Freeman

October 2006

Volume 56, 2006

FEATURES

The Anatomy of Economic Advice, Part III

OCTOBER 01, 2006 by ISRAEL M. KIRZNER

In the first article of this trilogy we explored some of the ambiguities and difficulties that surround the very idea of "economic advice" based on economic science. In the second article we set forth some of the basic foundations of economic science (with special reference to what the science can teach us about what we called the "benign" character of the spontaneous market process).

Why Cut Taxes?

OCTOBER 01, 2006 by SHELDON RICHMAN

Book Reviews - October 2006

OCTOBER 01, 2006

  • Reviving the Invisible Hand: The Case for Classical Liberalism in the Twenty-First Century
    by Deepak Lal Reviewed by Richard M. Ebeling
  • Laws of Fear
    by Cass Sunstein Reviewed by Donald J. Boudreaux
  • Bury the Chains: Prophets and Rebels in the Fight to Free an Empire's Slaves
    by Adam Hochschild Reviewed by Becky Akers
  • Why Men Earn More
    by Warren Farrell Reviewed by George C. Leef

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It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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