-
Check out the documentary Demographic Winter . It features the Nobel Prize-winning Chicago economist Gary Becker , inter alii . It shows how economists are predicting a peak in world population by circa 2050. I am wondering what Austrian economists would think of this. Do they see a negative effect on...
-
The documentary Demographic Winter features the Nobel Prize-winning Chicago economist Gary Becker , inter alii . It shows how economists and demographers are predicting a peak in world population by circa 2050. Gary Becker et al. argue that birthrates are the best economic indicator. Is this true? What...
-
Under chapter 7 of Human Action under the part "2. The Law of Returns", there are some parts I don't quite follow: If we deviate from this optimal combination by increasing the quantity of C without changing the quantity of B , the return will as a rule increase further The producers goods...
-
I'll let others get into the meat and potatoes of the answer, but as a student of Austrian economics you should know that few things are "obvious" to most people. "Humans act" may also seem ridiculously obvious to the point of a waste of breath...but on the contrary, it is no...
-
I'm writing a short research paper for my micro class that's supposed to compare how the "Austrian," neoclassical, and behavioral "consumer." In other words, it's supposed to compare how these different schools of thought model consumer behavior. I'm at a loss as to...
-
There is a disturbing trend that I’ve come across lately and that is when, people of anarcho-capitalism persuasion drag down their fellow free-market libertarians and minarchists for not going 'all the way'. Now i personally would say that support the rights-based anarcho-capitalist ideal;...
-
Chapter seven (Actions Within the World) part three (Human Labor as a Means) subsection three (The Creative Genius) states as follows: Far above the millions that come and pass away tower the pioneers, the men whose deeds and ideas cut out new paths for mankind. For the pioneering genius [12] to create...