Looking to learn more about Austrian economics, libertarianism, or classical liberal thought? The Mises Institute (named for famed Austrian economist Ludwig von Mises, author of Human Action) offers a huge online library of books, journal articles, and other writings on a range of topics related to Austrian economics and classical liberalism. Here are just a […]
Richard A. Epstein is the inaugural Laurence A. Tisch Professor of Law and Director of the Classical Liberal Institute at the New York University School of Law. He is also the James Parker Hall Distinguished Service Professor of Law Emeritus and senior lecturer at the University of Chicago. He served as editor of the Journal […]
The economic and financial turmoil in Greece has been in and out of headlines frequently over the last few months. The Greeks claim austerity measures have only made things worse, while the EU claims Greece continues to fail the austerity measure put in place to receive future bailouts. In this video, we explain what has […]
I got a powerful reminder a few months ago of a lesson I learned in grad school: numbers don’t speak for themselves. We must interpret them alertly if we are to learn from them.The numbers I came across are these: [Medicare] spends roughly $3 on administration for each $100 of medical services it buys for […]