In his little book ‘Game Theory: A Very Short Introduction‘ Ken Binmore writes: Real people seldom think rational thoughts about whether to vote or not.
One of the best ways to communicate the general outlook of a website is to recommend a set of books that embody its perspectives on
Unlike his rationalist brother Ludwig von Mises, Richard von Mises had strong empiricist leanings, which found expression in hisfrequency interpretation of probability and his qualified
Paul H. Rubin’s Darwinian Politics: The Evolutionary Origin of Freedom is a fine introduction to the sociobiology of politics. Rubin is a self-identified libertarian but
In 1970, The Individualist ran an article called The Factory Exploitation Myth by Rod Marris. This article not only sought to correct some widespread misconceptions
One of James Buchanan’s most interesting papers is The Ethics of Debt Default (1987), first published in the book Deficits (a collection of public choice
In 1940 the American author Lothrop Stoddard published an account of wartime Nazi Germany called “Into the Darkness.” Although the book is supposed to be
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
Economist Bryan Caplan discusses the important topic of market-clearing wages. Why are wages not falling during the recession in order to establish equilibrium and full
In Significance and Basic Postulates of Economic Theory (1938) Terence W. Hutchison presents a logical-empiricist perspective on economic methodology and takes specific issue with Austrian