Economic Education
-
•
Dissenters, Unite!
“Nemeth falls for the classic writer’s mistake of telling her readers something rather than showing them. She repeats her talking points about the group value of dissent and she explains the results from various experimental studies, but she never really delves into precisely how those studies convincingly prove the psychological results they aim for: that…
-
•
From AI to UBI?
“AI cannot credibly justify a radical policy like UBI at this point. Misunderstanding AI adds to a natural fear of the unknown though we know that technological change always proves beneficial to the economy and that society will have ample resources to aid anyone who might be displaced by AI in the future. People should…
-
•
Climate, CO2 Optimism
“Climate alarmism, never proven, is speculative—and increasingly so. Climate models are overpredicting real-world warming by half. For climate economists, lower-range anthropogenic warming flips the alleged externality from negative to positive. In any case, as leading scientist Roy Spencer concludes, ‘There is no Climate Crisis. There is no Climate Emergency.'” ~ Robert L. Bradley
-
•
When Politicians Say Fair Tax, They Only Mean More Tax
“So what exactly is anyone’s ‘fair share?’ That’s a hard question, and it’s made harder still when people tasked with answering it do everything they can to avoid answering it. As long as this continues, calls for the rich to pay ‘their fair share’ will never end because, in light of the numbers, proponents seem…
-
•
Burning Issues of Government Spending
“Government spending starts with taking money from taxpayers and setting 20 percent of it on fire. Even if the remaining funds were spent on very efficient projects, they have very little chance of creating net benefits for the economy.” ~ Thomas L. Hogan
-
•
Markets Help People Care For You Without Caring About You
“To those of you who are working to reduce transaction costs and find easier ways for strangers to cooperate, this absent-minded professor offers a heartfelt ‘thank you.’ Yes, I will try to be more careful next time–but as someone who routinely misplaces keys, coffee cups, sunglasses, and so on, I appreciate the efforts of those…
-
•
The Everything Bubble and What it Means for Your Money
“The Everything Bubble is a grand illusion, money is growing more plentiful, credit more available. Asset prices are not really rising; it is the value of money which is being systematically undermined. I wonder whether the motto for this pandemic will be carpe diem, quam minimum credula pecunia – seize the day, place no trust…
-
•
Moritz J. Bonn: A Classical Liberal Voice in a Collectivist World
“Moritz J. Bonn was one of those classical-liberal voices of the twentieth century who understood how and why the world had turned away from its earlier roots in a philosophy, a politics, and an economics of freedom. He, like others from those middle decades of the last century, still has something of value to say…
-
•
What Chess Can Teach Us About Economic Justice
“Congrats to all the hard-working chess-producers out there: you deserve every cent you earn – even the ones that governments steal from you. In any counterfactual world, we’d want somebody’s skills and work and knowledge, in which case they would deserve that wealth. It had to be someone, and it happened to be you. Congrats!”…
-
•
The State Is Not Entrepreneurial
“But the State is not a company, and McCloskey and Mingardi dismantle the theoretical errors of Professor Mazzucato, who, like many others, prefers to ignore the analysis of the nature and consequences of the fundamental characteristic of the State: the monopoly of legitimate coercion.” ~ Carlos Rodríguez Braun
-
•
Dissenters, Unite!
“Nemeth falls for the classic writer’s mistake of telling her readers something rather than showing them. She repeats her talking points about the group value of dissent and she explains the results from various experimental studies, but she never really delves into precisely how those studies convincingly prove the psychological results they aim for: that…
-
•
From AI to UBI?
“AI cannot credibly justify a radical policy like UBI at this point. Misunderstanding AI adds to a natural fear of the unknown though we know that technological change always proves beneficial to the economy and that society will have ample resources to aid anyone who might be displaced by AI in the future. People should…
-
•
Climate, CO2 Optimism
“Climate alarmism, never proven, is speculative—and increasingly so. Climate models are overpredicting real-world warming by half. For climate economists, lower-range anthropogenic warming flips the alleged externality from negative to positive. In any case, as leading scientist Roy Spencer concludes, ‘There is no Climate Crisis. There is no Climate Emergency.'” ~ Robert L. Bradley
-
•
When Politicians Say Fair Tax, They Only Mean More Tax
“So what exactly is anyone’s ‘fair share?’ That’s a hard question, and it’s made harder still when people tasked with answering it do everything they can to avoid answering it. As long as this continues, calls for the rich to pay ‘their fair share’ will never end because, in light of the numbers, proponents seem…
-
•
Burning Issues of Government Spending
“Government spending starts with taking money from taxpayers and setting 20 percent of it on fire. Even if the remaining funds were spent on very efficient projects, they have very little chance of creating net benefits for the economy.” ~ Thomas L. Hogan
-
•
Markets Help People Care For You Without Caring About You
“To those of you who are working to reduce transaction costs and find easier ways for strangers to cooperate, this absent-minded professor offers a heartfelt ‘thank you.’ Yes, I will try to be more careful next time–but as someone who routinely misplaces keys, coffee cups, sunglasses, and so on, I appreciate the efforts of those…
-
•
The Everything Bubble and What it Means for Your Money
“The Everything Bubble is a grand illusion, money is growing more plentiful, credit more available. Asset prices are not really rising; it is the value of money which is being systematically undermined. I wonder whether the motto for this pandemic will be carpe diem, quam minimum credula pecunia – seize the day, place no trust…
-
•
Moritz J. Bonn: A Classical Liberal Voice in a Collectivist World
“Moritz J. Bonn was one of those classical-liberal voices of the twentieth century who understood how and why the world had turned away from its earlier roots in a philosophy, a politics, and an economics of freedom. He, like others from those middle decades of the last century, still has something of value to say…
-
•
What Chess Can Teach Us About Economic Justice
“Congrats to all the hard-working chess-producers out there: you deserve every cent you earn – even the ones that governments steal from you. In any counterfactual world, we’d want somebody’s skills and work and knowledge, in which case they would deserve that wealth. It had to be someone, and it happened to be you. Congrats!”…
-
•
The State Is Not Entrepreneurial
“But the State is not a company, and McCloskey and Mingardi dismantle the theoretical errors of Professor Mazzucato, who, like many others, prefers to ignore the analysis of the nature and consequences of the fundamental characteristic of the State: the monopoly of legitimate coercion.” ~ Carlos Rodríguez Braun