Vincent Geloso
Senior Fellow
Vincent Geloso, senior fellow at AIER, is an assistant professor of economics at George Mason University. He obtained a PhD in Economic History from the London School of Economics.
Follow him on Twitter @VincentGeloso
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The Politicization of the Post Office was Inevitable
“The origins of the Post Office are political. No doubt about it. Why should we be surprised that, given these origins, the USPS is still a tool for politicking today?” ~ Vincent Geloso
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Economic Freedom Is Essential for Managing Pandemics
“There is an important lesson for the future. If one desires the downward trends in the human and economic costs observed over the course of the 20th century to continue, one must push for a greater deal of institutional flexibility. That flexibility is what makes the market’s process of discovery work and makes us more…
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Masks, Seatbelts, and Peltzman Effects
“A dose of humility on the part of policy-makers and pundits regarding their abilities would be welcomed. This dose of humility might push them to consider what potentially superior ways of dealing with the outbreak exist.” ~ Vincent Geloso
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Disease and the Unconstrained State
If we alter the constraints and powers of political actors as a result of reasoning in an institutional vacuum, we may be giving to political actors things they wanted regardless of the crisis. In the long-run, it will come at a cost.
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Spanish Flu Was Awful But We Moved On Anyway
The Spanish Flu killed at least 50 million individuals in the span of a few months and contributed to a industrial production and commercial activity drop of between 16% to 25% in less than a year. Here are three prudent lessons on how to minimize long-term costs brought by temporary behavioral changes enacted to slow…
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The Virtues of Fiscal Discipline
Deficits used to be temporary affairs racked up in exceptional periods as the result of shocks, and paid down with surpluses. Despite years of decent economic growth, public debts in most western countries remain at high levels relative to GDP. Consequently, capacity to respond to crisis – such as natural disasters, wars and the one…
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What Herbert Hoover Can Teach Us about the Reaction to the Coronavirus
Just as Hoover’s policies during the Great Depression made things worse especially for the poorest in America, the policy responses we see now will hurt.
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•
Globalization Does Not Increase Pandemic Risk
During the 20th century, the volume of international exchanges went in the opposite direction: trade increased and expanded as a result of trade liberalization and technological innovations in transport and communications. Thus, it appears that in spite of globalization, the damages wrought by pandemics have fallen.
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Is Bernie Right about Education in Cuba?
What explains the rising literacy rates and rising levels of educational achievements is also what explains the regime’s ability to continually repress Cuban people.
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Enough of this Idea of Presidential Greatness
What constitutes a great president? Every presidential election, pundits and commentators opine on the characteristics of presidents that made them great. Starting in 1948, at the impulse of Arthur Schlesinger Sr. of Harvard University, historians have weighted in by providing their rankings of the presidents according to greatness. Ever since, the surveys of presidential performance…
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•
The Politicization of the Post Office was Inevitable
“The origins of the Post Office are political. No doubt about it. Why should we be surprised that, given these origins, the USPS is still a tool for politicking today?” ~ Vincent Geloso
-
•
Economic Freedom Is Essential for Managing Pandemics
“There is an important lesson for the future. If one desires the downward trends in the human and economic costs observed over the course of the 20th century to continue, one must push for a greater deal of institutional flexibility. That flexibility is what makes the market’s process of discovery work and makes us more…
-
•
Masks, Seatbelts, and Peltzman Effects
“A dose of humility on the part of policy-makers and pundits regarding their abilities would be welcomed. This dose of humility might push them to consider what potentially superior ways of dealing with the outbreak exist.” ~ Vincent Geloso
-
•
Disease and the Unconstrained State
If we alter the constraints and powers of political actors as a result of reasoning in an institutional vacuum, we may be giving to political actors things they wanted regardless of the crisis. In the long-run, it will come at a cost.
-
•
Spanish Flu Was Awful But We Moved On Anyway
The Spanish Flu killed at least 50 million individuals in the span of a few months and contributed to a industrial production and commercial activity drop of between 16% to 25% in less than a year. Here are three prudent lessons on how to minimize long-term costs brought by temporary behavioral changes enacted to slow…
-
•
The Virtues of Fiscal Discipline
Deficits used to be temporary affairs racked up in exceptional periods as the result of shocks, and paid down with surpluses. Despite years of decent economic growth, public debts in most western countries remain at high levels relative to GDP. Consequently, capacity to respond to crisis – such as natural disasters, wars and the one…
-
•
What Herbert Hoover Can Teach Us about the Reaction to the Coronavirus
Just as Hoover’s policies during the Great Depression made things worse especially for the poorest in America, the policy responses we see now will hurt.
-
•
Globalization Does Not Increase Pandemic Risk
During the 20th century, the volume of international exchanges went in the opposite direction: trade increased and expanded as a result of trade liberalization and technological innovations in transport and communications. Thus, it appears that in spite of globalization, the damages wrought by pandemics have fallen.
-
•
Is Bernie Right about Education in Cuba?
What explains the rising literacy rates and rising levels of educational achievements is also what explains the regime’s ability to continually repress Cuban people.
-
•
Enough of this Idea of Presidential Greatness
What constitutes a great president? Every presidential election, pundits and commentators opine on the characteristics of presidents that made them great. Starting in 1948, at the impulse of Arthur Schlesinger Sr. of Harvard University, historians have weighted in by providing their rankings of the presidents according to greatness. Ever since, the surveys of presidential performance…