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Nov 30, 2024 | 
econlib.org | David Henderson |Armen A. Alchian |Harold Demsetz |Pierre Lemieux
For me, it was a great idea. Your mileage may vary. On his Substack yesterday, Arnold Kling posted yesterday about the pitfalls of going to graduate school in economics. It’s titled, appropriately, given the content, “Beware of Econ Grad School.”Arnold lists 3 possible motives for getting a Ph.D. in economics. Intellectual Curiosity. You like to explore ideas, you want to better understand how the economy works, and you want to come up with answers to puzzles and problems in the field of economics.
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Jun 12, 2024 | 
econlib.org | David Henderson |Harold Demsetz |Kevin Corcoran |Scott Sumner
Later this month is the 50th anniversary of the South Royalton, Vermont conference on Austrian economics. Liberty Fund asked Richard Ebeling, one of the attendees to write the long essay, and then two people who attended (Mario Rizzo and I) and one person who didn’t (Geoffrey Lea) wrote responses. Here’s an excerpt from my response:Like Richard Ebeling, I was excited to attend the first Austrian Economics conference in South Royalton, Vermont. My motivation was different from Richard’s.
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Jun 4, 2024 | 
dialnet.unirioja.es | Harold Demsetz
IdiomacatalàDeutschEnglishespañoleuskarafrançaisgalegoitalianoportuguêsromână
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Jun 4, 2024 | 
oll.libertyfund.org | Richard Ebeling |Harold Demsetz |Mario J. Rizzo |David Henderson
The first Austrian Economics conference was held fifty years ago in 1974 in South Royalton, Vermont. In this Liberty Matters online discussion the authors share their recollections, thoughts on the fifty years since, and their hopes for the future of Austrian economics. Richard Ebeling leads the discussion and is joined by Mario Rizzo, David Henderson, and Geoffrey Lea.
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Apr 9, 2024 | 
dialnet.unirioja.es | Harold Demsetz |Kenneth Lehn
IdiomacatalàDeutschEnglishespañoleuskarafrançaisgalegoitalianoportuguêsromână
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Mar 15, 2024 | 
adamsmithworks.org | Robert M. Solow |Harold Demsetz |Paul Samuelson |Milton Friedman
David Henderson is a research fellow at Stanford University’s Hoover Institution and the editor of the Concise Encyclopedia of Economics. He is also an emeritus professor of economics with the Naval Postgraduate School. Today, we talk about another famous economist who has recently passed, Robert Solow. Henderson tells us about the Solow model, a still relevant model used in macroeconomics relating to economic growth, and we discuss its origin and its flaws.
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Jul 13, 2023 | 
hoover.org | David Henderson |Ronald Coase |Harold Demsetz |Kenneth J. Arrow
A topic that gets a lot of play in most undergraduate microeconomics courses is the issue of market failure. Unfortunately, while the concept is sound, many people and even many economists err in one of three ways. First, they often attribute problems to market failure that are actually the result of government intervention.
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Jul 13, 2023 | 
econlib.org | David Henderson |Scott Sumner |Harold Demsetz
This is the opening paragraph of David R. Henderson, “A Skeptical Look at Market Failure,” Defining Ideas, July 14, 2023. Under the second item, I discuss lighthouses and contracts between bee owners and orchard owners. I also quote one of my favorite lines from Ronald Coase, which, it turns out, was not original with Coase. Under the third item, I discuss Demsetz’s distinction between the “Nirvana approach” and his preferred “comparative institutions approach.”Read the whole thing.
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Feb 10, 2023 | 
freedombunker.com | Harold Demsetz
Concentrate Where The Murders Are ConcentratedFebruary 10, 2023 | Tags: ZEROHEDGE Concentrate Where The Murders Are ConcentratedAuthored by Gary Galles via The Mises Institute,One of the principles of good public policy is to focus efforts on understanding social problems and searching for effective responses where those problems are serious, not where they are minor or missing.
