For all our progress, it is important to remember that critics and regulators have still won a lot of battles. They could win more.
If markets are so great, why do we have business cycles?
In his 2018 book Stubborn Attachments, Tyler Cowen defends a thesis that is likely to be as unpopular as it is misunderstood: over the long run, differences in growth rates […]
Some time ago, I resigned myself to the fact that economists are the wet blankets of the world. We can ruin almost any proposal and almost any situation with just […]
For Becker (and so many after him), economics wasn’t just about stock markets, exchange rates, and the money supply.
With Black Friday upon us, here’s something important to remember: you’re not “helping the economy” by spending intemperately and making imprudent impulse purchases. You’re just… spending intemperately and being imprudent. […]
“What do you need?” “Undershirts.” I was in a hotel gift shop and not optimistic. “Right this way.” I was surprised. I guess they have undershirts after all, I thought. […]
I just ate a delicious sandwich. It was called the blue river brisket, and it had brisket, cheddar cheese, bacon, purple slaw, garlic mayo, and barbecue sauce heated and served […]
Education reform is a perennial hot-button issue, with teachers’ unions like the American Federation of Teachers and the National Education Association spending vast sums to elect their preferred candidates and […]
The status quo is moral and economic madness: at the very least, immigration restrictions should be dramatically reduced.