“Joseph Stiglitz’s Market-Failure Myth” by Christopher Westley
Joseph Stiglitz asks, What turned an otherwise normal market correction into a long, grueling depression? And he answers: it was technological improvements in agriculture! So goes mainstream neoclassical research, where truth is only what can be measured and then fit into mathematical models.
“The Justice of Economic Efficiency” by Hans-Hermann Hoppe
In the following I present an a priori justification for the thesis that those means recommended by political economy are indeed efficient means for just ends.
Source link: http://archive.mises.org/20267/mises-daily-thursday-january-05-2012/
Mises Daily: Thursday, January 05, 2012
Previous post: Austrian Student Scholars Conference