Celebrating humanity's flourishing through the spread of capitalism and the rule of law
23 May 2026 Leave a comment
in applied price theory, Armen Alchian, entrepreneurship, history of economic thought, industrial organisation, survivor principle, theory of the firm
One of the most persistent criticisms of law & economics is that it rests on unrealistic assumptions. Economic models often assume firms maximize profits, investors respond rationally to incentives, and market participants systematically adjust their behavior in predictable ways. Critics frequently point to these assumptions as evidence that economic analysis is detached from reality. Real…
‘Uncertainty, Evolution, and Economic Theory,’ by Armen Alchian
31 Jan 2025 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, Austrian economics, comparative institutional analysis, economics of information, economics of regulation, entrepreneurship, experimental economics, history of economic thought, law and economics, politics - New Zealand, property rights Tags: competition law
Targeting big existing businesses may be tempting to politicians, but ensuring market openness will do more good Eric Crampton writes – It’s fair to say that economists like competition. It’s also fair to say that when politicians start talking about competition, economists ought to get a little bit nervous.
When politicians campaign on competition, be very worried
28 Mar 2022 Leave a comment
in Armen Alchian, economic history, macroeconomics, Milton Friedman, monetarism, monetary economics
04 Feb 2022 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, economics of regulation, F.A. Hayek, history of economic thought, industrial organisation, law and economics, Ronald Coase, theory of the firm Tags: competition law
13 Jan 2022 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economics of information, history of economic thought, theory of the firm
06 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, economics of information, economics of regulation, Gary Becker, George Stigler, industrial organisation, law and economics, Ronald Coase, Sam Peltzman, survivor principle
18 Sep 2021 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, discrimination, economic history, economics of education, Gary Becker, gender, human capital, industrial organisation, labour economics, labour supply, law and economics, property rights, Public Choice, survivor principle, theory of the firm Tags: racial discrimination, sex discrimination
09 Jun 2021 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of information, entrepreneurship, financial economics, history of economic thought, industrial organisation, managerial economics, market efficiency, organisational economics, privatisation, property rights, Public Choice, public economics, rentseeking, Ronald Coase, survivor principle, theory of the firm, transport economics, urban economics
06 Jun 2021 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economics of information, financial economics, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, managerial economics, market efficiency, organisational economics, personnel economics, property rights, Ronald Coase, survivor principle, theory of the firm Tags: adverse selection, asymmetric information, incentive compatibility, moral hazard
25 Jun 2020 Leave a comment
in Adam Smith, Alfred Marshall, applied price theory, applied welfare economics, Armen Alchian, Austrian economics, comparative institutional analysis, constitutional political economy, economic history, economics of crime, economics of regulation, history of economic thought, industrial organisation, James Buchanan, James Buchanan, labour economics, law and economics, Marxist economics, Milton Friedman, property rights, Public Choice, Rawls and Nozick, Robert E. Lucas, Ronald Coase, Ronald Coase, theory of the firm
22 Apr 2020 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economic history, economics of bureaucracy, economics of information, economics of regulation, entrepreneurship, environmental economics, financial economics, George Stigler, health economics, history of economic thought, industrial organisation, law and economics, property rights, Public Choice, resource economics, Richard Posner, Ronald Coase, Ronald Coase, Ronald Coase, survivor principle, theory of the firm, transport economics, urban economics
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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