Economic Education
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The Fatal Conceit of COVID-19 Epidemic Models
“The epidemiological world has published countless articles and studies warning against the tendency and ease with which one can overestimate Ro. We have fallen prey to this tendency once again.” Gregory van Kipnis
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Tragedies of Our Time: Pandemic, Planning, and Racial Politics
“The magnitude and depth of what has actually been experienced in declines in production and rises in unemployment have one and only one primary and singular source: the federal and especially state government-ordered shutdowns across the country.” ~ Richard Ebeling
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Should We Be Worried about Big Tech?
“AIER itself has faced throttling by Google, YouTube, and perhaps Twitter, and videos we’ve needed for science-based postings have been deleted. We steadily worked to build our own outlets, preparing for the possibility of full censorship.” ~ Donovan Choy
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Protest Also Against Police Unions and Qualified Immunity
Surprising myself, I write here about the murder of George Floyd. My surprise springs from my long-held belief that I, a professional economist who now specializes in studying trade and trade policy, likely have nothing useful to add to public discussions about race relations and police misconduct. It’s not that I have no opinions about…
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Will Social Security Go Bankrupt?
“Where are we now? Is Social Security going bankrupt? Not literally, since bankruptcy law does not apply to government agencies or programs. But it is unquestionably true that Social Security is headed for a fiscal calamity.” ~ Warren Gibson
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Three Unsung Heroes of the Coronavirus Crisis
“Lesser mentioned, but integral to the attempts to wrestle life back to some version of the status quo are numerous groups of professionals and workers whose unseen efforts would be both immediately noticed and sorely missed if absent. Thank you to the three mentioned here and to the many of those who are not.”~Peter C.…
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Unemployment Far Worse in Lockdown States, Data Show
“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail Devereaux
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How LockDowns Shattered the Structure of Production
“Fully lifting government restrictions and restraints will see people, once again, willingly demanding all the goods they want when they are at liberty to freely work and earn, to supply and demand, once more.” ~ Richard M. Ebeling
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You Can Stop Rio Tinto Mining…By Paying For It!
“To prevent a mining company from using land sacred to someone else, there exists a payment of money such that the conflict can be resolved. You just have to find it, negotiate it, raise the money – and pay. In the age of vast crowdsourcing and rapid information, that shouldn’t be much of a problem.”…
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Give Sweden a B- in Coronavirus 101
“The experiences in nursing homes have varied. Let us learn from them without politicizing them. Nursing homes present challenges that call for particular solutions, to be undertaken chiefly by people who are close to those to be protected.” ~ Daniel B. Klein & Charlotta Stern
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•
The Fatal Conceit of COVID-19 Epidemic Models
“The epidemiological world has published countless articles and studies warning against the tendency and ease with which one can overestimate Ro. We have fallen prey to this tendency once again.” Gregory van Kipnis
-
•
Tragedies of Our Time: Pandemic, Planning, and Racial Politics
“The magnitude and depth of what has actually been experienced in declines in production and rises in unemployment have one and only one primary and singular source: the federal and especially state government-ordered shutdowns across the country.” ~ Richard Ebeling
-
•
Should We Be Worried about Big Tech?
“AIER itself has faced throttling by Google, YouTube, and perhaps Twitter, and videos we’ve needed for science-based postings have been deleted. We steadily worked to build our own outlets, preparing for the possibility of full censorship.” ~ Donovan Choy
-
•
Protest Also Against Police Unions and Qualified Immunity
Surprising myself, I write here about the murder of George Floyd. My surprise springs from my long-held belief that I, a professional economist who now specializes in studying trade and trade policy, likely have nothing useful to add to public discussions about race relations and police misconduct. It’s not that I have no opinions about…
-
•
Will Social Security Go Bankrupt?
“Where are we now? Is Social Security going bankrupt? Not literally, since bankruptcy law does not apply to government agencies or programs. But it is unquestionably true that Social Security is headed for a fiscal calamity.” ~ Warren Gibson
-
•
Three Unsung Heroes of the Coronavirus Crisis
“Lesser mentioned, but integral to the attempts to wrestle life back to some version of the status quo are numerous groups of professionals and workers whose unseen efforts would be both immediately noticed and sorely missed if absent. Thank you to the three mentioned here and to the many of those who are not.”~Peter C.…
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•
Unemployment Far Worse in Lockdown States, Data Show
“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail Devereaux
-
•
How LockDowns Shattered the Structure of Production
“Fully lifting government restrictions and restraints will see people, once again, willingly demanding all the goods they want when they are at liberty to freely work and earn, to supply and demand, once more.” ~ Richard M. Ebeling
-
•
You Can Stop Rio Tinto Mining…By Paying For It!
“To prevent a mining company from using land sacred to someone else, there exists a payment of money such that the conflict can be resolved. You just have to find it, negotiate it, raise the money – and pay. In the age of vast crowdsourcing and rapid information, that shouldn’t be much of a problem.”…
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•
Give Sweden a B- in Coronavirus 101
“The experiences in nursing homes have varied. Let us learn from them without politicizing them. Nursing homes present challenges that call for particular solutions, to be undertaken chiefly by people who are close to those to be protected.” ~ Daniel B. Klein & Charlotta Stern