Tag Archive
Chinese Ghost Town
It is sad to see a once-thriving city deserted. The heart-breaking sight of a handful of forlorn stragglers and struggling businesses remaining from what once was a bustling community makes us wonder, “why, why?” The painful legacy of broken families, the receding memories of what once was, and hopelessness among the young... »
Some Video from ASSC
Just a taste of the presentations that you can find at ASSC: Uncertainty and the Role of Bureaucratic Management within the Firm by David Gernhard (Grove City College) A Combinatorial and Praxeological Exploration of the Economic Calculation Problem by Abhinandan Mallick (University of Birmingham) Stateless Law in the Highlands of Guatemala by Michelle Carrera (Universidad Francisco Marroquin) Click here to... »
Can Government Fight Epidemics?
The production and distribution of a flu vaccination requires the harmonious cooperation of many different types of entrepreneurs, scientists, laborers, and logistics managers across space and time. This structure of production must be guided by economic calculation. FULL ARTICLE by Eric Staib Click here to read the entire article… ... »
Foss & Klein: "Austrian Economics and the Transaction Cost Approach to the Firm" [Libertarian Papers]
“Austrian Economics and the Transaction Cost Approach to the Firm” by Nicolai J. Foss and Peter G. Klein, was published today in Libertarian Papers. The article discusses, inter alia, the work of Oliver Williamson, who was today named the winner, along with Elinor Ostrom, of the Sveriges Riksbank Prize in Economic Sciences in Memory... »
Happy Birthday to Mises
Steven Horwitz Born today in 1881, Ludwig von Mises was one of the 20th century's most important intellectuals and one of its most passionate defenders of freedom. He is the economics equivalent of the giants of all the other disciplines (e.g., Einstein). And as Mario Rizzo notes over at ThinkMarkets, he is responsible for what... »
