The Homo Economicus Myth By Ryan McMaken It was a fundamental mistake ... to interpret economics as the characterization of the behavior of an ideal type, the homo oeconomicus. According to this doctrine economics does not deal with the behavior of man as he really is.… Undisciplined May 4, 2024, 2:32 PM
The TikTok Ban Is the Next Patriot Act By Aaron Sobczak Congress seems poised to go after TikTok because China’s government allegedly uses it to spy on Americans. Besides dealing with a nonexistent threat, the bill gives the federal government vast new powers to misuse.… Undisciplined May 3, 2024, 7:49 PM
Want More Government Revenue? Just Write More Traffic Tickets. By Ryan Wardle Many police traffic stops are not about safety or protecting the public. They are about siphoning cash from motorists to state and local governments. A rule of writing is that when the title is a question the answer… Undisciplined May 3, 2024, 6:55 PM
What Can Carl Menger Teach Us about Falafel Sandwiches? By Adnan Al-Abbar What better way to explain the relationship between higher-order and lower-order goods than with food? Here, we look at the falafel sandwich.… Undisciplined May 3, 2024, 6:39 PM
Creating Wealth: The Cantillon or the Smith Way By Phil Duffy Although mainstream economists hold that Adam Smith is the father of modern economics, it was Richard Cantillon that recognized the centrality of entrepreneurship in economic development.… Undisciplined May 3, 2024, 6:14 PM
Is America Headed for Stagflation? Video Description On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Peter St. Onge, a visiting fellow of the Heritage Foundation. As inflation remains high, even Washington's preferred jobs and economic growth measures are beginning to weaken, fueling Undisciplined May 3, 2024, 2:45 PM
