Vincent Geloso

The invocation of the Gilded Age like a cheap political talking point is bad economics and bad economic history.

Strong and rigorous empirical methodologies are desirable. This year’s laureates make this abundantly clear. The next step is to apply them to the biggest and broadest questions possible.

Opposition to immigration takes many forms. Most of these forms are easily tackled empirically and are found to be wanting.

"Precisely because those topics are important that we need to be cautious, not rush in headfirst and add extra layers of government policies." ~ Vincent Geloso

The story of Moby Dick warns us of the unforeseen consequences of government intervention and point to the potency of market forces in terms of protecting the environment.

<p>Once freed from the mischaracterizations of economic theory that the new historians of capitalism have imported from Karl Polanyi, it is easy to see the foolishness of their endeavors.</p>

<p><span id="docs-internal-guid-1a115f66-7fff-b0aa-7e09-54f654feafd2">Why believe that the state can pick the right immigrants but not the right industries to subsidize?  </span></p>

<p><span id="docs-internal-guid-f4558483-7fff-4a5a-d34e-062cec0aade0">Most of the tragedies – such as the Franklin expedition – were </span>publicly funded. </p>

<p><span id="docs-internal-guid-8fa2f2bf-7fff-c7a3-f5f8-dae56109dfc4">The tree cover of the planet is increasing, thanks mostly to increased efficiencies in food production. </span></p>

<p>A close and careful look at the empirical record reveals that one cannot infer that America was made richer from slavery. It is even clear that America was made poorer by slavery.</p>