Daily Economy
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Job Openings Decline in December, Continuing Downward Trend
Private-sector job openings have fallen recently hinting at some marginal easing of labor pressures.
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Trump Cutting the Budget? Don’t Believe It
It’s like being on a diet and claiming progress because you’re gaining two pounds each month rather than five pounds.
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Are There No Alternatives to Labor Unions?
Do worker-owned labor corporations not exist because they are economically unnecessary or because they have yet to be tried, perhaps due to the long fixation on labor unions?
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The Case for Retracting Matthew Desmond’s 1619 Project Essay
Since the outset of the 1619 Project controversy, I have consistently argued that the overwhelming majority of the project’s problems derive from a single featured essay: Matthew Desmond’s piece on capitalism and slavery. This essay advances an explicit anti-capitalist political message that’s rooted in a fundamental misreading of economic history. Although he repurposes the concept…
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Neoliberalism and Intellectual Turing Tests
Is neoliberalism libertarianism? Is it a form of market-oriented technocracy? Is it a form of elitist ideology favorable to markets? Is it a justification for a rent-seeking elite? It’s unclear exactly what it is.
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How the Coase Theorem Solves the Problem of Wolves
Making it possible to imagine creative ways to compensate the losers in policy initiatives can make policies more effective, more fair, and more politically viable.
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Free Trade Straw Men
Few groups of policy pundits boast as many straw men slayers as does that of protectionists. Indeed, protectionists likely hold several world records for the number and variety of straw men whom they mow down and the frequency with which they perform this mowing.
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The New Totalitarians
Like their Marxian and Nazi forbearers, these new totalitarians look at the world with a fanatical self-righteousness that they have the clear and correct vision of the “true” bases of society’s ills and the only answer for its healing.
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Say’s Law versus Keynesian Economics
There’s no more important principle in political economy to get right – and avoid getting wrong – than Say’s Law.
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Can the Coronavirus End the Trade War?
China’s decision to lower the tariffs it earlier imposed on U.S. goods, largely in response to Trump administration tariffs aimed at China, will help refill shelves for Chinese consumers and assist producers as they struggle to regain footing.
-
•
Job Openings Decline in December, Continuing Downward Trend
Private-sector job openings have fallen recently hinting at some marginal easing of labor pressures.
-
•
Trump Cutting the Budget? Don’t Believe It
It’s like being on a diet and claiming progress because you’re gaining two pounds each month rather than five pounds.
-
•
Are There No Alternatives to Labor Unions?
Do worker-owned labor corporations not exist because they are economically unnecessary or because they have yet to be tried, perhaps due to the long fixation on labor unions?
-
•
The Case for Retracting Matthew Desmond’s 1619 Project Essay
Since the outset of the 1619 Project controversy, I have consistently argued that the overwhelming majority of the project’s problems derive from a single featured essay: Matthew Desmond’s piece on capitalism and slavery. This essay advances an explicit anti-capitalist political message that’s rooted in a fundamental misreading of economic history. Although he repurposes the concept…
-
•
Neoliberalism and Intellectual Turing Tests
Is neoliberalism libertarianism? Is it a form of market-oriented technocracy? Is it a form of elitist ideology favorable to markets? Is it a justification for a rent-seeking elite? It’s unclear exactly what it is.
-
•
How the Coase Theorem Solves the Problem of Wolves
Making it possible to imagine creative ways to compensate the losers in policy initiatives can make policies more effective, more fair, and more politically viable.
-
•
Free Trade Straw Men
Few groups of policy pundits boast as many straw men slayers as does that of protectionists. Indeed, protectionists likely hold several world records for the number and variety of straw men whom they mow down and the frequency with which they perform this mowing.
-
•
The New Totalitarians
Like their Marxian and Nazi forbearers, these new totalitarians look at the world with a fanatical self-righteousness that they have the clear and correct vision of the “true” bases of society’s ills and the only answer for its healing.
-
•
Say’s Law versus Keynesian Economics
There’s no more important principle in political economy to get right – and avoid getting wrong – than Say’s Law.
-
•
Can the Coronavirus End the Trade War?
China’s decision to lower the tariffs it earlier imposed on U.S. goods, largely in response to Trump administration tariffs aimed at China, will help refill shelves for Chinese consumers and assist producers as they struggle to regain footing.