Paolo Silvestri interviews McCloskey about her forthcoming book, ‘Beyond Behaviorism, Positivism, and Neo-Institutionalism in Economics’, critical of recent economics, especially of neo-institutionalism. Neo-institutionalism uses the ugly character ‘Herr Max U’ as its central idea: the elevation of Prudence to the only virtue. Institutions are mainly intermediate, not ultimate, causes in Read more…
In his paper, NOUS Young Affiliate Lachezar Grudev reconstructs the path of German economist Friedrich A. Lutz (1901–1975) to American economics. The correspondence with his former teacher Walter Eucken, the founder of the Freiburg School, constitutes a crucial and yet unexplored source for the paper. Through Lutz’s case, he demonstrates Read more…
“In this essay, I shall argue that while we are right to be concerned about the cultural health of minority communities, this gives us insufficient reason to abandon, modify, or reinterpret liberalism. Far from being indifferent to the claims of minorities, liberalism puts concern for minorities at the forefront. Its Read more…
Religion exerts a powerful influence on many people’s lives. In their new paper, NOUS member Niclas Berggren and Martin Ljunge investigate how self-assessed religiosity affects self-assessed health in Europe. Their sample consists of individuals with a native father and an immigrant mother from another European country. This sample allows for Read more…
Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. In their new paper, NOUS member Lars Feld along with Désirée I. Christofzik, Steffen Elstner, and Christoph M. Schmidt empirically analyze three prominent explanations for this development. First, using a novel quarterly utilization-adjusted total Read more…