All Posts Tagged With: "Tyler Cowen"
There Is No Great Stagnation: Coffee Edition
The wonderful thing about markets is that firms are always trying to figure out how to deliver the things consumers want.
22Dec2011 | Steven Horwitz | 35 comments | ContinuedCentral Banking Beats Free Banking?
In “More Bits on Whether We Need a Fed,” a November 21 Marginal Revolution blog post, George Mason University economics professor Tyler Cowen questions “why free banking would offer an advantage over post-WWII central banking (combined with FDIC and paper money).” He adds, “That’s long been the weak spot of the anti-Fed case.” Free banking [...]
23Mar2011 | Fred E. Foldvary | 3 comments | ContinuedCorruption in Government? Shocking!
It’s funny how the people who push hardest for government intervention in more and more areas are the first to gripe that everything has become politicized. What were they expecting? Did they forget that government is a political institution? Paul Krugman and Chris Matthews, among other Progressives, are apoplectic because two senators of the minority [...]
20Apr2010 | Sheldon Richman | 3 comments | ContinuedThe Fed Didn’t Bail Out Wall Street?
In his New York Times column (“It’s Monetary Policy, Not a Morality Play,” September 9, 2007), Tyler Cowen decried the clichéd pattern of casting all financial stories into “simple moral narratives.” Although many commentators have questioned the Fed’s handling of the credit crunch last August and September, Cowen sees no hanky-panky: Talk of a bailout [...]
1Jan2008 | Robert P. Murphy | 4 comments | ContinuedMade Everywhere
In June I suggested that since exports and imports are defined with reference to economically irrelevant political boundaries, the very concepts are invidious: “There is only what I make and what everyone else makes.” Here’s another way to illustrate the point, compliments of economist Sudha Shenoy of the University of Newcastle, Australia. Shenoy shows that in [...]
1Jul2007 | Sheldon Richman | 0 comments | ContinuedHayek, Coase, and Buchanan on the Market Process
Donald Boudreaux is chairman of the economics department at George Mason University. Compared to most other economists, my George Mason University colleagues and I put more emphasis on books than articles. Tyler Cowen, one of my most accomplished colleagues, often describes GMU Economics as a “book department.” This affection for books doesn’t mean that we ignore [...]
1Jun2007 | Donald J. Boudreaux | 2 comments | ContinuedThe End Run to Freedom
What does the future hold for economic life in the United States? Will we move toward greater freedom or less? What role will ideas and rhetoric play, if any, in making sure that the direction is one that lovers of freedom prefer?
1Jun2006 | Russell Roberts | 0 comments | ContinuedSo Much to Read!
A student recently asked me to recommend books that will help her to better understand the economy and society. I love such questions because they give me the opportunity to recall books that were especially important in my own intellectual development, and to reflect anew on their messages. So here I list the ten non [...]
1Apr2006 | Donald J. Boudreaux | 0 comments | ContinuedBook Reviews – October 2003
The Illusion of Victory: America in World War I by Thomas Fleming Basic Books • 2003 • 543 pages • $30.00 Reviewed by Richard M. Ebeling Imagine how different the twentieth century might have been if Lenin and the Bolsheviks had never come to power in Russia in 1917 and had not set in motion all the cruel crimes that were [...]
1Oct2003 | FEE Admin | 0 comments | ContinuedMoney Talks?
When discussing business dealings, the phrase “Money talks!” often comes up. A similar aphorism is, “He who pays the piper calls the tune.” The idea behind such sayings is that a person who is paying money is the superior of the person receiving the money. The payer gets to determine the nature of the relationship, [...]
1Sep2003 | Gene Callahan | 1 comment | ContinuedWhat Price Fame? by Tyler Cowen
Harvard University Press • 2000 • 248 pages • $22.00 As it happens, I’m writing this review on the 20th anniversary of the murder of John Lennon. This is an event about which it is appropriate to ask: What price fame? Lennon’s fame was precisely what lured Mark David Chapman to murder him. By murdering [...]
1May2001 | Donald J. Boudreaux | 0 comments | ContinuedIn Praise of Commercial Culture
For most of this century, capitalism was regularly accused of not delivering the goods as efficiently as could socialism. Today, this accusation packs as much persuasive force as do claims that ouija boards foster communication between the living and the dead. Even capitalism’s most strident critics today admit that capitalism can’t be beat at satisfying [...]
1May1999 | Donald J. Boudreaux | 0 comments | ContinuedRisk and Business Cycles: New and Old Austrian Perspectives
Leland B. Yeager is Ludwig von Mises Distinguished Professor Emeritus of Economics at Auburn University. The Austrian theory of the business cycle describes how expansion of money and credit can cause recession or depression. Perhaps under political pressure to cut interest rates, the monetary authorities expand bank reserves. Business firms find credit cheaper and more [...]
1Sep1998 | Leland B. Yeager | 1 comment | Continued-
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