All Posts Tagged With: "economic fallacies"
The Economic Way of Thinking Makes a Comeback
As readers of this magazine know, its main goal, and that of FEE as a whole, is economic education—that is, to explain and spread essential economic insights so more people become familiar with the “economic way of thinking,” as Israel Kirzner called it. This brings insight to politics, society, and history. Above all, it gives [...]
25Aug2010 | Stephen Davies | 2 comments | ContinuedEconomic Facts and Fallacies
You don’t have to read far to find the focus of Thomas Sowell’s latest book, Economic Facts and Fallacies. It begins by quoting John Adams—“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence”—then immediately argues for the [...]
22Jan2009 | Gary M. Galles | 5 comments | ContinuedThe More Things Change . . .
Economic fallacies die hard, which is why reading Henry Hazlitt today is as worthwhile as it ever was. There is certainly a better understanding of the virtues and benefits of markets than there has been in many years—and Hazlitt’s work is surely part of the reason. But freedom will not be achieved by one man, [...]
1Nov2004 | Sheldon Richman | 0 comments | ContinuedDecency Requires a Minimum-Wage Law?
The libertarian cliché that “at least the Republicans are right on economic policies” suffered another setback on the August 11, 2003, Los Angeles Times op-ed page, where Republican Douglas MacKinnon argues that anyone who cares about the poor should be ashamed of the failure of the Senate to raise the minimum wage. His essay is [...]
1Mar2004 | Aeon J. Skoble | 0 comments | ContinuedPerspective: Economic Research and Economic Education
In 1948, Ludwig von Mises wrote a memorandum to FEE President Leonard Read on the objectives of economic education.[1] In this memorandum, Mises laid out the main fallacies . . . which economic education must unmask. Exposing economic error requires a transcendence of the practical problems of the day: The urgent tasks of the daily [...]
1Jan1997 | Peter J. Boettke | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
