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My son once asked me, "Who is the best person you know?"
Without even hesitating, I answered, "Israel Kirzner." I don't think any amount of subsequent reflection would change my answer.
Happy Birthday Professor Israel M. Kirzner
|Peter Boettke| Israel M. Kirzner was born on February 13, 1930 in London. He is, in my opinion, the greatest scholar of the Austrian School of Economics. As evidence I would point to his The Economic Point of View, and his introductions to the collection, Classics in Austrian Economics. See ...
As Eric Voegelin noted, the more a people throw themselves into world immanent "progress," the more they lose touch with the basis of human spiritual well being.
So, yes, it is quite possible that in 100 years we will have a nation of spiritual zombies living to 180 watching 200 inch plasma screen TVs with full smellovision and brain implants to allow kinetic transmissions. And if that is "getting better," then "things" indeed might keep going that way.
It's Getting Better All The Time
|Peter Boettke| And not because 'things couldn't get much worse', but because "we ain’t seen nothin’ yet, the best is still to come" so says Joel Mokyr. Where do you come down in this debate? P.S.: My earlier assessment of Cowen's The Great Stagnation can be found here. I am very intereste...
"The invisible hand proposition is of course the bold analytical claim of mainline economics from Adam Smith onward..."
How many times does Gavin Kennedy have to show that Smith had no "invisible hand mechanism" before people stop claiming he had one?
Additional Proof that Public Choice Thinking is Hard
|Peter Boettke| One of the things that has frustrated me throughout my career as a political economist is the inability of people to incorporate into their thinking with respect to public policy some elementary principles of public choice. We are so conditioned in the modern era to think in ter...
I'm very sympathetic with the approach they are taking, but their English is brutal! They have to get someone to edit this for them.
Implications of Machlup's Interpretation of Mises's Epistemology
We argue that Machlup's (1955) interpretation of Mises’s epistemology is at least, if not more, plausible than Rothbard's (1957). The implications of Machlup’s interpretation of Mises and Austrian epistemology affect Austrians, non-Austrians and how they relate to each other. Machlup’s interpret...
Nice analysis of when democracy works!
Efficient Institutions are Context Dependent
Peter T. Leeson I’m grateful to Daron Acemoglu and James Robinson for their most recent post in our exchange. In it they pose several important questions, two of which in particular go to the heart of our disagreement about the reason for pirate democracy and the efficiency of institutions more ...
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Apr 28, 2013
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