Daily Economy
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New and Improved Economics? Don’t Believe It
The New Yorker’s January 13th, 2020, issue features a full-page ad for Richard Robb’s new book, Willful. At the top of this ad we read in large, two-color print that “Willful is a breakthrough in economics,” and near the bottom is a blurb from Nobel-laureate economist James Heckman describing this book as “a provocative and…
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The Academic Voldemort Principle
It’s fundamentally a case of academic misconduct — of denying another due credit for their work, or preventing that work from even entering the conversation as you simultaneously attempt to rationalize confining your opponents to the territory of “he who shall not be named.”
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What If There Was No Legal Smoking Age?
Whether government-mandated or left in the hands of individuals, tobacco use will lead some to tragic consequences. Kids will get cigarettes either way, and adults will try and fail to stop.
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Joseph A. Schumpeter, Outsider Looking In
All of Joseph Schumpeter’s writings are “a splendid excursion down the river of time, with good talk and magnificent vistas” – and as such he remains, in many ways, one of those timeless and uniquely thought-provoking contributors to economics.
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Who Is the Real Alexander Hamilton?
What Hamilton did not do as treasury secretary is implement, or espouse, any system of protective tariffs or bounties.
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Eulogy for Neil Peart, Champion of Freedom
Having only retired about four years ago, so many fans of Rush (myself included) had convinced ourselves that this was a temporary hiatus, and that in a year or two – eventually, at any rate – there would be an announcement of a new album, a short tour, or some other project.
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Introducing The Harwood Reader
To form The Harwood Reader, we took Harwood’s own list of readings and put together what amounts to a Harwood-style education in economic theory, history, and policy. The result is spectacular in my view. Many of these readings are difficult to find, and they’ve never been put together in this way before.
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Boeing’s Regulators Diffused Responsibility
When government muddies the waters of responsibility for guaranteeing quality and safety, the result is a false confidence and the acceptance of unwarranted risks that make problems worse not better.
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2019 AIER Book Catalog
Our publishing program is part of an entire suite of services provided by AIER, as a supplement to our daily articles, our programs around the world, our local care for students and professors, and our daily media appearances. The ethos of it all is a principled commitment to good theory, integrity, liberality, and enthusiasm for…
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•
The Soviet Economy Was Not Growing; It Was Dying
Warren Nutter’s assessment was no abstraction, but rather the result of years of close study of the relationship between state policy and industrial concentration in the United States – the subject of his dissertation at the University of Chicago.
-
•
New and Improved Economics? Don’t Believe It
The New Yorker’s January 13th, 2020, issue features a full-page ad for Richard Robb’s new book, Willful. At the top of this ad we read in large, two-color print that “Willful is a breakthrough in economics,” and near the bottom is a blurb from Nobel-laureate economist James Heckman describing this book as “a provocative and…
-
•
The Academic Voldemort Principle
It’s fundamentally a case of academic misconduct — of denying another due credit for their work, or preventing that work from even entering the conversation as you simultaneously attempt to rationalize confining your opponents to the territory of “he who shall not be named.”
-
•
What If There Was No Legal Smoking Age?
Whether government-mandated or left in the hands of individuals, tobacco use will lead some to tragic consequences. Kids will get cigarettes either way, and adults will try and fail to stop.
-
•
Joseph A. Schumpeter, Outsider Looking In
All of Joseph Schumpeter’s writings are “a splendid excursion down the river of time, with good talk and magnificent vistas” – and as such he remains, in many ways, one of those timeless and uniquely thought-provoking contributors to economics.
-
•
Who Is the Real Alexander Hamilton?
What Hamilton did not do as treasury secretary is implement, or espouse, any system of protective tariffs or bounties.
-
•
Eulogy for Neil Peart, Champion of Freedom
Having only retired about four years ago, so many fans of Rush (myself included) had convinced ourselves that this was a temporary hiatus, and that in a year or two – eventually, at any rate – there would be an announcement of a new album, a short tour, or some other project.
-
•
Introducing The Harwood Reader
To form The Harwood Reader, we took Harwood’s own list of readings and put together what amounts to a Harwood-style education in economic theory, history, and policy. The result is spectacular in my view. Many of these readings are difficult to find, and they’ve never been put together in this way before.
-
•
Boeing’s Regulators Diffused Responsibility
When government muddies the waters of responsibility for guaranteeing quality and safety, the result is a false confidence and the acceptance of unwarranted risks that make problems worse not better.
-
•
2019 AIER Book Catalog
Our publishing program is part of an entire suite of services provided by AIER, as a supplement to our daily articles, our programs around the world, our local care for students and professors, and our daily media appearances. The ethos of it all is a principled commitment to good theory, integrity, liberality, and enthusiasm for…
-
•
The Soviet Economy Was Not Growing; It Was Dying
Warren Nutter’s assessment was no abstraction, but rather the result of years of close study of the relationship between state policy and industrial concentration in the United States – the subject of his dissertation at the University of Chicago.