Daily Economy
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The Essential Joseph Schumpeter: An Easy and Accessible Introduction to an Important and Complex Thinker
“Joseph Alois Schumpeter made enduring and important contributions that have stood and will continue to stand the test of time. The Essential Schumpeter is a useful introduction to the man and his ideas, and both the text and the accompanying videos will serve students, instructors, and interested lay people very well.” ~ Art Carden
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The Lockdowns Are Killing the Arts
“Governments declared arts to be nonessential, dispensable, abolishable. It’s the biggest attack on art and beauty possibly since the iconoclasm of the 16th century, when mobs sacked churches, tore out paintings, and melted candlesticks in bonfires. Back then the motivation was to purify the world of sin. Now we think we are purifying the world…
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The Dangers of Keeping the Schools Closed
“Medical experts who support school closures more generally clarify that they are a tool to be considered at the beginning of a pandemic, not seven months in. COVID-19 poses a far lesser risk to children for both death and infection. Closing schools will probably spare some schoolchildren from infection. Whether it will be enough to…
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David Goodhart’s Road to Somewhere
“Goodhart frequently emphasizes that the trends in opinion that he reports are not figments of his imagination, but real opinions held by real people. That much seems accurate, and as a description of British political beliefs, his book makes useful contributions. He has failed to show why the fact that some people are convinced by…
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Save America from Cancel Culture
“All possible effort must be made to resist and rationally respond to a “cancel culture” that would erase the history and memory of America from the minds of humankind.” ~ Richard M. Ebeling
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Who Is Making Decisions about Our Lives
“What reason is there to trust that These People who never look past the next election – and who always ignore consequences that are difficult to see if these consequences are spread over large numbers of individuals – are making a prudently considered trade-off between the lockdown’s costs and its benefits?” ~ Donald J. Boudreaux
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What Greta Thunberg Forgets About Climate Change
“Perhaps Greta’s message for politicians to listen to the scientists and take real action has hit home. In one sense, they are already well on the way to following her advice. They read chapter 10 of IPCC’s AR5 report, where they learned that climate change is important – but that other socioeconomic developments matter much…
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What Economists Can Teach Epidemiologists
“Hysterical, wildly off-the-mark forecasts about COVID-19 will ultimately cause more harm than good, and find their origins in the same set of snags which regularly trip up econometric forecasts. In the epidemiological version, instead of predicting a new Great Depression, they brought an artificial depression, a growing spate of coercive masking initiatives, school closures, and…
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Extend the Market, As Far as Possible
“Private enterprise and private governance pushed along by people seeking little more than their own advantages work remarkably well. If you want more evidence, look no further than the package on your doorstep.” ~ Art Carden
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When Will the Madness End?
“We’ve learned throughout this ordeal that despite our technology, our knowledge, our history of building prosperity and peace, we are no smarter than our ancestors and, by some measures, not as smart as our parents and grandparents. The experience with COVID has caused a mass reversion to the superstitions and panics that sporadically defined the…
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•
The Essential Joseph Schumpeter: An Easy and Accessible Introduction to an Important and Complex Thinker
“Joseph Alois Schumpeter made enduring and important contributions that have stood and will continue to stand the test of time. The Essential Schumpeter is a useful introduction to the man and his ideas, and both the text and the accompanying videos will serve students, instructors, and interested lay people very well.” ~ Art Carden
-
•
The Lockdowns Are Killing the Arts
“Governments declared arts to be nonessential, dispensable, abolishable. It’s the biggest attack on art and beauty possibly since the iconoclasm of the 16th century, when mobs sacked churches, tore out paintings, and melted candlesticks in bonfires. Back then the motivation was to purify the world of sin. Now we think we are purifying the world…
-
•
The Dangers of Keeping the Schools Closed
“Medical experts who support school closures more generally clarify that they are a tool to be considered at the beginning of a pandemic, not seven months in. COVID-19 poses a far lesser risk to children for both death and infection. Closing schools will probably spare some schoolchildren from infection. Whether it will be enough to…
-
•
David Goodhart’s Road to Somewhere
“Goodhart frequently emphasizes that the trends in opinion that he reports are not figments of his imagination, but real opinions held by real people. That much seems accurate, and as a description of British political beliefs, his book makes useful contributions. He has failed to show why the fact that some people are convinced by…
-
•
Save America from Cancel Culture
“All possible effort must be made to resist and rationally respond to a “cancel culture” that would erase the history and memory of America from the minds of humankind.” ~ Richard M. Ebeling
-
•
Who Is Making Decisions about Our Lives
“What reason is there to trust that These People who never look past the next election – and who always ignore consequences that are difficult to see if these consequences are spread over large numbers of individuals – are making a prudently considered trade-off between the lockdown’s costs and its benefits?” ~ Donald J. Boudreaux
-
•
What Greta Thunberg Forgets About Climate Change
“Perhaps Greta’s message for politicians to listen to the scientists and take real action has hit home. In one sense, they are already well on the way to following her advice. They read chapter 10 of IPCC’s AR5 report, where they learned that climate change is important – but that other socioeconomic developments matter much…
-
•
What Economists Can Teach Epidemiologists
“Hysterical, wildly off-the-mark forecasts about COVID-19 will ultimately cause more harm than good, and find their origins in the same set of snags which regularly trip up econometric forecasts. In the epidemiological version, instead of predicting a new Great Depression, they brought an artificial depression, a growing spate of coercive masking initiatives, school closures, and…
-
•
Extend the Market, As Far as Possible
“Private enterprise and private governance pushed along by people seeking little more than their own advantages work remarkably well. If you want more evidence, look no further than the package on your doorstep.” ~ Art Carden
-
•
When Will the Madness End?
“We’ve learned throughout this ordeal that despite our technology, our knowledge, our history of building prosperity and peace, we are no smarter than our ancestors and, by some measures, not as smart as our parents and grandparents. The experience with COVID has caused a mass reversion to the superstitions and panics that sporadically defined the…