- This article uses content from the Wikipedia article on Gene_Callahan_(economist) (edition) under the terms of the CC-by-SA 3.0 license.
Gene Callahan is an American economist and writer.
Callahan has written for Reason, The Freeman, The Free Market, Slick Times, Java Developer's Journal, Software Development, Dr. Dobb's Journal, Human Rights Review, Independent Review, NYU Journal of Law and Liberty, Review of Austrian Economics, and other publications. He was also a frequent contributor to LewRockwell.com, prior to 2008.
Economics For Real People
Wittgenstein famously said, "whatever can be said, can be said clearly"; but does this apply to economics? Callahan, like his great predecessor, Henry Hazlitt, shows that it does. If the theme of Hazlitt's Economics in One Lesson is the indirect effects of intervention in the economy, Callahan's dominant thread is the role of monetary calculation in making possible cooperative activity on a vast scale.
According to economist Richard Ebeling, Callahan's book,
...neatly explains why socialist central planning must inevitably result in failure because the abolition of private property, market competition, and money prices eliminates the institutional prerequisites for economic calculation, without which the central planner is left with no rational method to determine whether or not the resources under his control are being applied in an efficient manner.
- Gordon, David. "Hazlitt For Our Time". The Mises Review, Vol. 8, No. 3. Fall 2002. Ludwig von Mises Institute.
- Ebeling, Richard. "Book Review". Future of Freedom Foundation. November 2002.