Ethan Yang

Modern Monetary Theory is Playing With Fire

“Stephanie Kelton’s book is well-written and serves as an accessible insight into the world of Modern Monetary Theory. There are parts of the book that are essential pieces of economic knowledge that define the modern state, some that are questionable premises, and some that are blatant political talking points.” ~ Ethan Yang

money burning

Should Dr. Fauci Be the Economic Czar?

“Much like how the response to COVID-19 requires understanding and input from a variety of perspectives, the same goes for economic policy. Dr. Fauci and public health experts like him have more than a right to voice their opinions on the economy. Whether or not we should take them seriously is another question entirely.” ~ Ethan Yang

fauci white house

Don’t Close the Schools but Protect Teachers and Staff

“This issue should not be resolved with school closures. Rather schools should do the best they can to craft tailored responses that will allow them to stay open while ensuring vulnerable individuals are accommodated. Ultimately we must do the best we can to get society back on track to normalcy as the sacrifices that have characterized our response to COVID-19 have far outweighed the benefits.” ~ Ethan Yang

kids running

The Indispensability of Economics

“When we see the potential of freely interacting individuals, economic understanding becomes necessarily built on hope. Hope about innovation, mutual agreement, peace, and prosperity. When people are left to their own devices and the rulers of society are held accountable, this is what results.” ~ Ethan Yang

four pillars

The Epistemic Burden of Politics

“In the pursuit of a more perfect union and better decision-making, we should begin to contemplate the epistemic limits of government. To inquire into the limits of knowledge acquisition and understanding. To what extent can those at the individual, local, state, and federal level act with an adequate understanding of the consequences of their actions and the needs of those they govern?” ~ Ethan Yang

plato statue

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 justify what we may have to sacrifice is another question entirely.” ~ Ethan Yang

chairs up, school

Entrepreneurship and the Human Experience

“Economics should not be viewed as a clean and sterile science that seeks to chart the world with equations. Rather it should seek to understand the oftentimes chaotic and messy nature of the market driven by the grit and wit of entrepreneurs.” ~ Ethan Yang

Entrepreneurship and the Human Experience

Smash the COVID Orthodoxy

“In a time of industrial levels of draconian lockdown measures, of fear-mongering and politicization, a failure to speak out against the orthodoxy will only lead to more pain and suffering. Perhaps the status quo is the best way forward, but we will never know unless we have more voices in the conversation. When this is all over, history will remember those who were brave enough to speak out, insightful enough to weigh all the options, wise enough to consider the future, and most importantly those who stood for principle.” ~ Ethan Yang

sledgehammer smashing glass

The Inestimable Wisdom of Deirdre McCloskey

“Breaking down barriers not only institutionally but socially, allowing more and more people to strive for their potential is what started the engine of comprehensive economic growth. Economic and social freedom that rests not only in regulatory codes but in the hearts of men.” ~ Ethan Yang

historical impromptus mccloskey