Development of Economics Archives - Ethics & Public Policy Center

What Should Be a Culture of Enterprise in an Age of Globalization?

The Intercollegiate Studies and Cato Institutes deserve our thanks for this conference posing the question, “What Should Be a Culture of Enterprise in an Age of Globalization?” But I think we must start with a prior question: Isn’t “culture of enterprise” really an oxymoron?

The Economics of Loving Your Neighbor

[NOTE: The graphs and charts from Mr. Mueller’s presentation are available in PowerPoint and PDF formats by clicking here.] Princeton University and the Pace Center deserve our thanks for organizing this panel on “The Economics of Loving Your Neighbor.” The great German economist Wilhelm Röpke once wrote, “Economically ignorant moralism is as objectionable as morally […]

Jacques Rueff: Political Economist for the 21st Century?

My original plan, several months ago, was to do homage before the 20th century ended to the French economist Jacques Rueff, by nominating him as the “rightest” political economist of the century. I had to rethink that plan after the Royal Swedish Academy of Sciences awarded the Nobel Prize for Economics to Robert A. Mundell […]

Nobel Prize Winner Robert A. Mundell: An Appreciation

In October, the Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics to Robert A. Mundell. The Nobel Committee cited Mundell “for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas.” It may seem that the Nobel announcement, and press articles and editorials […]