Econlib Resources
Liberty Fund Resources
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FEATURED TOPIC
CharityRussell Roberts
Let me introduce you to an acquaintance of mine: Homo economicus, or economic man. He is an interesting character. Economic man (it is never economic woman) is a rational, self-interested fellow always looking out for himself. He does not give to charity. Why waste money on someone other than yourself? He never leaves a tip in a restaurant unless he expects to eat there again. He never votes because his single vote is almost certain to be worthless in determining the outcome of an election, even a close one. Give blood for a blood drive? Are you crazy?
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ALSO OF INTEREST
Property RightsArmen AlchianArmen AlchianBiographyJames J. BuchananBiographyHoover's Economic PoliciesSteven HorwitzHealth CareMichael A. MorriseyPolitical BehaviorRichard L. StroupFederal DebtRobert EisnerFEATURED BIOGRAPHY
Jacob Viner(1892-1970)
Economics historian Mark Blaug called Jacob Viner "the greatest historian of economic thought that ever lived." One of Viner's greatest accomplishments is his book Studies in the Theory of International Trade. This work is not just a history of the theory of international trade but also a guidebook that tells where the early economists who studied trade were wrong and where they were right. In it Viner decisively refuted fallacies of mercantilism. Viner also wrote a famous 145-page introduction to an edition of John Rae's Life of Adam Smith..
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The cuneiform inscription in the Liberty Fund logo is the earliest-known written appearance of the word "freedom" (amagi), or "liberty." It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.
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