Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
[The anniversary of Mises’s death (1973) and the founding of the Mises Institute (1982)] In previous articles, the present author pointed out the distressing tendency of many neoclassicals to contrast the “naïve” conclusions of the layman with the counterintuitive, “correct” reasoning of the expert economist. It was found that not only was the