Interview with James Buchanan
, by James M. Buchanan
, The Region
, Sep 1995
Topics include The Calculus of Consent
, public choice theory, monetary policy and the Federal Reserve
"Economists traditionally have been much more pro-market and anti- politics, anti-government than the other parts of the Academy in general. But throughout the decades economists have been frustrated by the fact that they put their ideas out there and nobody pays any attention. Economists have found you can't go out there and sell the idea of a market economy very readily. You have to be sophisticated to understand it. It's difficult to sell the idea of a market economy, so economists haven't been very effective."
The Death Wish of the Anarcho-Communists
, by Murray Rothbard
, The Libertarian Forum
, 1 Jan 1970
Critique of anarcho-communism, examining its presumed non-coercive nature, and its philosophical and economics orientation
"It is no accident that it was precisely the economists in the Communist countries who led the rush away from communism, socialism, and central planning, and toward free markets. It is no crime to be ignorant of economics ... But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
The Myth of the Rational Voter
, by Bryan Caplan, Cato Unbound
, 6 Nov 2006
Posits that voters mistaken beliefs, in particular about economics, do not "cancel each other out" but instead they compound
"When experts ... address a broader audience ... they need to ... clearly explain why the experts are right and the public is wrong. Thus, when economists get the public's ear, they should not bore them with the details of national income statistics ... They should challenge the public's misconceptions about markets, foreigners, saving labor, and progress."
Why Intellectuals Still Support Socialism
, by Peter G. Klein, Mises Daily
, 15 Nov 2006
"... economists are not traditionally popular as policy advisors. Economics teaches that resources are limited, that choices made imply opportunities forgone, that our actions can have unintended consequences. This is typically not what government officials want to hear."
What Do Economists Contribute?
by Daniel B. Klein (Editor), Cato Institute
Partial contents: On the Role of Values in the Work of Economists - Economists and Public Policy - On the Decline of Authority of Economists - 'Realism' in Policy Espousal - How To Do Well While Doing Good! - The Common Weal and Economic Stories