MULTIMEDIA

The Foundational Difference Between Austrian Economics and the Mainstream

NOVEMBER 14, 2012 by PAUL CWIK

ABOUT

PAUL CWIK

Paul Cwik is a professor of economics at Mount Olive College. He earned a B.A from Hillsdale College, Michigan, an M.A. from Tulane University in Louisiana, and a Ph.D. from Auburn University in Alabama.

EMAIL UPDATES

* indicates required
Sign me up for...

CURRENT ISSUE

September 2014

For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION

THE ARENA

Spooner v. Bentham on Natural Rights

Which way do you lean on natural rights? Who do you find yourself agreeing with most often, Spooner or Bentham?