Production Theory

Displaying 41 - 50 of 620

Thomas Friedman on Addicted to Oil

The EnvironmentCalculation and KnowledgeProduction Theory

Blog08/21/2007

I recently saw Thomas Friedman's "Addicted to Oil" documentary on YouTube. A few nits to pick. First, of course, he unquestioningly buys into the global warming hype as one of the reasons we need to "do something." Second, he uncritically...

Read More

Production Theory Quote of the Day

Production Theory

Blog08/15/2007
Production functions aren't given. They have to be discovered. This is what entrepreneurship is about; the superiority of Austrian over neoclassical economics lies in seeing this fact.

That's Chris Dillow,...

Read More

The Can't-Do Government

Big GovernmentProduction Theory

Blog08/05/2007

On The Washington Post, John McQuaid has determined that the United States is now the can't-do nation. He starts by mentioning the recent bridge collapse in Minneapolis and...

Read More

Nationalizing the Wine Industry

InterventionismProduction Theory

Blog07/17/2007

Since we know the monstrosities associated with government buildings, monuments, and state-built cars, surely then, we can imagine a Europe with a nationalized wine industry. Don't laugh; the European Union's top agricultural official...

Read More

Economist Humor: Leisure vs. Work

Production Theory

Blog07/17/2007

"180 Trillion Leisure Hours Lost To Work Last Year," says The Onion. The article actually presents some fundamental problems of scarcity in rather interesting ways. Why do we only think in terms of work-hours...

Read More

Ethanol and food costs

Production Theory

Blog07/12/2007

http://www.denverpost.com/business/ci_6336532

Read More

Just Print the Necessary Funds

Media and CultureTaxes and SpendingProduction Theory

Blog06/18/2007

Over the weekend I watched "Flags of our Fathers" and one quote stuck out (among others). It comes from a Treasury Department official (Bud Gerber) who is trying to convince the flag raisers of Iwo Jima to use their celebrity...

Read More

Paid statutory holiday

Global EconomyProduction Theory

Blog06/06/2007

You know, socialist governments are just so sweet. They pay people to take vacations, and surely no one can complain about that! And just look at the US in this chart: not a single paid vacation day is...

Read More

Technology plus economics plus marketing = business success

EntrepreneurshipProduction Theory

Blog06/01/2007

I've been completely captivated by this series of interviews in which Steve Jobs and Bill Gates are brought on a set together to talk about the history of our times as it concerns technology, and their...

Read More
Shield icon library