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Civil Rights Act of 1964

by Marcus Witcher on Feb 11, 2020

The Civil Rights Act of 1964 addressed injustices that African Americans had long endured, but it did not fully erase the legacy of slavery and Jim Crow.

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Smart Contracts

by Kate Sills on Dec 16, 2019

Smart contracts are a digital innovation that could fuel transactions without the need for State enforcement mechanisms.

 
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Antitrust

by Donald J. Boudreaux on Aug 15, 2008

Antitrust legislation seeks to break up big companies and industry monopolies in order to keep markets competitive, but sometimes favors narrow interest groups.

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Coke, Edward (1552-1634)

by Stephen M. Sheppard on Aug 15, 2008

Edward Coke was a prominent lawyer and author who promoted constitutionalism and rights-based justification of law and the powers of government.

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Economics, Austrian School of

by Peter J. Boettke on Aug 15, 2008

Economists in the Austrian School approach their analysis by looking at human behavior, and how human action by itself creates and regulates markets.

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Economics, Chicago School of

by Ronald Hamowy on Aug 15, 2008

Economists in the Chicago School use highly empirical arguments to reach their conclusions and advocate for deregulated markets.

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Economics, Experimental

by Vernon L. Smith and Bart Wilson on Aug 15, 2008

Experimental economists study human incentive structures and behaviors as ways to explain the institutions and rules of economic activity.

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Economics, Keynesian

by Daniel B. Klein on Aug 15, 2008

Keynesian economists theorize that government spending can be used to manage the economy. It has been a widely accepted stance since the 1930s.

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Physiocracy

by George H. Smith on Aug 15, 2008

The physiocrats were French laissez-faire economists in the late 18th century who based their policies and writings on natural reason and science.

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Becker, Gary S. (1930-2014)

by Aaron Steelman on Aug 15, 2008

Gary S. Becker was awarded the Nobel Prize in Economics in 1992. His work has been influential in the modern sciences of sociology and economics.

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Böhm-Bawerk, Eugen von (1851-1914)

by Lawrence H. White on Aug 15, 2008

Böhm-Bawerk and his signature work, Capital and Interest, contributed majorly to the Austrian School of economics and the concept of interest.

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Buchanan, James M. (1919-2013)

by Peter T. Leeson on Aug 15, 2008

One of the leading economists of the last century, James M. Buchanan was one of the founders of the public choice theory of economics.

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Coase, Ronald H. (1910-2013)

by Douglas MacKenzie on Aug 15, 2008

The work of Ronald H. Coase, most famously the concept known as Coase’s theorem, has provided insight to law, economics, and how they intersect.

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Dunoyer, Charles (1786-1862)

by David Hart on Aug 15, 2008

Dunoyer played a major role in the French classical liberal movement. He wrote on law, society, and the benefits of free markets and limited government.

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Menger, Carl (1840-1921)

by Lawrence H. White on Aug 15, 2008

A founding influence of the Austrian School of economics, Carl Menger predominantly wrote on the subjects of prices, marginal utility, and money. 

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Mises, Ludwig von (1881-1972)

by Leland Yeager on Aug 15, 2008

Ludwig von Mises was one of the most influential economists of the Austrian School, focusing among other issues the failures of central planning.

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Ostrom, Vincent (1919-2012) and Elinor (1933-2012)

by Paul Dragos Aligica on Aug 15, 2008

The Ostroms founded the Bloomington School of Institutional Analysis at the University of Indiana, dedicated to self-governance and evaluating state institutions.

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Ricardo, David (1772-1823)

by Mark Skousen on Aug 15, 2008

David Ricardo was an influential economist whose contributed both important free-market theories and dismal predictions about the value of labor.