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Show Me the Empirical Success of the Empirical Method in Economics
In the comments of my latest post, as well as the second front of this war going on here, we’ve been raising the usual issues that come up in this debate on the empirical method in economic science. I have to be brief, but let me summarize my perspective: (1) Many people simply assume that […]
Read moreThoughts on Job
In my nightly Bible reading, I have hit the Book of Job. At first glance, this is a very troubling story for a Jew / Christian, because it apparently casts God in an unflattering light. Here’s the setup (Job 1:6-22): 6 Now there was a day when the sons of God came to present themselves […]
Read moreMoney for Nothing Trailer
Does anybody know about this? I am surprised by the strength of some of the statements from Fed officials in this trailer. Here’s the website for the documentary.
Read moreThe Intellectual Bankruptcy of (Mainstream) Macroeconomics
I borrowed that title from Russ Roberts (but inserted the qualifier “mainstream” since, of coure, I love how the Austrians do “macro” topics like business cycle theory). You may recall that Russ was the inspiration for my recent post where I chortled over (what Russ and I thought was) a clearly botched prediction from Krugman […]
Read more“Paul Krugman’s Problem”
The creator of this video, Skyler Lehto, sent it to me when he first posted it, but I lost track of it on my browser and didn’t actually watch it until Danny Sanchez popped into my office (I’m at the Mises Institute for a few days) and mentioned it. This video certainly won’t convince Krugman […]
Read moreUpcoming Speaking Engagements
You’ve been reading Free Advice for years, but have never had the pleasure of seeing me in person? Well now’s your chance! ==> I will be speaking at the Libertarian Party of Illinois’ convention. On Friday September 20 I’ll be hosting “Freedom Karaoke” (really), and on Saturday September 21 I’m giving a talk on Keynesian […]
Read moreThe Really Important Thing About Syria…
…is that it rights the Bush Record, at least according to some people on Facebook who just posted this: I’m posting this simply because I am in awe of it. Just off the top of my head: ==> I don’t remember President Bush, Don Rumsfeld, or Colin Powell saying, “There are WMDs in the Middle […]
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