Economics Will Not Be Mocked

by Mario Rizzo A few years ago I read and studied in great detail Pope Benedict XVI’s encyclical on globalization “Caritas in Veritate” or “Charity in Truth.” I posted a three-part analysis on the doubtful economics contained therein at ThinkMarkets. The first part is about the destructive influence of the encyclical. The second part is … Continue reading Economics Will Not Be Mocked

F.A. Hayek: His 114th Birthday

by Mario Rizzo Today is Hayek’s birthday. Much has been and will continue to written about him. When I look around at much of what passes for economics today, especially in the prestige circles, I cringe.  But reading his work always comforts me that something better is possible. And, in fact, there are many economists … Continue reading F.A. Hayek: His 114th Birthday