Tag Archives: School

Austrians Contra Smith

Posted on May 26, 2010 by Jonathan Finegold Catalán

Adam Smith is generally considered the father of political economy, and between Smith and the marginal revolution it is traditionally believed that there was a linear progression in the science of economics. Schumpeter’s History of Economic Analysis suggested otherwise, and since then there has been a wealth of revisionism looking to correct economists’ view on the Smithian movement. From an Austrian perspective, Smith did much to damage economic theory. Continue reading →

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Praxeology 101

Posted on May 7, 2010 by Jonathan Finegold Catalán

A brief overview of praxeology, from an upcoming paper. Continue reading →

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Spanish Economic History

Posted on January 25, 2010 by Jonathan Finegold Catalán

Recently purchased three books dealing with the economics of the Spanish Empire, in preparation for an article. Continue reading →

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The Adam Smith Myth

Posted on November 20, 2009 by Murray Rothbard

Murray N. Rothbard shatters the myth that Adam Smith was the founder of the modern science of economic thought. Instead, he shows how Smith heavily borrowed from past economists without citing them or giving them credit. Continue reading →

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Neither Keynes nor Friedman

Posted on October 21, 2009 by Jonathan Finegold Catalán

The Federal Reserve did try to bailout banks during the Great Depression, Hoover did outspend every prior president in an attempt to stimulate the economy and no recession is caused by a drop in aggregate demand. These are Keynesian myths. Continue reading →

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Krugman on Keynes, Government and Demand

Posted on September 16, 2009 by Jonathan Finegold Catalán

Krugman continues to show his ignorance on capital-based macroeconomics by erecting a straw man and therefore attempting to disqualify Say’s Law and the “Treasury View”. The only thing he is doing is make his own position more untenable. Continue reading →

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