All Posts Tagged With: "microeconomics"
Where To Begin?
Choosing the right unit of analysis is more than an academic exercise. It’s a matter of poverty and prosperity, even of death and life.
6Sep2011 | Sandy Ikeda | 3 comments | ContinuedA Microeconomist’s Protest
The conventional macroeconomic diagnosis and proposed cures ignore many important structural or microeconomic factors.
1Apr2009 | Mario Rizzo | 27 comments | ContinuedWhy Are Economists So Misunderstood?
Here is a puzzle. I’m at a social gathering that includes some doctors. One doctor is discussing a prescription drug for a particular ailment. I interrupt with a lengthy discourse on the medication, explaining that the doctor’s understanding is faulty. He has misunderstood the most important applications of the drug. His analysis of the side [...]
1Jan2004 | Russell Roberts | 8 comments | ContinuedVienna and Chicago: A Tale of Two Schools
Since its inception, the Foundation for Economic Education has been associated with two free-market schools, the Austrian school of Ludwig von Mises and, to a lesser extent, the Chicago school of Milton Friedman. Mises, after leaving Vienna for New York City, was closely involved with Leonard Read, FEE’s founder. He spoke frequently at FEE’s headquarters in Irvington-on-Hudson, and wrote regularly for The Freeman.
1Feb1998 | Mark Skousen | 2 comments | Continued-
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