This essay contends that Kirzner’s efforts to be categorical and to avoid looseness are unsuccessful and argue that looseness inheres in the economic discussion of the most important things, and associate that viewpoint with Adam Smith.
This article argues that if we embrace a view of religion as a collection of theories about the world (e.g., about alertness and entrepreneurship) and a set of values about how we ought to approach our activities (e.g., value freedom), there are potentially positive aspects of thinking about Austrian economics as a religion.
Jack Goldstone, Robert Bates, David Epstein, Michael Lustik, Monty Marshall, Jay Ulfelder, Mark Woodward |
Jan 01, 2010
Examining onsets of political instability in countries worldwide from 1955 to 2003, we develop a model that distinguishes countries that experienced instability from those that remained stable with a two-year lead time and over 80% accuracy. Intriguingly, the model uses few variables and a simple specification. The model is accurate in forecasting the onsets of both violent civil wars and nonviolent democratic reversals, suggesting common factors in both types of change.
One of the President’s major regulatory oversight offices is the Office of Information and Regulatory Affairs. Agencies can take a “cooperate with OIRA” approach or an “avoid OIRA” approach when they pursue new regulatory initiatives. Understanding agency avoidance tactics is an important step in deciding whether and how to shift agency incentives away from avoidance and toward cooperation.
This program will: provide an introduction to net neutrality and briefly explain the history of the debate, lay out the arguments for and against net neutrality, and discuss mechanisms to ensure the Internet remains a vibrantly free conduit and tool for ideas, innovation and economic growth.