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No Nobel for Obamanomics?
MarketWatch has turned into The Onion, at least for this funny piece. In a decision as shocking as Friday’s surprise peace prize win, President Obama failed to win the Nobel Memorial Prize in Economic Sciences Monday. While few observers think Obama has done anything for world peace in the nearly nine months he’s been in office,... »
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... »
