Economic Education
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If Trump Were Serious About Making America Great Again, He Would Have Done This
“If Trump is serious about making America Great Again, he will, on his way out, do the right thing and make sure Santa Claus never threatens our airspace or our borders ever again.” ~ Art Carden
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Cost of Lockdowns: A Preliminary Report
“In the debate over coronavirus policy, there has been far too little focus on the costs of lockdowns. It’s very common for the proponents of these interventions to write articles and large studies without even mentioning the downsides.” ~ AIER Staff
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Do Not Trust Governments with the Control of Money
“If Judy Shelton is appointed to the Federal Reserve Board of Governors, and if she actually espouses and defends the ideas for which she is being condemned by so many of those ‘mainstream’ economists today, it may be a useful step to the societal transformation to a freer society, a key long run element of…
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Debt, Deficits, and the Donald
“Fortunately, divided government will mean no Green New Deal, no federally mandated and funded paid leave, and no Court-packing. But it probably won’t mean less spending. In fact, Senate majority leader Mitch McConnell has already announced that we can expect another COVID-relief bill, one containing many of the Democrats’ favorite provisions, such as bailouts of…
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State and Local Governments Should Not Get a Bailout – either from Congress or the Federal Reserve
“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesn’t approve a new ‘stimulus,’ and even if the Trump Administration doesn’t extend the Federal Reserve’s authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
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Tyler Cowen Is Wrong About Great Barrington Declaration on Lockdown Policies
“Lockdowns are being re-imposed across Europe, and we’re in increasing danger of seeing them re-imposed in parts of the United States. Ironically, if policy makers heed the advice in the Great Barrington Declaration, which Tyler disagrees with, then the lockdowns would be behind us.” ~ Benjamin Powell
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Who to Believe? What to Believe?
“The real world is complex and most of us do not have the information, or the information processing capabilities, to make sense out of much of it. So instead of jumping on intellectual bandwagons and opining that Y is the best color, or masks work because … they do!, or somebody on TV says so,…
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David Skarbek on Prison Order
“At best Skarbek has illustrated how governance institutions can be analyzed, providing us with a fascinating case study of prison life in a dozen settings. A bit more charitably, governance theory applied to prisons is not falsified by the examples he uses. Whether he has proven the usefulness of the theory, or its ability to…
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What Drives Progress: The State or the Market?
“The idea of an entrepreneurial state as proposed by Mazzucato is a romantic one. It’s an idea that people can come together and through sheer will can make innovation happen. That some very smart people with fancy degrees and prestigious titles can steer society to an optimal location. The only problem with that is just…
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Why Politics Breeds Divisive Fears and Angers
“Politics becomes a life and death struggle, a fight to the finish, since the winning side with the majority upper hand is able to impose and enforce its views and values on all in society. Only by limiting government to those few though essential functions can these tensions, angers, and divisions be reduced or even…
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If Trump Were Serious About Making America Great Again, He Would Have Done This
“If Trump is serious about making America Great Again, he will, on his way out, do the right thing and make sure Santa Claus never threatens our airspace or our borders ever again.” ~ Art Carden
-
•
Cost of Lockdowns: A Preliminary Report
“In the debate over coronavirus policy, there has been far too little focus on the costs of lockdowns. It’s very common for the proponents of these interventions to write articles and large studies without even mentioning the downsides.” ~ AIER Staff
-
•
Do Not Trust Governments with the Control of Money
“If Judy Shelton is appointed to the Federal Reserve Board of Governors, and if she actually espouses and defends the ideas for which she is being condemned by so many of those ‘mainstream’ economists today, it may be a useful step to the societal transformation to a freer society, a key long run element of…
-
•
Debt, Deficits, and the Donald
“Fortunately, divided government will mean no Green New Deal, no federally mandated and funded paid leave, and no Court-packing. But it probably won’t mean less spending. In fact, Senate majority leader Mitch McConnell has already announced that we can expect another COVID-relief bill, one containing many of the Democrats’ favorite provisions, such as bailouts of…
-
•
State and Local Governments Should Not Get a Bailout – either from Congress or the Federal Reserve
“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesn’t approve a new ‘stimulus,’ and even if the Trump Administration doesn’t extend the Federal Reserve’s authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
-
•
Tyler Cowen Is Wrong About Great Barrington Declaration on Lockdown Policies
“Lockdowns are being re-imposed across Europe, and we’re in increasing danger of seeing them re-imposed in parts of the United States. Ironically, if policy makers heed the advice in the Great Barrington Declaration, which Tyler disagrees with, then the lockdowns would be behind us.” ~ Benjamin Powell
-
•
Who to Believe? What to Believe?
“The real world is complex and most of us do not have the information, or the information processing capabilities, to make sense out of much of it. So instead of jumping on intellectual bandwagons and opining that Y is the best color, or masks work because … they do!, or somebody on TV says so,…
-
•
David Skarbek on Prison Order
“At best Skarbek has illustrated how governance institutions can be analyzed, providing us with a fascinating case study of prison life in a dozen settings. A bit more charitably, governance theory applied to prisons is not falsified by the examples he uses. Whether he has proven the usefulness of the theory, or its ability to…
-
•
What Drives Progress: The State or the Market?
“The idea of an entrepreneurial state as proposed by Mazzucato is a romantic one. It’s an idea that people can come together and through sheer will can make innovation happen. That some very smart people with fancy degrees and prestigious titles can steer society to an optimal location. The only problem with that is just…
-
•
Why Politics Breeds Divisive Fears and Angers
“Politics becomes a life and death struggle, a fight to the finish, since the winning side with the majority upper hand is able to impose and enforce its views and values on all in society. Only by limiting government to those few though essential functions can these tensions, angers, and divisions be reduced or even…