Tag: free market economics
Robert Murphy | Thursday September 29, 2016 at 4:00 AM PDT | Comments Off on Mises, Military, and Market
September 29 is the birthday of Ludwig von Mises, one of the giants of the Austrian School of economics. In my book Choice: Cooperation, Enterprise, and Human Action, I distill the work of Mises as presented in his masterpiece, Human Action. Elsewhere I have summarized his contributions to economic science, so in the present...
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Tags: Austrian School of Economics, central economic planning, Defense, free market economics, Human Action, Ludwig von Mises, military planning
Rebeca Zuñiga | Thursday March 10, 2016 at 5:23 PM PDT | Comments Off on Giancarlo Ibárgüen S. (1963 – 2016): A Champion of Liberty
Yesterday my heart sank when a former colleague sent me a note saying, “The greatest man is gone... Giancarlo passed away.” This “greatest man” was Giancarlo Ibárgüen S., the former president of Universidad Francisco Marroquin (UFM) in Guatemala, who lost his seven-year struggle with ALS at the age of 53. Giancarlo was my boss...
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Tags: Austrian School of Economics, Cervantes, Don Quixote, free market economics, Giancarlo Ibárgüen, Latin America, Liberty, Ludwig von Mises, Manuel Ayau, Universidad Francisco Marroquin
Benjamin Powell | Wednesday April 3, 2013 at 1:06 PM PDT | 2 Comments
In January I left Suffolk University to start the new Free Market Institute at Texas Tech University. I remain affiliated as a Senior Fellow with the Independent Institute and plan to continue my productive relationship with them well into the future. Since I’ve continued to write commentary for Independent some of you might have...
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Tags: Austrian School of Economics, College, Economics, Education, Free Market, free market economics, public choice
Robert Higgs | Tuesday February 19, 2013 at 9:59 AM PDT | 6 Comments
Arline Alchian Hoel reports that her father, Armen Alchian, “passed away peacefully in his sleep early this morning at his home in Los Angeles.” He was 98 years old. Armen Alchian was a major figure in the economics profession for more than half a century. At UCLA, where he spent his academic career as...
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Tags: Books, Culture, Economics, Education, Entrepreneurship, entrepreneurship, free enterprise, Free Market, free market economics, Innovation, microeconomics, New Institutional Economic, Property Rights, Ronald Coase, theory of the firm, transaction costs, University Economics, William R. Allen
Mary Theroux | Wednesday January 9, 2013 at 5:36 PM PDT | 0 Comments
I was surprised to see James Buchanan characterized in the New York Times as “an austere man with a severe aspect that many students found intimidating.” I was never a student of his, but the James Buchanan I had the pleasure of getting to know as a guest at numerous meetings of the Mont...
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Tags: Austrian School of Economics, Books, Constitution, constitutional economics, Economics, free market economics, James Buchanan, Law, Liberty, Mont Pelerin Society, Nobel Prize, Politics, Power, public choice, Sports
David J. Theroux | Monday December 10, 2012 at 9:14 PM PDT | 4 Comments
When Paul Krugman starts attacking us, we know we’re doing something right. John Maynard Keynes’s presumptive heir, Krugman apparently doesn’t like the findings of our recent book edited by Research Fellow David Beckworth, Boom & Bust Banking: The Causes and Cures of the Great Recession, exposing the profound fallacies of Lord Keynes’s love affair...
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Tags: American History, Books, Budget and Tax Policy, central bank, David Beckworth, deficit spending, Economics, Fannie Mae, Federal Reserve, Fiscal Cliff, Free Market, free market economics, Government subsidies, Great Depression, Great Recession, John Maynard Keynes, Keynesian economics, monetarism, Money and Banking, National Debt, Nationalization, Politics, Presidential Power, Propaganda, Scott Sumner, Taxation, The State, Unemployment
David J. Theroux | Wednesday September 5, 2012 at 10:32 PM PDT | 0 Comments
With the very exciting, rapid development of online learning, I am delighted that new programs to provide excellent courses in economics and history have recently been launched by scholars who have worked with the Independent Institute. 1. The first is from the historian and best-selling author Thomas E. Woods, Jr. (Senior Fellow, Ludwig von...
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Tags: Alex Tabarrok, American History, Austrian economics, Austrian School of Economics, Brion McClanahan, classical liberalism, Constitution, Economics, Education, Free Market, free market economics, History, Jason Jewell, Jeffrey M. Herbener, Jonathan Bean, Kevin R. C. Gutzman, libertarianism, Liberty, marginal revolution, MRUniversity, Personal Liberty, Philosophy, political correctness, T. Hunt Tooley, Thomas E. Woods, Tyler Cowen, Video
David J. Theroux | Saturday December 17, 2011 at 4:13 PM PDT | 0 Comments
Senior Fellow Robert Higgs is interviewed here by Thomas Woods on “The Peter Schiff Show.” Dr. Higgs discusses how the federal government prolonged and deepened the Great Depression of the 1930s that lasted until after World War II when such policies were either ended or radically reduced. Moreover, the current attempts at central-government planning...
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Tags: American History, Audio, Austrian School, Austrian School of Economics, Bailouts, Books, Budget and Tax Policy, Corporatism, deficit spending, Economics, Employment, federal debt, Federal Reserve, Free Market, free market economics, Government subsidies, Great Depression, Inflation, Keynesian economics, Mercantilism, Money and Banking, Nationalization, New Deal, Personal Liberty, Politics, Price Control, Progressivism, Regulation, Socialism, Taxation, The State, Unemployment, Welfare, World War II
David J. Theroux | Monday December 12, 2011 at 12:56 PM PDT | 0 Comments
Independent Institute Research Director Alexander Tabarrok is interviewed here by Ray Lehmann on the FIRE (Finance, Insurance & Real Estate News) Podcast for the Heartland Institute. The interview discusses many government barriers that exist that block innovation and what policy reforms could be adopted now to restore entrepreneurship and prosperity. Issues addressed include patents...
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Tags: bankruptcy, Books, deregulation, Economics, Education, Entrepreneurship, Free Market, free market economics, free markets, genetic testing, health and wealth insurance, human organ markets, Intellectual Property, intelligence gathering, investor protection, legal gridlock, Mercantilism, patents, Privatization, probation and parole, Property Rights, Steven Landsburg, Technology, urban transit
David J. Theroux | Wednesday November 3, 2010 at 10:36 PM PDT | 0 Comments
First performed publicly last week in New York at The Economist‘s conference, The Buttonwood Gathering, here is the sequel to the sensational rap video pitting the economic ideas of Austrian School economist F.A. Hayek against those of interventionist John M. Keynes. The original video, “Fear the Boom and Bust,” has had more than 1.5...
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Tags: and Cold War, Austrian School of Economics, Barack Obama, Books, Budget and Tax Policy, Depression, Economics, F. A. Hayek, Fear the Boom and Bust, Federal Reserve, Free Market, free market economics, George W. Bush, Government subsidies, Great Depression, Inflation, John M. Keynes, Jr., Kevin Dowd, Keynesian economics, Liberty, Media, Money and Banking, Power, Richard H. Timberlake, Robert Higgs, Socialism, The Economist, The State, Unemployment, Video, War