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The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The
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Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University o
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Every price is set by someone; this is where economics begins. Building on that fundamental idea and on Ayn Rand’s philosophy of Objectivism, Objective Econom
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This book champions the view that economics is a social science, and that, moreover, it may serve as a new paradigm for the social sciences. Economics is taken
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A classic in its field, this pathbreaking book humanized the scientific rhetoric of economics to reveal its literary soul. Economics needs to admit that it, lik