Browsing by Author "Barnett II, William"

Now showing items 1-4 of 4

    • INVOLUNTARY UNEMPLOYMENT 

      Barnett II, William; Block, Walter (АИ "Ценов", 2008)
      Our claim is that in the purely free enterprise system, there can be no such thing as involuntary unemployment, as long as wage demands are in accord with expected productivity, as perceived by the potential employer. ...

    • SCALE OF VALUES VIOLATES SINGULARISM 

      Barnett II, William; Block, Walter (АИ "Ценов", 2009)
      There is at the very least a tension between two basic building blocs of Austrian economics. The doctrine of singularism maintains that choice is inevitably and necessarily between two and only two things: that which is ...

    • SPREADING THE BENEFITS OF PRODUCTIVITY INCREASES: PRICE INCREASES, DECREASES, OR BOTH? A CRITIQUE OF BAUMOL ON SUBSIDIES TO THE ARTS 

      Barnett II, William; Block, Walter (АИ "Ценов", 2006)
      This paper attempts to grapple with the market mechanism through which growth in one sector of the economy spreads to other sectors. It calls into question Baumol’s argument for subsidies to the arts and by extension, to ...

    • THE ANTIMATHEMATICALITY OF DEMAND CURVES 

      Barnett II, William; Block, Walter (АИ "Ценов", 2010)
      Mathematics has proven so helpful in the physical sciences such as physics that it has been improperly applied to economics. The dismal science studies purposeful human action, while purpose in the hard sciences is properly ...