Economia Nova: Direitos de propriedade

Peter Boettke: Reading Armen Alchian along with Dave Prychitko back in 1984 had a huge impact on me. I had the semester before studied with a PhD student of Jack Hirschleifer and Armen Alchian who was working at World Bank and teaching at GMU as an adjunct (intermediate micro) at 7:30am M-W-F. I remember her as one of the best teachers I ever had, and I spoke with her after every class about Hirschleifer's book and the problems. Grove City College had excited me about economics, but my t...

Armen Alchian (1914-2013) was an economist’s economist. How his mind worked and why it so impressed his peers is illustrated perfectly by an episode from his time at the Rand Corporation in the 1950s as the Cold War was ramping up. Both the United States and Soviet nuclear programs were cloaked in...