Browse by:

Foundations of Austrian Economics

H/T to Steve Horwitz who has provided the introduction to FEE’s newly released ebook of Kirzner lectures/essays from various FEE events and publications. For Kirzner and the Austrians, however, the assumption of perfect knowledge heads economists off on a trail that is an intellectual dead-end. The real world of the market is one in which knowledge…

The Complete Prose of T. S. Eliot: The Critical Edition

The very excellent Ronald Schuchard discusses the genesis of this important and large project. Of course Valerie Eliot was vital to the realization of this task as he explains in the video. Some months ago I posted this amusing squib from VE and was reminded of one of my favorite Eliot quotes: All our knowledge brings us nearer to our…

The Case for Teaching Ignorance

This in the NYT — H/T to Troy Camplin In a paper from a few years ago I had a section in a chapter in Hayek and Behavioral Economics that deals with this notion, a curtain-raiser to a more detailed examination. Taking Ignorance Seriously As already indicated the other component to thinking about complexity resides…