Category Archives: Austrian Economics

A Dissertation Idea

Comments greatly appreciated!!!
This is only a starting point, and I may not be able to employ it for my actual dissertation, but it is the line of thinking which consumes all of my free thoughts.

This work provides an alternative narrative mode (the Virginia School of Political Economy rather than Marx) for the discussion of Theology [...]

Reconciling Economic Liberty and Biblical Freedom

I just got my new Spring 2009 issue of Faith and Economics, a journal from the Association of Christian Economists, of which I am a student member (which means I don’t really pay).
Kenneth G. Elzinga and Matthew R. Givens have a paper on Christianity and Hayek.
They define economic liberty (per Hayek, 1960)  as the “state [...]

Consumerism vs. Capitalism vs. “Capitalism”

In conversations about difficult topics it is important to share definitions.  Capitalism is a word of many meanings.
In this conversation I lay out a defense of what I consider pure Capitalism and how Christians ought to behave among themselves, and what positions they ought to advocate – if any – in public policy debates.  I [...]

Fighting Over Surpluses

Kids often fight over things which were gifts from their parents.
Suppose I slice a cake into several (unequal) pieces, and distribute them to my children.  Now, this is cake mind you, not bread, not water.  It is a pure bonus.  Dessert.  So I dole out the cake.  It is quite likely that an argument will [...]

Re: Gary North, Google-translator

I like Gary North.  His older stuff might be a bit too Theocratic, Rushdoony-style, though.  He writes regularly on Lew Rockwell’s site (LRC)
I don’t read much of anything else at LRC, but I do peek at North’s stuff there.  Here is the archive of his articles.
Unfortunately, much of what is written in Libertarian circles [...]

From Over At Common Root

Alexander and I have been talking.  So far we’ve agreed on the following:
1. We have agreed that purely voluntary governments may have a right to exist. But this really challenges our definition of government. If it is merely an association for collective action, yet remains voluntary, there is no reason to quibble. What introduces compromise [...]

How to Know What to Write

Some advice given to Peter Boettke by Mancur Olson
stop telling other economist what to do. Worry about the sins of omission by other economists, never about their sins of commission. Focus instead on the omissions and turn them into your sins of commission to see if they are sins or not.
Fill in the [...]

Are My Ideas Just Utopian Dreams?

Well, of course they are.  I don’t believe we will ever have a minarchist judicial-based government.  I don’t believe we will even end welfare.  I don’t think we will get rid of the Fed, and I hope we don’t build a 700 mile fence along the border with Mexico, but that’s not part of my [...]

Bettina Bien Greaves at UNC

Bettina Greaves was a senior staff member and resident scholar at FEE for more than four decades.  She has written or edited several books, among them the Free Market Reader, and Mises Made Easier.  She is an Austrian Economist in her own right.  I met her last fall at the Mises’ Institute’s Austrian Scholar’s Conference.  [...]