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December 2021 ISSUE

Israel Kirzner and the “European Miracle”

By Rosolino Candela

Professor Israel M. Kirzner, more than any other economist of the Austrian School (and among economists in general) since the second half of the 20th century, has revived our understanding of the systematic role of the entrepreneur as the driving force of the market as ...

When the Elite Become the Elect

By Arnold Kling

With the rise of Third Wave Antiracism we are witnessing the birth of a new religion, just as Romans witnessed the birth of Christianity. The way to get past seeing the Elect as merely "crazy" is to understand that they are a religion. To see them this way is not ...

Speculations on Origins and Endings: An Essay on The Essential UCLA School of Economics

By Michael L. Davis

An Essay and Book Review of The Essential UCLA School of Economics, by David R. Henderson and Steven Globerman.1 When you think about dinosaurs—which you should; dinosaurs are awesome—you always end up with the same two questions: where did they come from and...

Toward the Final Transition

By Stephen Davies

A Book Review of Grand Transitions: How the Modern World Was Made, by Vaclav Smil.1 Over the last two decades, Vaclav Smil has produced a series of outstanding scholarly works across a range of interconnected topics. The core interest in all cases is energy—its...

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