

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Ludwig von Mises on the Difference Between Entrepreneurs and Managers

The EntrepreneurPhilosophy and MethodologyValue and Exchange

Blog02/28/2019

When Mises noted that a manager is a "junior partner" of the entrepreneur, he did not mean to downplay the role of management in the economy.

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The Case for Legalizing Blackmail

Legal SystemPhilosophy and Methodology

Blog02/21/2019

The recent controversy over Jeff Bezos has spawned an interesting debate among free-market economists on whether blackmail should be legalized.

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Lange, Mises and Praxeology: The Retreat from Marxism

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology

Blog02/19/2019

Oskar Lange was a Marxist economist and intellectual opponent of Mises. Late in his career, he sought to merge praxeology and Marxism. 

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Why the "Golden Rule" Is an Obstacle to the Government's Agenda

Big GovernmentPhilosophy and Methodology

Blog02/18/2019

All too often, many want governments to do things to others we wouldn't want to have done to us.

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The Ethics of Capitalism

From the ArchivesLegal SystemPhilosophy and Methodology

Blog02/14/2019

There is no justification for any lawful entrepreneur to feel any sense of guilt in appropriating the results of his or her creative activity.

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Why Austrian Economics Is More Reality-Based than the Neoclassical Approach

Austrian Economics OverviewHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog02/02/2019

A sober look at the assumptions underlying neoclassical analysis reveals that they are either not realistic or not applicable in economic analyses of the real world.

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When Science Isn't Science

Philosophy and Methodology

Blog01/24/2019

Many modern scientists simply follow in the footsteps of Jacques Cousteau who once opined that “world population must be stabilized and to do that we must eliminate 350,000 people per day.”

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On Being an Economist

EducationPhilosophy and Methodology

Blog01/22/2019

The economist’s lot is to study a field in which, almost more than any other, human folly displays itself. 

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Two Definitions of "Freedom" — Only One of Them Is Right

Philosophy and Methodology

Blog01/18/2019

Many Americans now believe in a version of "freedom" which is nothing of the sort — because it requires more violent coercion exercised by government agents.

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