Why did the modern economic revolution in production and trade first happen in north-western Europe? At the APEE conference, Deirdre McCloskey delivered a plenary address based on her new book, Bourgeois Dignity: Why Economics Can’t Explain the Modern World. Her argument is that neither material resources nor technology nor capital accumulation nor geographical factors drove […]
APEE update — Deirdre McCloskey Read More »
First published in 1912 ago, Mises’s The Theory of Money and Credit makes this observation: “Gold is not an ideal basis for a monetary system. Like all human creations, the gold standard is not free from shortcomings; but in the existing circumstances there is no other way of emancipating the monetary system from the changing
Mises on the relative imperfections of the gold standard Read More »
I will be giving a keynote lecture in Argentina at the invitation of the Bases Foundation and the School of Economics of the Catholic University in Rosario. The event is the Third International Conference on “The Austrian School of Economics in the 21st Century,” which will be held August 5-7, 2010. The title of my
Keynote lecture in Argentina Read More »
At the APEE conference next month in Las Vegas, I will be presenting “The Evolution of the Mixed Economy – A Schematic Approach.” My talk integrates themes from several major thinkers from whom I have learned a great deal: Adam Smith, Ludwig von Mises, Ayn Rand, Friedrich Hayek, Milton Friedman, James Buchanan, and Gordon Tullock.
APEE talk on the mixed economy Read More »
Atlas is not shrugging at Francisco Marroquín University in Guatemala.
An inspiring university points to the future Read More »
Putting into one flowchart what I have learned from Adam Smith, Ayn Rand, Ludwig von Mises, Friedrich Hayek, Milton Friedman, James Buchanan, and Gordon Tullock. The flowchart is in spreadsheet format: the short version and the long version in Excel 2007 or in Excel 97-2003. Update: DJ Dates has a cool, scalable Google maps version
Pathologies of the mixed economy (or, How we got into this frackin’ mess) Read More »