Debunking Thomas Piketty And The Left’s Other Celebrity Economists
It doesn’t take long to encounter problematic and easily disprovable statements by the French economist who has been referred to as “the modern Marx.”
Category: ECONOMICS FOR BUSINESS
Eric Weinstein Is the Latest “Thinker” To Confuse Economics With Maths
A decent caricature of Weinstein’s position is that until everything has been mathematized, economics remains unscientific.
Does the Documentary “The Social Dilemma” Get It Right?
Big Tech has found a way to create value out of previously-unused resources. If consumers really valued privacy, they would pay for it.
How The Greeks Helped Business By Creating Legal Stability
“A rigid and complex procedure was introduced in Athens in order to discipline legislative innovations.”
Jesús Huerta de Soto’s Six Stages of the Austrian Business Cycle
Understanding these stages will alone make you more intelligent than 99% of politicians and economics professors
Are Giant Corporations an Inherent Feature of Free Markets?
Typically, huge corporations are creatures of marketlessness. Their enormous size is an indication that they benefit from artificial barriers to entry, and that other firms are prevented from competing with them..