"With the market so much more in control of the global economy now than fifty years ago, then if economists are right,…"

"Though mainstream economics began by assuming that his hedonistic, individualistic approach to analysing consumer dem…"

"Thus while diminishing returns do exist when industries are broadly defined, no industry can be considered in isolati…"

"Economics is not the Emperor of the social sciences, but the Humpty Dumpty."

"Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal c…"

"Even economists can't escape the fact that, as commodities go, labour is something out of the ordinary."

"The term 'capital' has two quite different meanings in economics: a sum of money, and a collection of machinery."

"The position I favor is that economics is a science, but a rather pathological one."

"In general then, and contrary to Friedman, abandoning a factually false heuristic asumption will normally lead to a b…"

"This ascendancy of economic theory has not made the world a better place. Instead, it has made an already troubled so…"