All Posts Tagged With: "Nobel Prize in economics"
The 2010 Nobel Prize in Economics
The three winners are Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides for their work on the theory of unemployment. For rundowns of the contributions of these three men, see Tyler Cowen’s (somewhat technical) posts at Marginal Revolution. Tyler Cowen’s co-blogger, Alex Tabarrok, summarizes the prize thus: The 2010 Nobel Prize awarded to [...]
11Oct2010 | Sheldon Richman | 5 comments | ContinuedThe Importance of Ostrom
From Real Time Economics (Wall Street Journal): The main lesson is that common property is often managed on the basis of rules and procedures that have evolved over long periods of time. As a result they are more adequate and subtle than outsiders — both politicians and social scientists — have tended to realize. Beyond [...]
13Oct2009 | Sheldon Richman | 2 comments | ContinuedNoble Nobels
The awarding of the Nobel Prize in economics to Elinor Ostrom and Oliver Williamson has brought positive responses so far from:Arnold Kling – EconLogDon Boudreaux – Cafe Hayek Peter Klein – Organizations and Markets Edward Lopez – Division of LabourAlex Tabarrok – Marginal Revolution and hereScott Beaulier – The Economic Way of ThinkingPeter Boettke – [...]
12Oct2009 | Sheldon Richman | 1 comment | 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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