Category Archives: George Mason School

Man’s imperfection and government

There is current in modern political science that sees the concept of perfection as central to social structures. The idea is that man is imperfect and is incapable of perfecting his nature. As such, any attempt at perfection is necessarily … Continue reading

Austrian School, Autarchy, Bureaucracy, Closed System, Competition, Complexity, Culture Divide, Free Market, George Mason School, Interdependency, Keynesianism, Legal Theory, Perpetuity, Political Theory, Polycentrism, Public Choice Theory, Self-Government, Self-Rule, Systems Theory, Welfare Statism | Leave a comment

The parasite economy

From a recent Heritage release: This annual study by The Heritage Foundation analyzes federal assistance programs for everything from housing, health care, and food stamps to college tuition and retirement assistance. And there are some alarming numbers indeed. An estimated … Continue reading

Austrian School, Behavioral Economics, Bureaucracy, Closed System, Division of Labor, Economic Policy, Economic Theory, George Mason School, Interdependency, Keynesianism, Marxism, Motivation, Perpetuity, Political Theory, Poverty, Public Choice Theory, Welfare Statism, Zero-sum | Leave a comment

The end of the euro?–Tyler Cowen on the European crisis

(EconTalk) Tyler Cowen of George Mason University talks with EconTalk host Russ Roberts about the European crisis. Cowen argues that Greece is likely to default either in fact or in spirit but that the key question is which nations might … Continue reading

2007-08 Crisis, Austrian School, Closed System, Competition, Complexity, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Foreign Aid, George Mason School, Inflation, Interdependency, Keynesianism, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Systems Theory, Wealth, Welfare Statism, Zero-sum | Leave a comment

Does forgiving debt reduce economic stress?

(Christian Science Monitor) President Obama on Wednesday is launching a new plan to lower the cost of paying back student loans for millions of borrowers – the latest installment in his bid to move a jobs agenda that bypasses a … Continue reading

Budget Deficit, Complexity, Current Events, Debt Ceiling, Economic Policy, Federal Budget, George Mason School, Interdependency, Keynesianism, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Systems Theory, Welfare Statism, Zero-sum | Leave a comment

The Juggernaut in a nutshell

Before talking about economics, I want to say something about democracy. In July, I was in Spain, talking to the “indignados” there, the protesters. There, I could use a bullhorn. I didn’t have to go through this echo chamber. I … Continue reading

2007-08 Crisis, Closed System, Competition, Complexity, Culture Divide, Current Events, Economic Policy, George Mason School, Interdependency, Keynesianism, Motivation, Notable Quotables, Perpetuity, Political Theory, Poverty, Public Choice Theory, Systems Theory, Welfare Statism, Zero-sum | Leave a comment

The debt ceiling as a perpetual soufflé

As Veronique de Rugy explains, the debt ceiling was initiated in the U.S. in 1917 as a way to ensure responsibility in congress. Since then, government has raised it nearly 100 times. In the last ten years, they have raised … Continue reading

Budget Deficit, Closed System, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, George Mason School, Inflation, Interdependency, National Debt, Perpetuity, Public Choice Theory | Leave a comment

Summer reading list (for the economically and politically inclined)

Other than Juggernaut, there are plenty of good, substantive books out there for the economically and politically minded to delve into this summer–on the plane, at the beach, or just on a long afternoon. From Hayek to Keynes, from Plato to … Continue reading

Austrian School, Autarchy, Chicago School, Frontier Thesis, George Mason School, Inspiration, Keynesianism, Motivation, Resources | Leave a comment

Let’s diversify the states!

In a recent study, the Mercatus Center at George Mason University examined the laws and regulations that each of the 50 American states impose on their citizens and produced a list of them from freest to most restrictive. (Mercatus) This … Continue reading

Autarchy, Closed System, Competition, Economic Theory, Free Land, Frontier Thesis, Game Theory, George Mason School, Interdependency, Political Theory, Resources, Self-Reliance, Self-Sufficiency, Solutions, Systems Theory, Zero-sum | Leave a comment