Joakim Book

  • What Are the Nobel Journalists Doing?

    “I’m always surprised at the unbelievably poor quality of questions journalists pose to the newly minted laureates. The profession of the Fourth Estate is indeed in hopeless decline; nowhere is this as clear as in watching the econ Nobel be announced.” ~ Joakim Book

    What Are the Nobel Journalists Doing?
  • Security Theatre and Covering One’s Buttocks

    “People still believe the erroneous and absurdly exaggerated fears that our political and journalistic merchants of fear released a year-and-a-half ago. How long we’ll carry the mistakes of Covid is anybody’s guess, but we’ll play a lot of security theatre until then.” ~ Joakim Book

    Security Theatre and Covering One’s Buttocks
  • The “Fortune of the Commons”: Why Are There Still Blueberries in the Fields?

    “Sometimes the supposedly inevitable tragedy-of-the-commons can, with prosperity and economic growth, be turned on its head to become the Fortune of the Commons.” ~ Joakim Book

    The “Fortune of the Commons”: Why Are There Still Blueberries in the Fields?
  • Since Viking Times, the Nordics Have Been Different

    “Work hard; Endure hardship; Do what is right. That is the core of the Viking spirit, which Herman so elegantly traces through its millennia-long history: ‘about daring to reach for more than the universe had gifted you, no matter the odds and the obstacles.'” ~ Joakim Book

    Since Viking Times, the Nordics Have Been Different
  • That’s None of Your Business, Actually

    “For what purposes may societies condone the use of violent force? The answer is many fewer than most people presently believe. Because most things are simply none of the government’s business.” ~ Joakim Book

    That’s None of Your Business, Actually
  • When Grand Histories Go Wrong

    “Coggan embarked on an ambitious scheme to tell us about economic growth through the ages. In that he succeeds, but the account leaves much else to be desired.” ~ Joakim Book

    When Grand Histories Go Wrong
  • Markets Already Internalize Externalities

    “What’s so fascinating about this instance is that the economist corps already knows this: markets internalize externalities – by land value, by selection, by trade-off along other margins that matter to people.” ~ Joakim Book

    Markets Already Internalize Externalities
  • The Political History of Silver in America

    “The history of metals as monetary commodities is long, difficult, and highly contentious. With The Story of Silver, William Silber has earned his spot on that part of the library shelf.” ~ Joakim Book

    The Political History of Silver in America
  • The Five Transitions to Modernity

    “We don’t know what the future brings, but to have a clue about the past and the present, Vaclav Smil is an invaluable guide.” ~ Joakim Book

    The Five Transitions to Modernity
  • Monetary Institutions and Monetary Control: What the Fed Should and Shouldn’t Do

    “Professors Boettke, Salter, and Smith take aim at the root of monetary policy of our time; finding it deeply deficient, they recommend putting central banks under very strict rules. Bring on the fetters.” ~ Joakim Book

    Monetary Institutions and Monetary Control: What the Fed Should and Shouldn’t Do