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Austrian economics veers sharply from the economic mainstream over the use of mathematics and quantitative measures. Instead, Austrians build upon irrefutable premises based upon human action.
Original article: https://mises.org/mises-wire/questionable-role-quantitative-methods-economics
Some in Congress are floating the idea of selling government land -- especially in the West -- as a way to pay down federal debt and free more land for housing. While this might seem like a free market "solution," we should remember that the government is a rapacious monopoly.
Original article: https://mises.org/mises-wire/selling-public-lands
While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed.
Original article: https://mises.org/mises-wire/economic-success-singapore-and-hong-kong
Why did North and South go to war with each other in 1861? The standard narrative is that slavery caused the war while more thoughtful people realize that the causes are much more complex than the simple "slavery existed" narrative.
Original article: https://mises.org/mises-wire/understanding-causes-lincolns-war
In the midst of the television coverage of Soccer Aid, a celebrity soccer match organised by Unicef, the audience was told that “one in six children around the world are currently living through war”.
Listener Isla got in touch with More or Less to ask whether the claim was correct, so we tracked down the source to an organisation called the Peace Research Institute Oslo.
Research director Siri Aas Rustad tells us how they worked out a figure for the number of children living near to a “conflict” and the big differences between that and something most people would think of as “war”.
If you’ve seen a number you think we should look at, email the team on moreorless@bbc.co.uk
Presenter: Lizzy McNeill Producer: Nicholas Barrett Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Giles Aspen Editor: Richard Vadon