The New Anti-Economics

The New Anti-Economics
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Jeff Deist
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Commentary

Economics is about human action and choice within the context of scarcity. The problem facing economists is understanding and explaining human betterment, which is another way of saying production. The critical question, posed correctly by economist Per Bylund, starts with scarcity as the default point for understanding purposive human behavior.

Jeff Deist
Jeff Deist
Author
Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients.
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