Archive for Gene Callahan

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Michael Oakeshott on Rationalism in Politics

The British philosopher and historian Michael Oakeshott is a curious figure in twentieth-century intellectual history. He is known mostly as a “conservative political theorist,” although he rejected ideology and his conservatism was primarily temperamental. Furthermore, his work on politics was only a fraction of his output, which comprised idealist philosophy, aesthetics, religion, education, the philosophy [...]

20Jan2009 | Gene Callahan | 3 comments | Continued

Consumption Must Be Curtailed to Sustain the Human Race? It Just Aint So!

Gene Callahan is the author of Economics for Real People and Puck: A Novel.
Jared Diamond, in a January 2 op-ed in the New York Times, argues for a political solution to what he sees as a looming “consumption crisis” facing humanity. He notes that the current consumption of many resources, such as oil and metals, [...]

1Apr2008 | Gene Callahan | 0 comments | Continued

Is Fair Trade a Fair Deal?

Gene Callahan is the author of Economics for Real People.
We’ve all seen the signs in our local cafes, boasting something like: “We proudly sell coffee brewed with Fair Trade coffee beans, acquired at a price that permits sustainable farming and pays growers a living wage.” These posters are part of a popular trend in “progressive” [...]

1Mar2008 | Gene Callahan | 0 comments | Continued

How a Free Society Could Solve Global Warming

The phrase“global warming” has been around for quite some time, but in the past year it has captured the spotlight as never before. One can’t turn on the radio or open a newspaper without facing ads from “green” corporations, or hearing the latest way to reduce one’s “carbon footprint.” With even prominent Republicans (such as [...]

1Oct2007 | Gene Callahan | 1 comment | Continued

Athletes’ Salaries Too High? Sports Fans, Blame Yourselves

Gene Callahan is the author of Economics for Real People.
I was sitting in a sports bar recently when the bartender and three of the patrons near me began discussing the salary of New York Yankee third-baseman Alex Rodriguez. (Rodriguez currently makes roughly $25 million per season.) One of the customers said it was absurd that [...]

1Jul2007 | Gene Callahan | 0 comments | Continued

The Vanity of the Philosopher: From Equality to Hierarchy in Post-Classical Economics

By Sandra J. Peart and David M. Levy Reviewed by Gene Callahan

1Apr2007 | Gene Callahan | 0 comments | Continued

Sales, Flat, or Spherical, Tax Reform Isn’t the Answer

Lately there has been a flurry of interest in tax reform, typically aimed at making compliance less onerous, removing the incentive for special-interest lobbying, and reducing the size and intrusiveness of the tax-collection agency. While few people will reject those ends, that does not imply that the attempt to achieve them is the optimal use [...]

1Nov2006 | Gene Callahan | 10 comments | Continued

Inflation Is a “Phantom Menace”? It Just Ain’t So!

Gene Callahan is the author of Economics for Real People: An Introduction to the Austrian School and the just-published novel Puck.
Princeton University economist Paul Krugman, in his New York Times column of June 16, argues that the current fears about an increase in the U.S. inflation rate actually pose a more serious threat to the American [...]

1Oct2006 | Gene Callahan | 0 comments | Continued

Free-Trade Theory No Longer Applies? It Just Aint So!

Gene Callahan is the author of Economics for Real People.
In an op-ed in the January 6 New York Times, “liberal” U.S. Senator Charles Schumer and conservative economist Paul Craig Roberts tapped into the anxiety felt by many Americans about their changing roles in the global economy. The authors argued that new economic conditions undermine the [...]

1May2004 | Gene Callahan | 0 comments | Continued

Money Talks?

Gene Callahan is the author of Economics for Real People (Mises Institute).
When discussing business dealings, the phrase “Money talks!” often comes up. A similar aphorism is, “He who pays the piper calls the tune.” The idea behind such sayings is that a person who is paying money is the superior of the person receiving the [...]

1Sep2003 | Gene Callahan | 0 comments | Continued

The Road to Liberty: Persuasion and Aggression

Gene Callahan is the author of Economics for Real People (Mises Institute). He would like to thank Jan Lester and Paul Birch for helpful comments on earlier versions of this article. This is drawn from a lecture given at FEE in February.
I would like to highlight two diametrically opposed ideas that I believe can [...]

1Jun2003 | Gene Callahan | 0 comments | Continued

Book Review ~ Microfoundations and Macroeconomics: An Austrian Perspective by Steven Horwitz

Routledge · 2000 · 276 pages · $100.00
Reviewed by Gene Callahan
Professor Steven Horwitz of St. Lawrence University has written an important new book laying the foundation of an Austrian school approach to macroeconomics. Horwitz is not addressing only fellow economists: While this book is certainly not an introductory work (don’t give [...]

1Dec2001 | Gene Callahan | 0 comments | Continued