Saturday, 16 November 2019
Cato daily podcast on hate speech
From the Cato Daily Podcast comes this audio discussing the question, Is a ban on hate speech a solution to any actual problem?
Thursday, 7 November 2019
Latest Blogwatch column
My Blogwatch column from the latest issue (Issue 65, August 2019) of the NZAE magazine Asymmetric Information
Wednesday, 6 November 2019
Latest Blogwatch column
My Blogwatch column from the latest issue (Issue 64, April 2019) of the NZAE magazine Asymmetric Information
Thursday, 31 October 2019
101 great liberal thinkers
From IEA Conversations comes this audio in which Eamonn Butler talks about his new book School of Thought: 101 Great Liberal Thinkers
Friday, 18 October 2019
Economic calculation under socialism
From AIERvideo comes this video on economic calculation under socialism.
Let's assume socialist central planners have the best intentions. How will they decide what to produce, where to produce it, how to produce it, and for whom? These questions by Mises kicked off the "Socialist Calculation Debate".
Thursday, 17 October 2019
Tuesday, 8 October 2019
The representative firm
Marshall's idea of 'representative firm' was created to reconcile his dynamic view of individual firms with the static view of industries. But this idea was somewhat nebulous and did not last very long in the economics literature. Marshall first wrote about the representative firm in his Principles of Economics published in 1890 but the idea was driven out of the literature by 1928, when it was replaced by A. C. Pigou's idea of the `equilibrium firm'.
Representative Firm by Paul Walker on Scribd
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