What is Old School Economics?
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common
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While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that
Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins,
The Ukraine war rages on and while the media and political classes repeat the “Putin started it” mantra, the evidence points elsewhere.
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Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.