Economic Education
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The Obsession with Funders
“Science can, and does, go wrong. It’s our job to spot its errors, point them out and fix them. Not yap on irrelevantly about where the money came from.” ~ Joakim Book
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The Devastating Economic Impact of Covid-19 Shutdowns
“U.S. states with brief or no lockdown measures (e.g. South Dakota and Nebraska) experienced the smallest degrees of economic damage. And predictably, in industries that are most sensitive to lockdown – small firms generally, where most job creation takes place; service industries, which now dominate the US economy; and more broadly any company with jobs…
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Professor Sunetra Gupta on the Perils of Disease Modelling
What’s extraordinary to consider is how the principles she presents here apply equally to economics, sociology, history, and political theory. Gupta writes here like the F.A. Hayek of epidemiology. But the topic of the day is public health and here are her extraordinary observations, ending in a grave warning.
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With Facebook, Antitrust Officials Advertise Astonishing Ignorance
“If Facebook is to remain dominant and relevant, readers can rest assured that it will remain on top precisely because Instagram will eventually be yesterday’s news within Facebook; the photo and video-sharing juggernaut of the moment eclipsed by business lines or apps that market participants are presently dismissive of, undervaluing, or both.” ~ John Tamny
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Woke Financial Crisis Part Deux
“Ideologues can claim that mathematics is merely a human construct but there really is a real world out there. It has bitten us in the keister before and appears poised to do so again, just for ignoring it. Maybe we should all wake up.” ~ Robert E. Wright
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The Great Barrington Declaration and Its Critics
“The writers of the Great Barrington Declaration expressly recognize both sides of the equation and seek to minimize coronavirus deaths among the vulnerable and suffering inflicted upon the nonvulnerable. It should be obvious which is the better approach.” ~ Jenin Younes
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Why is the United States Trying to Shut Down Huawei?
“Really, where did conservatives and/or Republicans ever get the idea that we’re improved the more that our politicians weaken our competitors? And since national security is regularly bruited as the excuse for nascent protectionism, where did they ever get the idea that the latter would make us safer in a foreign policy sense?” ~ John…
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End this Recession Now!
“The remedy for this self-imposed economic harakiri, this desperate and destructive attempt at self-harm that is governments’ pandemic response, is exactly that: end it. Abolish. Abandon. Cease and desist. Have governments get out of the way and individuals make choices of their own, choices adjusted to their own risks and risk tolerance – not a…
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Voters’ Incentives and Terrible Public Policy
“In about a month, Americans will elect a new President and a new Congress. In our ideal world, they would do so by very carefully weighing the costs and benefits of different policies and choosing the combinations that they reasonably believe to be in everyone’s best interests. In the world we inhabit, though, they will…
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If I Ruled the World: A Dangerous Dream
“A nice fantasy for a daydreamer, but a dangerous plan in the hands of those presumptuous and arrogant enough to think that they could and should have the power to remake the world in which we all live.” ~ Richard M. Ebeling
-
•
The Obsession with Funders
“Science can, and does, go wrong. It’s our job to spot its errors, point them out and fix them. Not yap on irrelevantly about where the money came from.” ~ Joakim Book
-
•
The Devastating Economic Impact of Covid-19 Shutdowns
“U.S. states with brief or no lockdown measures (e.g. South Dakota and Nebraska) experienced the smallest degrees of economic damage. And predictably, in industries that are most sensitive to lockdown – small firms generally, where most job creation takes place; service industries, which now dominate the US economy; and more broadly any company with jobs…
-
•
Professor Sunetra Gupta on the Perils of Disease Modelling
What’s extraordinary to consider is how the principles she presents here apply equally to economics, sociology, history, and political theory. Gupta writes here like the F.A. Hayek of epidemiology. But the topic of the day is public health and here are her extraordinary observations, ending in a grave warning.
-
•
With Facebook, Antitrust Officials Advertise Astonishing Ignorance
“If Facebook is to remain dominant and relevant, readers can rest assured that it will remain on top precisely because Instagram will eventually be yesterday’s news within Facebook; the photo and video-sharing juggernaut of the moment eclipsed by business lines or apps that market participants are presently dismissive of, undervaluing, or both.” ~ John Tamny
-
•
Woke Financial Crisis Part Deux
“Ideologues can claim that mathematics is merely a human construct but there really is a real world out there. It has bitten us in the keister before and appears poised to do so again, just for ignoring it. Maybe we should all wake up.” ~ Robert E. Wright
-
•
The Great Barrington Declaration and Its Critics
“The writers of the Great Barrington Declaration expressly recognize both sides of the equation and seek to minimize coronavirus deaths among the vulnerable and suffering inflicted upon the nonvulnerable. It should be obvious which is the better approach.” ~ Jenin Younes
-
•
Why is the United States Trying to Shut Down Huawei?
“Really, where did conservatives and/or Republicans ever get the idea that we’re improved the more that our politicians weaken our competitors? And since national security is regularly bruited as the excuse for nascent protectionism, where did they ever get the idea that the latter would make us safer in a foreign policy sense?” ~ John…
-
•
End this Recession Now!
“The remedy for this self-imposed economic harakiri, this desperate and destructive attempt at self-harm that is governments’ pandemic response, is exactly that: end it. Abolish. Abandon. Cease and desist. Have governments get out of the way and individuals make choices of their own, choices adjusted to their own risks and risk tolerance – not a…
-
•
Voters’ Incentives and Terrible Public Policy
“In about a month, Americans will elect a new President and a new Congress. In our ideal world, they would do so by very carefully weighing the costs and benefits of different policies and choosing the combinations that they reasonably believe to be in everyone’s best interests. In the world we inhabit, though, they will…
-
•
If I Ruled the World: A Dangerous Dream
“A nice fantasy for a daydreamer, but a dangerous plan in the hands of those presumptuous and arrogant enough to think that they could and should have the power to remake the world in which we all live.” ~ Richard M. Ebeling