Posted by Peter Boettke on June 16, 2009 at 01:03 PM Posted on The Austrian Economists When asked to sum up his contributions to public economics, James Buchanan jokingly suggested that “Don’t the the fox guard the chicken coop” might capture his basic point. Among the many brilliant insights in Buchanan’s work, his insistence on [...]
Tag Archives: James Buchanan
Don’t Let the Fox Guard the Chicken Coop
Posted in Economics 101 Also tagged Democracy in Deficit, Pete Boettke, The Austrian Economists Leave a comment
Extraordinary Times Requires…Well Ordinary Economics
Post by Dr. Peter Boettke I remained amazed concerning the mass hysteria of my chosen profession in times of adjustment. Why do we even talk of “depression economics” as if the lessons of economic science drastically change? Would it make sense to talk of “depression physics” or “depression biology”? Wouldn’t the teachings of physics and [...]
Posted in Economics 101, Free Markets Also tagged Center for the Study of Public Choice, F. A. Hayek, George Mason University, Henry Simons, Human Action, Keynesianism, Ludwig von Mises, Peter Boettke, Public Choice Theory, Richard Wagner, The Austrian Economists, THe Constitution of Liberty Leave a comment
