Other Schools of Thought

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Socialism Is No Longer a Dirty Word

SocialismOther Schools of Thought

Blog10 hours ago

Socialism has long led to pitting one group against another. But many younger taxpayers have yet to see the downside to this. 

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Böhm-Bawerk vs. the Neoclassical School

Austrian Economics OverviewHistory of the Austrian School of EconomicsOther Schools of Thought

Blog05/23/2018

A debate between Böhm-Bawerk and John Bates Clark helps explain the foundational differences between Austrians and neoclassical monetarists. 

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No More Top-Down Revolutions

Other Schools of ThoughtPhilosophy and Methodology

Blog05/07/2018

Without Lenin's political successes, Marx's writings would have been forgotten long ago.

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"More Data" Won't Improve Economists' Lousy Predictions

Booms and BustsBusiness CyclesOther Schools of Thought

Letting data drive theory is like groping in the dark hoping to find not only a light switch, but the very idea of a light switch as well. 

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The Static Mentality

Free MarketsOther Schools of Thought

Blog04/09/2018

One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.

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Class Conflict and Revolutionary Socialism

SocialismOther Schools of Thought

Blog03/16/2018

The fundamental concept of the Communist Manifesto  was that of “class” and “class conflict.” But Marx didn’t say what a “class” was.

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Austrians vs the Mainstream: on Taxes

Taxes and SpendingOther Schools of ThoughtPhilosophy and Methodology

Blog03/15/2018
Perhaps it is time for mainstream economists to reevaluate their methodology on taxes.

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Robert Reich Gets These Seven Economics "Fundamentals" Very Wrong

Labor and WagesU.S. EconomyOther Schools of Thought

Blog03/09/2018

Robert Reich isn't interested in economics. His pronouncements are simply clarion calls to destroy wealth and spread poverty.

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Carl Menger vs. Gustav Schmoller and the Socialists of the Chair

History of the Austrian School of EconomicsOther Schools of Thought

Blog03/01/2018

The debate on method between Menger and Schmoller was useful for the clarification of the differences between theoretical and applied economic research.

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