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Hayek, “Individualism and Economic Order”

“Perhaps the best illustration of the current misconceptions of the individualism of Adam Smith and his group is the common belief that they have invented the bogey of the “economic man” and that their conclusions are vitiated by their assumption of a strictly rational behavior or generally by a false rationalistic psychology. They were, of […]

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Hayek, “Individualism and Economic Order”

“Perhaps the best illustration of the current misconceptions of the individualism of Adam Smith and his group is the common belief that they have invented the bogey of the “economic man” and that their conclusions are vitiated by their assumption of a strictly rational behavior or generally by a false rationalistic psychology. They were, of […]

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The Best 99 Cents I’ve Spent Recently

The best 99 cents I’ve spent recently? iPhone Monopoly. It’s a great way to relax, the kids seem to like it, and it’s virtually identical to the original. It’s also a lot quicker than playing on the board because all the math is done automatically. If you want to spend a dollar learning some economics, […]

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