Steven Horwitz: Posted at The Coordination Problem Here is the most important blog post you will read all week, and it comes from the indispensible Bob Higgs. Bob points out that all the talk about “stimulating consumption” is beside the point because consumption spending is not the problem! Real personal consumption spending is now above [...]
Category Archives: Austrian Economics
The Constitution of Liberty, by F. A. Hayek
Reviewed by Irving Kristol From issue: April 1960 It is generally forgotten that Edmund Burke and Adam Smith were both Whigs. In our textbooks of political theory, they are segregated from, and opposed to, one another: the romantic exponent of tradition, authority, and the organic community, as against the individualist liberal who believed in laisser-faire. [...]
Posted in Austrian Economics Tagged Adam Smith, Edmund Burke, F. A. Hayek, Irving Kristol, THe Constitution of Liberty 4 Comments
“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem
Posted in Austrian Economics Tagged Austrian Economics, F. A. Hayek, John Maynard Keynes Leave a comment
Time for U.S. to declare bankruptcy
Scott Beaulier, and , Peter L. Boettke, Commentary: East Valley Tribune.com November 16, 2009 – 11:47AM The Treasury Department — whose mission has ostensibly expanded to include management of government finances, the promotion of economic growth and stability, and the provision of safety, soundness, and security in financial systems — will hit its debt ceiling [...]
Also posted in Economics 101 Tagged Adam Smith, Bankruptcy, F. A. Hayek, George Mason University, Independent Institute, Mercer University, Peter Boettke, Scott Beaulier Leave a comment
Human Action, 1949: A Dramatic Episode in Intellectual History
By Israel M. Kirzner: The Freeman • September 2009 • Volume: 59 • Issue: 7 A great book, it has been remarked, is like a great castle. It can be viewed from many different angles, each offering a unique perspective. Viewing Ludwig von Mises’s monumental work from the vantage of 2009 permits one to see [...]
History of Austrian Economics – Israel Kirzner
Dr. Israel Kirzner kicked off FEE’s Advanced Austrian Economics seminar with a terrific presentation on the history of Austrian Economics. This is a excellent opportunity to learn from one of Ludwig von Mises’s student’s who carries the torch of the Austrian School of Economics. Dr. Steve Hortwiz, another Austrian School economist, says of Dr. Krizner, [...]
