Archive for Economics
Learn Principles of Economics Online
Hey everybody, just a reminder that Wednesday my Mises Academy class starts, highlighting the most important stuff for a beginner from my Lessons for the Young Economist. Here is the infomercial about the course, and note we now have a screen shot of the syllabus.
Read moreOld-School Mises
Vaughn Kraft, one of my frequent Mises Academy students, sent me this email (and gave permission to reprint): A gentleman friend of mine had recently told me a story about his interview with Von Mises to enter the Austrian master’s program. This took place around 1959 or 1960, when Von Mises interviewed him for the [...]
Read moreWhat’s Worse (Better) Than Sunday Blog Posts?
A whole conference dedicated to bringing free-market ideas to evangelical Christians! (The link is to the main website of The Institute for Faith, Work, and Economics, which is hosting me and a dozen or so other theologians and/or economists at a conference outside of DC.) They showed us this snazzy video after the opening dinner: [...]
Read moreMurphy vs. Graeber on Money, Round 2
Some 5,000 years ago, anthropologist David Graeber and I battled over his scathing critique of the standard economist (and Mengerian) account of the origin of money. He insisted that I read his book before sputtering more nonsense, and so I got The American Conservative to get me a copy. My review is now online. The [...]
Read moreEveryone On the Internet Thinks I’m Hilarious
Or at least, of the people who are my Facebook friends, that is the overwhelming consensus. In related news, here are “4 Politically Controversial Issues Where All Economists Agree” (actual title), which I got from an enthusiastic link from Daniel Kuehn. Here are the four issues, as the blogger (Adam Ozimek) titles the sections–and I’m [...]
Read moreLandsburg v 2.0: This Time, It’s Personal
Steve Landsburg is putting out a revised edition of his classic, The Armchair Economist. Full details here. Although Murray Rothbard is the economist who most influenced me, Landsburg’s book might be the single most influential volume in terms of how I try to relay economics to the layperson. What may interest you is that I [...]
Read moreKrugman Throws 99% Under the Bus on Inflation?
Uh oh, I know some of you don’t like it when I say this, but I think we have another Krugman Kontradiction on our hands… In his recent op ed calling for a moderate increase in inflation, Krugman writes: [W]ould a rise in inflation to 3 percent or even 4 percent be a terrible thing? [...]
Read moreOn the “Big Oil Tax Loopholes”
I have a commentary at the Institute for Energy Research (IER) on the Administration’s recent efforts to stick it to the big oil companies. An excerpt: The rhetoric concerning the domestic manufacturing deduction is particularly silly. Back in 2004 Congress changed the tax code to encourage companies to keep their production activities within the United [...]
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