All Posts Tagged With: "laws of economics"
Congress Can’t Repeal Economics
It’s raining! I don’t like it! Why hasn’t Congress passed the Good Weather Act and the Everybody Happy Act? Sound dumb? Why is it any dumber than a law called the Patient Protection and Affordable Care Act, which promises to cover more for less money? When Obamacare was debated, we free-market advocates insisted that no [...]
22Dec2010 | John Stossel | 13 comments | ContinuedThe Anatomy of Economic Advice, Part II
How can positive science (consisting entirely of “is” statements) be translated into “ought” statements within the framework of economic understanding? In the first part of this series we drew attention to some of the paradoxes surrounding economic advice.
1Sep2006 | Israel M. Kirzner | 0 comments | ContinuedAn Open Letter to Senators Clinton and Schumer
Dear Senators Clinton and Schumer: Having accepted a position on the economics faculty at George Mason University, I just moved from New York to Virginia. But until recently, you were my representatives in the world’s greatest deliberative body. I write to you now on a matter of maximum importance to me, to the Foundation for [...]
1Sep2001 | Donald J. Boudreaux | 0 comments | Continued-
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Creating Jobs versus Creating Value
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