Category Archives: Myths

The Myth of “Economic Efficiency”

May 2, 2009 – 5:33 am

Many (Neoclassical) economists view the economy as an engine that, when finely tuned and with a proper driver in control, can achieve what they term allocative and productive efficiency. Rothbard, prescient as always, discusses efficiency in an excellent article, “The Myth of Efficiency.” It is one of those articles every economist should read. And [...]

By austro-libertarian | Also posted in Murray Rothbard | Comments (0)

New Entrepreneurship Reports and Data

January 20, 2009 – 11:26 pm

The “Global Entrepreneurship Monitor 2008 Global Report“ and the “2008 World Bank Group Entrepreneurship Survey” have just been released, accompanied by downloadable data sets (at least the World Bank research). I haven’t read through these yet but playing around with this graphic is very cool. It reminds me of this TEDtalk presentation by Hans Rosling, also [...]

By austro-libertarian | Also posted in Data and Statistics, Innovation and entrepreneurship | Tagged , , , , | Comments (0)

On Myths

January 9, 2009 – 4:43 am

I absolutely enjoy anything that points out commonly held ideas and exposing them as false, i.e., destroying myths. Murray Rothbard was great at this. If you look through his articles, you’ll see how many had “myth” in the title. Here’s a quick (but only partial) list:
Myths of the Cold War
The Myth of Efficiency
Myth and Truth [...]

By austro-libertarian | Also posted in General | Tagged , | Comments (2)
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