Tag Archives: Academia

Economists Misunderstand What They Teach

A popular theorem within economics comes from Ronald Coase, an economist who won the Nobel for his analysis of the firm and revitalization of institutional analysis. The Coase Theorem, as vocalized by George Stigler, suggests that so long as transaction … Continue reading

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Machlup and Friedman: Why Economists Disagree

Originally written for the Students For Liberty Blogging Series, posted here on 2.2.15. We see their televised debates, their influence on the floor of Congress, and their arguments in our bank accounts. Economists are powerful, but are notorious for disagreement. … Continue reading

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History Through the Western Canon

The Truth is rarely pure, and never simple – Oscar Wilde can· on noun \ˈka-nən\ a general law, rule, principle, or criterion by which something is judged. Human progress has been a constant stream of oppression, struggle, death, and finally, … Continue reading

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