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Communism has been responsible for the deaths of perhaps 100 million or more people, not to mention the countless survivors whose lives have been made miserable because of it. Karl Marx was one of the principal architects of what we now call communism. What would the world be like today if Marx...
Persistent link: https://www.econbiz.de/10014357601
Frederic Bastiat (1801-1850) was an economist and journalist. A member of the French Liberal School, he is best known for his free trade ideas and his philosophy of law. Mark Blaug ranks him as one of the 100 greatest economists before Keynes. Schumpeter called him a brilliant economic...
Persistent link: https://www.econbiz.de/10013054134
This article addresses the question of whether sanctions constitute violence in the broad sense of that term, and whether, and under what conditions, sanctions can be justified. The sanctions imposed against Iraq and Cuba are discussed as case studies and several ethical theories are applied to...
Persistent link: https://www.econbiz.de/10013054135
Frederic Bastiat (1801-1850) was an economist and journalist. A member of the French Liberal School, he is best known for his free trade ideas and his philosophy of law. Mark Blaug ranks him as one of the 100 greatest economists before Keynes. Schumpeter called him a brilliant economic...
Persistent link: https://www.econbiz.de/10013054141
Frederic Bastiat (1801-1850) was a French economist and journalist. One of his classic works is The Candlemakers' Petition, which uses the reductio ad absurdum philosophical technique to dismantle the arguments the French protectionists put forth to protect French industry in the mid-nineteenth...
Persistent link: https://www.econbiz.de/10013054144
This paper provides an overview and discussion of the legal and economic philosophy of Frederic Bastiat (1801-1850), a French political economist. A bibliography with links to other Bastiat studies is also included
Persistent link: https://www.econbiz.de/10013054147
Frédéric Bastiat (1801-1850) was an economist and journalist. A member of the French Liberal School, he is best known for his free trade ideas and his philosophy of law. Mark Blaug ranks him as one of the 100 greatest economists before Keynes. Schumpeter called him a brilliant economic...
Persistent link: https://www.econbiz.de/10013054150
Keynes is back. President Obama's economic stimulus package is based on the premise that we can spend our way out of recession. It is an application of the Keynesian multiplier theory, which was expounded in Keynes' 1936 economic treatise, The General Theory of Employment, Interest and Money....
Persistent link: https://www.econbiz.de/10013054153
The Obama stimulus package has been less than a total success if one is to compare what was predicted to what has been delivered to date. The crux of the problem is that the economic planners have ignored or failed to take into account the secondary effects that increased government spending has...
Persistent link: https://www.econbiz.de/10013054157
Frédéric Bastiat (1801-1850) was a French thinker who did most of his writing in the last six years of his life. One of his major contributions to economic thought was his application of opportunity cost to a wide range of economic policies. The present paper uses the Bastiat approach to...
Persistent link: https://www.econbiz.de/10013054176