Arnold Kling on George Mason University Economics

Well worth reading.

Here's my similar take on this analysis.

Here's an excellent quote:

Back in the 1980's, I recall that Microsoft had a very low profile in Washington. Technology leaders, including Bill Gates, seemed to feel this way: those who can, compete; those who can't, lobby. In this view, a technology firm that has a big lobbying focus is indicating that it has lost its way. If the Gates Foundation cannot come up with a better way to spend its money than to plead with politicians, then I would suggest that it has lost its way.

Comments

[Brian Pitt]

Excellent Post!

Yes, Mason is creating a generation of not mere economists, but Masonomists (or shrewd human scientists who understand that the economy cannot be understood apart from the society, and neither can be understood apart from the polity).

Prediction: Caplan, Cowen, Boettke, or another Masonomist will win the Nobel Laureate thirty years from now!