Daily Economy
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Markets, Dignity, and Moral Responsibility: an Economist’s Response to Pope Leo XIV’s Dilexi Te
Even free market purists don’t think the invisible hand is the only one we can extend to the poorest among us.
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Prediction Markets and The Ethics of Betting on Bad News
Accurately predicting disaster is actually quite useful, and prediction markets reward people for operationalizing information others don’t yet have.
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Why Super Bowl Tickets Are Cheaper But Everyday Life Isn’t
Declines in Super Bowl resale prices may look like deflation, but lower luxury spending actually reflects tightening household budget constraints.
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Theocrats, Socialists, and the Totalitarian Impulse to Plan
Attempts to impose a specific moral order on complex societies require coercion. Whether religious or secular, power undermines liberty.
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Will Adam Smith’s ‘Impartial Spectator’ Soften Trump’s Hardest Foreign-Policy Edges?
Self-interest can often steer us toward the moral and praiseworthy. Will our leaders heed that higher call?
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Free Speech Is Under Attack Across the World
All over the world, people are being fined and jailed for criticizing governments and law enforcement. The future looks grim for dissenters.
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Certificate-of-Need Laws Still Fail Patients — Even After a Decade of Reform
Certificate-of-need laws were meant to lower costs. Instead, they’ve let existing providers block competition, reducing patients’ access to care.
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The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
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Warsh or Not, The Fed’s Next Chair Will Inherit Too Much Power
“Emergency” powers, half a trillion in daily liquidity, and ever-expanding authority create far too much discretion for one individual.
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Will Republicans Fall for Inflationary Populism?
There is no durable prosperity built on cheap money and political shortcuts, and no political upside to unleashing the next inflation spike.
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•
Markets, Dignity, and Moral Responsibility: an Economist’s Response to Pope Leo XIV’s Dilexi Te
Even free market purists don’t think the invisible hand is the only one we can extend to the poorest among us.
-
•
Prediction Markets and The Ethics of Betting on Bad News
Accurately predicting disaster is actually quite useful, and prediction markets reward people for operationalizing information others don’t yet have.
-
•
Why Super Bowl Tickets Are Cheaper But Everyday Life Isn’t
Declines in Super Bowl resale prices may look like deflation, but lower luxury spending actually reflects tightening household budget constraints.
-
•
Theocrats, Socialists, and the Totalitarian Impulse to Plan
Attempts to impose a specific moral order on complex societies require coercion. Whether religious or secular, power undermines liberty.
-
•
Will Adam Smith’s ‘Impartial Spectator’ Soften Trump’s Hardest Foreign-Policy Edges?
Self-interest can often steer us toward the moral and praiseworthy. Will our leaders heed that higher call?
-
•
Free Speech Is Under Attack Across the World
All over the world, people are being fined and jailed for criticizing governments and law enforcement. The future looks grim for dissenters.
-
•
Certificate-of-Need Laws Still Fail Patients — Even After a Decade of Reform
Certificate-of-need laws were meant to lower costs. Instead, they’ve let existing providers block competition, reducing patients’ access to care.
-
•
The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
-
•
Warsh or Not, The Fed’s Next Chair Will Inherit Too Much Power
“Emergency” powers, half a trillion in daily liquidity, and ever-expanding authority create far too much discretion for one individual.
-
•
Will Republicans Fall for Inflationary Populism?
There is no durable prosperity built on cheap money and political shortcuts, and no political upside to unleashing the next inflation spike.