Northrup Buechner

Dr. Buechner is an Associate Professor of Economics at St. John’s University, New York. He is author of Objective Economics: How Ayn Rand’s Philosophy Changes Everything About Economics. Visit his website at ObjectiveEconomics.NET

The Law of Supply and Demand: Part II

A series of essays based on portions of Objective Economics: How Ayn Rand’s Philosophy Changes Everything About Economics by Northrup Buechner. In my previous posting on this subject, I noted that both the proponents and opponents of the law of supply and demand...
How The Economy Works

How The Economy Works

An excerpt from Objective Economics: How Ayn Rand’s Philosophy Changes Everything About Economics by Northrup Buechner.   Here is the fundamental problem of economics: Every consumer good that you buy reaches you through the cooperation of literally...

Economic Ideas and Their Consequences

Economic Ideas and Their Consequences

The public standing of economics and economists has been declining for some time. In the 1960s and 1970s, economists were seen, and they saw themselves, as the saviors of the economy. They talked of “fine-tuning” the economy, of changing government...

The End of Civilization As We Know It

The End of Civilization As We Know It

What we are seeing in Europe is that that model is inherently unsustainable. The concept of individual rights is the only standard for government action that puts an objective limit on what the government can do. The post-war leaders of Europe were completely ignorant...

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