Top News

ABSTRACT:  The “new development economics” (also called behavioral development economics) consists of microeconomic experimentation based on behavioral economics and randomized controlled trials. This approach would illuminate the close relationships between preferences, culture, and institutions and point to new political opportunities.

ABSTRACT:  The “new development economics” (also called behavioral development economics) consists of microeconomic experimentation based on behavioral economics and randomized controlled trials. This approach would illuminate the close relationships between preferences, culture, and institutions and point to new political opportunities.

On August 15, 1971, the last remains of what had been a magnificent monetary system died a terrible death, and the American academic, political, business, and media elites led the cheers. The Dow Jones Average jumped by more than 32

  Classical Economic Theory and the Modern Economyby Steven KatesEdward Elgar, 2020, 264 pp. Per Bylund (per.bylund@okstate.edu) is Associate Professor of Entrepreneurship and Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship in the Spears School of Business at Oklahoma State

Entrepreneurship is the great force for social good — in fact, the greatest force for good in the history of civilization. It’s the system of continuously improving the lives of others so we can improve our own lives. Through entrepreneurship,

  Media Wars: The Battle to Shape Our MindsWalter Donway and Vinay KolhatkarIndependently Published, 2020, 330 pp. William L. Anderson (banderson@frostburg.edu) is professor of economics at Frostburg State University. Even the sunniest optimist would admit that the year 2020 was extremely challenging with

President Biden’s ridiculously high spending proposals require equally ridiculous tax proposals. Among the craziest proposals is a massive increase in the capital gains tax rate. According to the Tax Foundation, Biden’s proposal would raise the top federal rate on capital

As the force of the New Deal reached its heights, both foreign and domestic, during World War II, a beleaguered and tiny libertarian opposition began to emerge and to formulate its total critique of prevailing trends in America. Unfortunately, the

While the US has its problems, future global Chinese supremacy won’t be one. Far from being in a position of overwhelming strength, China and its Communist leadership face imminent multifront domestic crises that will threaten the existence not only of the Chinese

GPS. The internet. Airbags. These wonders of modernity have something in common. Without government, many commentators hold, they wouldn’t exist. And perhaps these voices are right. Take GPS, developed by the Department of Defense to enhance coordination among military units. At first the sole