…a fundamental theory in and of itself, it is the conclusion of many different lines of evidence and basic physics. There aren’t going to be any major revisions of HITRAN…

…economically ignorant … Liberals don’t understand economics, but that doesn’t stop them from following a “liberal economic theory.” This theory is fallacious in its assumptions that the “rich” (who, according…

…isn’t Chinese monetary growth and inflation leading to a self-correction as Tamny suggest should happen in theory? Some of Tamny’s NRO colleagues seem to be under the illusion that Chinese…

…to be a problem. Economic theory suggests that a “destination VAT” – that is, a VAT imposed on all goods, but only those goods, consumed in the country – should…

Kash noted the endorsement of the Division of Dynamic Analysis from Bruce Bartlett which had me dusting off my copy of the General Theory as I read this from Bruce:…

…And it’s growing, not shrinking. What Explains the Excessive Expenses? Economic theory provides several fairly clear and convincing explanations for why private health insurance plans spend so much money on…

…have developed one of their own – a political one: Blame the Administration. Their neo-Wilsonian theory is correct, they insist, but the execution was botched by a Bush team that…

…[is] the ultimate source of recession.” If we are thinking that this sounds a lot like the Austrian theory, you’d be correct: His theory claimed that credit creation by monetary…

…Mr. Wanniski wrote this piece a little more sensibly, I might argue that it was a nice discussion of real business cycle theory. But he is too eager to declare…

The General Theory of Employment, Interest and Money by John Maynard Keynes was labeled one of the ten most harmful books over the past two centuries by this group of…