Here is a conversation I had with Bob Murphy about Jim Gwartney and Richard Stroup, and their econ textbook: Letter 1: Dear Bob: In your excellent comparison of Austrian and Chicago economics you say this: “It was a principles of microeconomics class, and we were using the (excellent) textbook by Gwartney, Stroup, et al.” Let me tell you a little story. Tom DiLorenzo invited me to give a lecture at his school, Loyola Maryland. My thesis was that productivity differences, not sexism, accounted for the male female wage gap. So far, you’d think both Austrians and Chicagoans would agree. But … Continue reading Gwartney and Stroup
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