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 Underappreciated Trend in Mortality and Inequality
Most economists, left or right, care about human development. By human development, they mean more than simply increases in income. They refer to a greater ability for individuals to choose the lives they deem most fulfilling under continually weakening constraints. Regardless of their political leanings, most economists will also be concerned with the inequalities in…
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Neoliberalism and Intellectual Turing Tests
Is neoliberalism libertarianism? Is it a form of market-oriented technocracy? Is it a form of elitist ideology favorable to markets? Is it a justification for a rent-seeking elite? It’s unclear exactly what it is.
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The Economics of Pandemics and Quarantines
Soft-handed measures are cheaper and more effective in diminishing contagion than heavy-handed measures.
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The Overuse of the “Roaring Twenties”
The problem is that this image is a fiction. In no way does the evidence from the field of economic history support it. Maybe it is politically useful to use it, but it is not historically nor economically accurate.
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State Capacity, Economic Growth, and Reverse Causality
The problem is that, from a research perspective, there are important reasons to keep off the state capacity bandwagon, even if doing so would be ideologically congenial.
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Five Great and Recent Books on Economic History
The field of economic history is a hard one to dabble in. It requires the assembly of rich and complex data from the past. Unlike modern statistical series, there are no “user guides” for economists and historians who deal with past data. One must simply absorb large quantities of detail to make things as simple…
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Beware of Happiness Statistics
A recurrent complaint leveled at economists is that income per capita is not a good measure of welfare. In its most refined forms, the complaint is that gross domestic product (GDP) per capita is a poor indicator of well-being. This is why there have been frequent calls to shift to other measures of well-being where…
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Biodiversity and Prosperity Go Together
The Intergovernmental Panel on Climate Change (IPCC) is clear: there is a loss of biodiversity globally. The losses are expected to increase as a result of climate change. As a result, there are some researchers who advance the idea that we may be in the Sixth Great Extinction. However, it must be pointed out that…
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The Link Between Prosperity and Freedom Is Even Stronger than You Think
Dictatorships or authoritarian regimes (which also tend to be economically unfree) often put a lot of pressure on their bureaucrats to develop the economy and increase output. Thus are their data positively biased.
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Institutions Matter More than Climate Change
In the last weeks, the topic of Venice’s floods has been heavily discussed in the media. This is part because it has been argued by some that it represents a vivid illustration of the problem posed by climate change. As such, the occasion has been used to renew calls to actions to mitigate climate change. …
-
•
The Underappreciated Trend in Mortality and Inequality
Most economists, left or right, care about human development. By human development, they mean more than simply increases in income. They refer to a greater ability for individuals to choose the lives they deem most fulfilling under continually weakening constraints. Regardless of their political leanings, most economists will also be concerned with the inequalities in…
-
•
Neoliberalism and Intellectual Turing Tests
Is neoliberalism libertarianism? Is it a form of market-oriented technocracy? Is it a form of elitist ideology favorable to markets? Is it a justification for a rent-seeking elite? It’s unclear exactly what it is.
-
•
The Economics of Pandemics and Quarantines
Soft-handed measures are cheaper and more effective in diminishing contagion than heavy-handed measures.
-
•
The Overuse of the “Roaring Twenties”
The problem is that this image is a fiction. In no way does the evidence from the field of economic history support it. Maybe it is politically useful to use it, but it is not historically nor economically accurate.
-
•
State Capacity, Economic Growth, and Reverse Causality
The problem is that, from a research perspective, there are important reasons to keep off the state capacity bandwagon, even if doing so would be ideologically congenial.
-
•
Five Great and Recent Books on Economic History
The field of economic history is a hard one to dabble in. It requires the assembly of rich and complex data from the past. Unlike modern statistical series, there are no “user guides” for economists and historians who deal with past data. One must simply absorb large quantities of detail to make things as simple…
-
•
Beware of Happiness Statistics
A recurrent complaint leveled at economists is that income per capita is not a good measure of welfare. In its most refined forms, the complaint is that gross domestic product (GDP) per capita is a poor indicator of well-being. This is why there have been frequent calls to shift to other measures of well-being where…
-
•
Biodiversity and Prosperity Go Together
The Intergovernmental Panel on Climate Change (IPCC) is clear: there is a loss of biodiversity globally. The losses are expected to increase as a result of climate change. As a result, there are some researchers who advance the idea that we may be in the Sixth Great Extinction. However, it must be pointed out that…
-
•
The Link Between Prosperity and Freedom Is Even Stronger than You Think
Dictatorships or authoritarian regimes (which also tend to be economically unfree) often put a lot of pressure on their bureaucrats to develop the economy and increase output. Thus are their data positively biased.
-
•
Institutions Matter More than Climate Change
In the last weeks, the topic of Venice’s floods has been heavily discussed in the media. This is part because it has been argued by some that it represents a vivid illustration of the problem posed by climate change. As such, the occasion has been used to renew calls to actions to mitigate climate change. …