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Tag Archives: ignorance
“But What About People Who Make Bad Decisions?”
Recently, I was involved in a debate in which the following criticism was made (obviously I’m paraphrasing here): “Sure, the free market sounds good and all, but how can it possibly correct itself and allocate resources efficiently when some people … Continue reading
Posted in General Theory
Tagged austrian economics, bad decisions, Economics, human action, ignorance, ludwig von mises, rational
37 Comments
Dude, Where's My Freedom? 
Ignorance As Protest
I’ve had a few people ask me what I think of the situation in Ukraine. I’ve read a few articles discussing the “libertarian perspective” on Crimea. But I haven’t said much about these issues myself, because I honestly just don’t … Continue reading →