April 23, 2017

Milton Friedman said once that good theories are those that provide correct and useful predictions. And he certainly went beyond of duty to make sure his predictions would become reality.

March 19, 2017

Abstract, deductive, reductionist, based on erroneous assumptions, and dangerously dependent on methodological individualism, the lie of economics as a science is perhaps the greatest disservi...

June 4, 2016

Jeremy Bentham was either on drugs or an all around mean dude. Seriously. Reducing the human condition to a Pavlovian state, one based on merely seeking pleasure and avoiding pain, may sound s...

August 12, 2015

Nowadays, it is a golden nugget in the internet vault of pop culture, widely cited by bloggers, trolls, and greedy types —you know, venture capitalists, Silicon Valley bros, and such ilk. Back...

Please reload