Author: Stefan Boyadzhiev “Variety is life, uniformity is death.” Benjamin Constant is one of the most notable and colorful representatives of the generation of classical liberals between Montesquieu and Tocqueville. Unfortunately, to a large extent, he shares the fate of another great French thinker, Frederic Bastiat, and remains poorly recognized by future generations, which …
More »Is Malthus returning?
Thomas Robert Malthus (1766-1834) was an English economist whose name is associated with an influential theory. He argued that if there are no limitations on resources, population increases in geometric progression. The doubling period is 25 years. Over the same period, food supplies increase in arithmetic progression. This results in a severe …
More »John Maynard Keynes and Say's Law
Ludwig von Mises, original title in English: "Lord Keynes and Say's law" I Lord Keynes's main contribution to economic thought lies not in the development of new ideas, but in the "escape from the old", as he declares at the end of the preface to his "General Theory". Keynesians tell us that his famous ...
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EKIP– Expert Club for Economics and Politics A Different Opinion