Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.
In economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. The phenomenon is closely connected with the technology life cycle.
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labour, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic entity and attempting to provide insights into the way it is structured and conceived.
The parable of the broken window was introduced by French economist Frédéric Bastiat in his 1850 essay "That Which Is Seen, and That Which Is Not Seen" to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society.
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director, George Stigler, and Ronald Coase. The field uses economics concepts to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated. There are two major branches of law and economics; one based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law, and a second branch which focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance.
The Lucas critique argues that it is naïve to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data. More formally, it states that the decision rules of Keynesian models—such as the consumption function—cannot be considered as structural in the sense of being invariant with respect to changes in government policy variables. It was named after American economist Robert Lucas's work on macroeconomic policymaking.
Tyler Cowen is an American economist, columnist and blogger. He is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department. He hosts the economics blog Marginal Revolution, together with co-author Alex Tabarrok. Cowen and Tabarrok also maintain the website Marginal Revolution University, a venture in online education.
Barry Julian Eichengreen is an American economist and economic historian who is the George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. Eichengreen is a research associate at the National Bureau of Economic Research and a research fellow at the Centre for Economic Policy Research.
Dame Diane Coyle is a British economist. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute.
EconTalk is a weekly economics podcast hosted by Russ Roberts. Roberts, formerly an economics professor at George Mason University, is a research fellow at Stanford University's Hoover Institution. On the podcast, Roberts typically interviews a single guest—often professional economists—on topics in economics. The podcast is hosted by the Library of Economics and Liberty, an online library sponsored by Liberty Fund. On EconTalk Roberts has interviewed more than a dozen Nobel Prize laureates including Nobel Prize in Economics recipients Ronald Coase, Milton Friedman, Gary Becker, and Joseph Stiglitz as well as Nobel Prize in Physics recipient Robert Laughlin.
Russell David "Russ" Roberts is an American-Israeli economist. He is currently a research fellow at Stanford University's Hoover Institution and president of Shalem College in Jerusalem. He is known for communicating economic ideas in understandable terms as host of the EconTalk podcast.
Jamie Whyte is a New Zealand classical-liberal academic and politician who was the Leader of ACT New Zealand in 2014. He unsuccessfully contested the Pakuranga electorate in the 2014 general election. At the election, Whyte held the first position on the party list, but ACT did not achieve enough party votes to secure any list seats. Soon after the 2014 general election, he resigned from the leadership of ACT.
Throughout modern history, a variety of perspectives on capitalism have evolved based on different schools of thought.
Stephen T. Ziliak is an American professor of economics whose research and essays span disciplines from statistics and beer brewing to medicine and poetry. He is currently a faculty member of the Angiogenesis Foundation, conjoint professor of business and law at the University of Newcastle in Australia, and professor of economics at Roosevelt University in Chicago, IL. He previously taught for the Georgia Institute of Technology, Emory University, and Bowling Green State University. Much of his work has focused on welfare and poverty, rhetoric, public policy, and the history and philosophy of science and statistics. Most known for his works in the field of statistical significance, Ziliak gained notoriety from his 1996 article, "The Standard Error of Regressions", from a sequel study in 2004 called "Size Matters", and for his University of Michigan Press best-selling and critically acclaimed book The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice, and Lives (2008) all coauthored with Deirdre McCloskey.
Timothy Charles Leunig is an economist at the London School of Economics's Department of Economic History. After a long career as a Special Advisor, he became a Director at the economic consultants Public First.
A cautionary tale is a story where a person ignores a warning and commits a dangerous or forbidden act, which leads to an unpleasant outcome.
50 Things That Made the Modern Economy is a radio show and podcast on the BBC World Service. It is presented by economist and journalist Tim Harford. The first series was broadcast between 5 November 2016 and 28 October 2017. A second series began on 30 March 2019.
Harmonies of Political Economy is an 1850 book by the French classical liberal economist Frédéric Bastiat, in which the author applauds the power and ingenuity of the intricate social mechanism, "every atom of which ... is an animated thinking being, endued with marvelous energy, and with that principle of all morality, all dignity, all progress, the exclusive attribute of man - LIBERTY." While it is regarded as Bastiat's magnum opus, it was incomplete when it was published.
The Department of Economics is an academic department of the University of Oxford within the Social Sciences Division. Relatively recently founded in 1999, the department is located in the Norman Foster-designed Manor Road Building.
Cautionary Tales is a podcast produced by Pushkin Industries and hosted by economic journalist Tim Harford. Each episode presents a story of historical failure and analyzes it for patterns and lessons useful in the current day.
