Tag Archives: Economics

Richard von Mises: Positivism – A Study in Human Understanding

by Aschwin de Wolf Posted on October 19, 2011

Unlike his rationalist brother Ludwig von Mises, Richard von Mises had strong empiricist leanings, which found expression in his frequency interpretation of probability and his qualified endorsement of logical positivism (or logical empiricism). His Kleines Lehrbuch des Positivismus was published … Continue reading →

Posted in Economics, Philosophy, Science | Tagged Alfred J. Ayer, Biology, Dualism, Economics, Empiricism, Frequentism, Game Theory, Hans Reichenbach, John von Neumann, Logical Positivism, Ludwig von Mises, Murray Rothbard, Oskar Morgenstern, Otto Neurath, Physicalism, Physics, Richard von Mises, Robert Lucas, Rudolf Carnap, Social Science | Comments Off

A positive-sum game against nature

by Aschwin de Wolf Posted on December 19, 2010

Whenever there is a major economic event (a rapid decline of stock prices, a spike in the price of oil, high unemployment, etc.) the media can be counted on to feature a person who was predicting these events all along. … Continue reading →

Posted in Economics, Science, Society | Tagged Anthony de Jasay, Economic Forecasting, Economics, Game Theory, Journalism, Nassim Nicholas Taleb | Comments Off

Theodore Dalrymple on the culture of inflation

by Aschwin de Wolf Posted on September 6, 2009

In the Summer 2009 issue of City Journal Theodore Dalrymple discusses the cultural effects of inflation: asset inflation—ultimately, the debasement of the currency—as the principal source of wealth corrodes the character of people. It not only undermines the traditional bourgeois … Continue reading →

Posted in Economics, Politics | Tagged Austrian Economics, City Journal, Consumerism, Deflation, Economics, Inflation, Jörg Guido Hülsmann, Keynesian Economics, Libertarian Socialism, Picoeconomics, Progressives, Theodore Dalrymple | Comments Off

Market fundamentalism

by Aschwin de Wolf Posted on December 9, 2008

A recent trend in progressive thinking is to accuse opponents of “market fundamentalism.” That seems to be a smart rhetorical tactic because a) it rides on the wave of concerns about any kind of fundamentalism, and b) the phrase appeals … Continue reading →

Posted in Economics, Politics | Tagged Anthony de Jasay, Bryan Caplan, Democracy, Economics, Market Fundamentalism, Murray Rothbard | Comments Off

Tag Archives: Economics

A positive-sum game against nature

Theodore Dalrymple on the culture of inflation

Market fundamentalism

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