Book Chapters

Displaying 1 - 10 of 16

Acting Man and Economics

Austrian Economics OverviewOther Schools of ThoughtPhilosophy and Methodology

People generally believe that economics is of interest only to businessmen, bankers, and the like and that there is a separate economics for every group, segment of society, or country. As economics is the latest science to have been developed, it is no wonder that there are many erroneous ideas...
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Pseudo-Science and Historical Understanding

There exist in nature constant quantitative relationships. The same, however, is not true in the field of human action, especially economics.
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Economics and Its Opponents

Free MarketsOther Schools of ThoughtPhilosophy and Methodology

People are surprised to learn that the so-called “liberals” are not in favor of freedom.
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How Keynes Took Over the World

Big GovernmentWorld HistoryOther Schools of Thought

In a few short years, Keynes conquered the economics profession and transformed public policy. How?
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The Group vs. the Collective

Philosophy and Methodology

We are told the individual must subordinate himself for the good of the group. But who shall lead this group? And to what end?
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The Gold Standard Act of 1900 and After

Gold Standard

The Gold Standard Act was only the first step on the much-needed path to fundamental banking reform.
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In Defense of "Extreme Apriorism"

Philosophy and MethodologyPraxeology

The stimulating methodological controversy between Machlup and Hutchison proves that there are sometimes more than two sides to every question.
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Economics in Service of the State: The Empiricism of Richard T. Ely

Big GovernmentU.S. HistoryWar and Foreign Policy

World War I was the apotheosis of the growing notion of intellectuals as servants of the State. Richard T. Ely was the leading progressive economist of this new breed.
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