Calculation and Knowledge

Displaying 41 - 50 of 521

The Rothbard/Higgs/Vedder and Gallaway Thesis

Booms and BustsCalculation and Knowledge

Blog04/08/2013

Murray Rothbard argued that the cause of the Great Depression was the result of Herbert Hoover's New Deal policies which sought to keep wages and profits high. Robert Higgs, Richard Vedder and Lowell Gallaway extended this thesis to FDR's New Deal policies which created artificially high...

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My Apology to Paul Krugman

Calculation and Knowledge

Blog02/15/2013

From time to time I have been critical of Professor Paul Krugman, the Nobel Laurette from Princeton University and the New York Times. Recently I criticized his use of the babysitter model of the...

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Inflation Alarms May Signal Real Threat ?

Calculation and KnowledgeInterventionism

Blog01/15/2013

The Wall Street Journal takes note of Paul Krugman’s attack on “Austrian/Ron Paul types” (1/13/13) page C1, “Ahead of the Tape”).

We have all heard of the boy who cried wolf.

A similar charge is being leveled against pundits who

...

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Put that in your pipe

Calculation and Knowledge

Blog11/07/2012

Many marijuana issues were on ballots in yesterday's election. Marijuana was legalized in Colorado and Washington. The city of Detroit passed a law decriminalizing marijuana possession. The state of Massachusetts passed a medical marijuana law. Several ballot measures involving marijuana...

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Krugman's MMMF Question

Financial MarketsCalculation and Knowledge

Blog09/17/2012

Paul Krugman attacked Ron Paul, Paul Ryan, and “Honest Money” and also took a shot at Austrian economists on his blog today. He called honest money a “Ron Paul dog whistle...

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Mises.org now validates against web standards

Calculation and Knowledge

Blog05/21/2008

If you've emailed the webmaster with suggestions and requests to make Mises.org more web standards compatible, be assured that your efforts were not for naught: the majority of Mises.org...

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Copyright and the Intellectuals

Calculation and KnowledgePolitical Theory

Blog05/16/2008

While IP may not stimulate true innovation and creativity, Hayek suggests that copyright might stimulate something more pernicious: the intellectual class. In "The Intellectuals and Socialism," he writes:

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Ideas Are Easy... Execution Is Difficult

Calculation and Knowledge

Blog05/16/2008

Excellent post by Mike Masnick on Techdirt:

It's an ongoing theme around here, but ideas are everywhere. The real trick to making...

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Machine to explain the economy (1949)

Calculation and Knowledge

Blog05/09/2008

Thanks to Don Lloyd for this link to an interesting story about a British machine that modeled the workings of the British economy:

A sensation when it was unveiled at the London School of...

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A Catechism on Political Economy

Calculation and KnowledgeValue and Exchange

Blog04/22/2008

I surely should have heard about J.B. Say's Catechism on Political Economy, but in fact I don't recall knowing about it. It appears in this newly uploaded and bookmarked volume Letters to Malthus. So a short sample:

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