Kurt R. Leube

    For me the most beautiful word in the dictionary is ‘tariff’ and it is my favorite word   Donald J. Trump     Mercantilism Roughly by the beginning of the 15th century, Mercantilism began to replace the medieval ideas of Universalism and dominated economic thinking more or less to the end of the […]

    It is no crime to be ignorant of economics…But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. Murray N. Rothbard   Take Away The lack of a prestigious academic base did not prevent Murray N. Rothbard from reaching a wide […]

   Defining of the public interest is always very, very difficult.   Sir Keir Starmer, currently Prime Minister of the UK and leader of the UK Labor Party   Take Away The ubiquitous concept of the Public Interest, if it can be defined at all, serves as the fundamental criterion for establishing the legitimation of […]

    The theory of economic equilibrium is Walras’ claim to immortality, that great theory whose crystal-clear train of thought has illuminated the structure of purely economic relationships with the light of one fundamental principle. Joseph A. Schumpeter It is only the passionate pro-socialist zeal of mathematical pseudo-economists that transforms a purely analytical tool of […]

  A very short appreciation of Immanuel Kant (1724-1804) and his opus magnum   No one has a right to compel me to be happy in the peculiar way in which he may think of the well-being of other men; but everyone is entitled to seek his own happiness in the way that seems to […]