All Posts Tagged With: "consumer preferences"
Naive Keynesianism: A Failure of Imagination
Each of us has a set of peeves—things that disproportionately irritate us. By their nature, most peeves are small. For example, I bristle at the failure to use hyphens correctly. As my late, great teacher Fritz Machlup pointed out, a foreign exchange student is typically not a foreign-exchange student. The first is a student studying [...]
21Apr2011 | Donald J. Boudreaux | 8 comments | ContinuedHuman Action: The Treatise in Economics
“Next week we will discuss the master’s work.” So stated Dr. Hans Sennholz to close his graduate seminar during my junior year at Grove City College. I had owned a copy of Human Action since my freshman year, but the book was too daunting for me to really study it. I preferred to read Henry [...]
19Aug2009 | Peter J. Boettke | 1 comment | ContinuedSacrificing Lives for Profits
I pointed out in my last column that despite what people commonly say about how human life is priceless, they put a price on their lives every day with their actions. People take chances that shorten their life expectancies to do things that are fun, and for the convenience and savings of not taking every precaution possible.
1Nov2000 | Dwight R. Lee | 1 comment | Continued-
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