A Praxeology of Productivity: Messy Humans, Not Machines, Run the Economy

Productivity depends not just on systems and incentives, but on human action, aspirations, and judgment.

A Praxeology of Productivity: Messy Humans, Not Machines, Run the Economy

Milei’s Argentina: Between Liberation and the Institutional Trap

As the human face of shock therapy, Javier Milei faces a difficult path attempting to reform a state long dominated by entrenched interests.

Milei’s Argentina: Between Liberation and the Institutional Trap

India’s Aviation Meltdown Reveals Hazards of Command-and-Control

Concentrated markets and micromanaging regulators can turn a policy change into systemic failure. Rules matter, but the cost is resilience.

India’s Aviation Meltdown Reveals Hazards of Command-and-Control

Anthropic vs. The Pentagon: AI Ethics Collide With Government Power

Can the Pentagon blacklist an American business for refusing to build killbots? The federal government demands tight controls for you, but wants unrestricted power for itself.

Anthropic vs. The Pentagon: AI Ethics Collide With Government Power

Worries Spread in Private Credit Markets

Risk migrated outside traditional banks, but insolvencies and widening credit spreads are raising questions about leverage and liquidity strain system-wide.

Worries Spread in Private Credit Markets

The Economics of Zoning, Explained

What are zoning laws, how do they work, and what are their economic effects?

The Economics of Zoning, Explained

The Student Loan Reckoning Has Arrived

Pandemic forbearance and reporting “on-ramps” masked mounting strain, but loans are now coming due, and serious delinquencies are rising.

The Student Loan Reckoning Has Arrived

Why Do Investors Keep Buying Century Bonds?

Investors buying 100-year bonds are making a bold wager on inflation, monetary policy, and financial stability.

Why Do Investors Keep Buying Century Bonds?

The Elevator Problem: How Rent-Seeking and Regulation Make Modern Life Unaffordable

If we want affordable, accessible, mid-rise construction, we need more elevators. Why are we building so few of them?

The Elevator Problem: How Rent-Seeking and Regulation Make Modern Life Unaffordable

Nuclear Power Needs Realism, Freedom 

Decades of subsidies, regulation, and unmet promises have left nuclear power costly and uncompetitive.

Nuclear Power Needs Realism, Freedom 

General Institutional Considerations of Blockchain and Emerging Applications

PC Earle, DM Waugh. The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023

Decentralized Marketplaces with Privately Enforced Contracts: A Case Study of OpenBazaar.

PC Earle, M Gulker, EP Stringham. Journal of Private Enterprise 37 (4), 2022

The calculus of dissent: Bias and diversity in FOMC projections

TL Hogan. Public Choice 191 (1-2), 105-135, 2022

Framing affordable housing: an experimental test of changing attitudes

M Matheis, J Sorens. Housing Studies, 1-17, 2022

Gordon Tullock and the Economics of Slavery

P Magness, A Carden, I Murtazashvili. Available at SSRN 4318585, 2023

Situating Southern Influences in James M. Buchanan and Modern Public Choice Economics

A Carden, V Geloso, PW Magness. Standard of Living: Essays on Economics, History, and Religion in Honor of …, 2022

How pronounced is the U-curve? Revisiting income inequality in the United States, 1917–60

VJ Geloso, P Magness, J Moore, P Schlosser. The Economic Journal 132 (647), 2366-2391, 2022