2024–2026
1,425 posts
2026 108
October 2026
- The Fusion of Commercial Civilization
- The Invisible Shackle: How Bureaucracy Stifles the Economy and Constrains Our Freedom
- Sam’s Links: September Edition
- Lives Wasted and Well-Lived: David Wolpe on The Death of Ivan Ilyich
- The Liberty Fund Prize for Advancing Economic Liberty Presented by The Neal and Jane Freeman Foundation
- A Nobel for Microfoundations
- The Great Fertility Collapse (with Jesus Fernandez-Villaverde)
- Debt and Profit
- Addiction, Faith, and the Limits of Willpower (with Meghan O’Gieblyn)
- Prices as a Map for Minds That Can’t Know Everything
September 2026
- Public Choice and Politics Without Romance (with Mike Munger)
- The Constitution of Liberty in the Era of AI
- The Cultural Theory of YIMBY
- Put It in Your Own Backyard
- AI and the Luddites
- The Economist Who Forgot Economics
- The NIMBY Prisoner’s Dilemma
August 2026
- Sam’s Links: August Edition
- The Cost of Conspiracy
- Atlas Shrugged and Interventionism
- Dump Trucks, AI, and Unemployment
- Action Figures and the Balance of Payments
- You Cannot Outsource Life: Severance and Wild Problems
- Human Flourishing and Marginal Utility
- Trade and Employment
July 2026
- Sam’s Links: July Edition
- America the Market
- A Tribute to Mark C. Schug’s Career in Economic Education
- What if Canada Did an IPO?
- Taxation Without Representation: An Enduring American Grievance?
- The High Cost of Just Cause
- A World Cup Final Through Austrian Eyes
- War: The Dreaded Enemy of Liberty
- A Brief History of Strategic Tariffs in the U.S.
- The Cost of the American Revolution
- A Mutual Sympathy of Sentiments
- Freddy the World Cup Tourist and Tocqueville’s Hopes for America
- 1776 and All That: Thomas Jefferson on Adam Smith
June 2026
- 1776 in the US and Latin America
- Sam’s Links: June Edition
- Bureaucratic Information Gathering
- Cutsinger’s Solution: Veggies and Noodles
- Remembering Gordon Wood, 1933–2026
- Fiscal Dominance and the Politicization of Money
- Churchill, Keynes, and the General Strike at 100
- Market Failure and the Market Process
- Social Constructs and Spontaneous Order
- Commerce and Warehouse Clubs
- EconLog Price Theory: Veggies or Noodles?
May 2026
- Sam’s Links: May Edition
- The Bank Doesn’t Own Your House (Neither Does the Government)
- Would Hasan Piker Steal A Car?
- Development by Consent
- Algorithmic Management, Monitoring, and Control: Worker Classification in the Digital Age
- Asymmetric Accountability
- AI and Comparative Advantage
- The “Trade Deficit” is a Misnomer
- A Fairness Trilemma in Hiring
- Is Economics Finally Becoming Trustworthy?
- Markets and Reputations vs Shenanigans
April 2026
- Sam’s Links: April Edition
- Making Money…Less Useful?
- AI vs the Rent Seekers
- Policy Dominance in Argentina
- Tech Troubleshooting in Space
- Of Course We’re Still Reading Wealth of Nations at Econlib
- The Nations in Wealth of Nations
- Wealth of Nations’ Full Title
- “Very difficult, perhaps altogether impossible”: Smith’s political science at Econlib
- Adam Smith on Slavery
- Adam Smith and Reciprocal Tariffs
- Political Economy as Moral Philosophy at Econlib
March 2026
- Cutsinger’s Solution: Housing Quantity and Price
- The Wealth of Nations: A Classic of English Literature
- Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3 at Econlib
- Adam Smith on the Labor Theory of Value
- Bargaining with the Butcher, Baker, and Brewer: A New Look at Smith’s Most Famous Sentences
- Wealth of Nations, Book 2: Prudence, Competition, and Party Walls at Econlib
- The Sacrifice Ratio Puzzle
- Why Does the Division of Labor Matter?
- Innovation and Governance in Book 1 of Wealth of Nations at Econlib
- Happy Birthday, Wealth of Nations
- EconLog Price Theory: Housing Quantity and Price
- Don’t Reason from a Quantity Change, Either
- Federal Reserve Revenue: Cutsinger’s Solution
February 2026
- Sam’s Links: February Edition
- Trade, Tariffs, and Trust at Econlib
- The Major Tariffs Question at Econlib
- Friedman on Immigration: Setting the Record Straight
- AI, Technology, and Work
- Learning the Bitter Lesson in 2026
- Show You Care (with Econ)
- Will Commodity Sports Last?
- The US is a Small Country
- EconLog Price Theory: Federal Reserve Revenue
January 2026
- Sam’s Links: January Edition
- Cutsinger’s Solution: The Price of Education
- The Warmth of Cooperation
- The Deportation Labor Shock
- Marginal Returns of Regulation
- Everyone Take Copies
- What is Competition?
- AI and the Art of Judgment
- Avoiding the Resource Trap in Post-Maduro Venezuela
- EconLog Price Theory: The Price of Education
- Wading into Controversy
- Accounting vs. Economic Profit
- Cuba After Communism
2025 569
December 2025
- Cutsinger’s Solution: Inflation and Healthcare
- Peace on Earth, Goodwill Towards Refs
- Silver and Gold
- The Fast Fashion Dilemma
- Diving into Tariffs at Liberty Fund Today
- No Manufacturing Jolt from Tariffs
- Sam’s Links: Holiday Edition
- EconLog Price Theory: Inflation and Healthcare
- Housing: Supply vs. Quantity
- Increasing Housing Supply
- Barriers to Affordable Housing
November 2025
- Happy Thanksgiving
- Tariffs vs. Quotas
- Separating Some Terms
- Tit-for-Tat in Politics
- Strong Claims Need Strong Evidence
- Pricing Plumbing: Cutsinger’s Solution
- Applaud All Market-Made Millions
- Introducing: Sam’s Links
- Why Liberalism
October 2025
- Trust Government Statistics, Not Government
- It Should Pay to be Super
- Adam Smith Would Not Approve: The Evidence
- EconLog Price Theory: Pricing Plumbing
- Don’t Mistake a Miracle for Its Cause
- Profits are Social Authentication
- On Fair Prices
- Straight Whiskey and Dirty Politics
- Let Them Eat Steak: Cutsinger’s Solution
- Free Trade and Dynamic Efficiency
- An Intuition Test
- 2025 Nobel: Growth Through Technology and Culture
- When Godzilla Breaks Windows
- Is The Housing Affordability Crisis an Illusion?
- Understanding Theory: Labor Market Edition
- Digital ID in the Cradle of Liberty (My Last EconLog Post)
- The Missing Rules
- Letting Markets Work: Urban Planning
- Good News on Income
September 2025
- What Is A Value Added Tax?
- Evaluating We Have Never Been Woke , Part 3: Economics
- Ideas Have Consequences: Law & Economics Edition
- EconLog Price Theory: Let Them Eat Steak
- In (Sort of) Defense of (Something Like) Property Taxes
- The Liberal 19th Century
- The Social Benefits of Iconoclasts
- Evaluating We Have Never Been Woke Part 2: Bootleggers and Baptists
- AI Won’t Kill Work – It Will Reinvent It
- The Virtue of Dissent and Conversation
- Changing Opinions on America
- The Problem with Government-Run Grocery Stores
- Preference Falsification, Marginal Cost, and Cancel Culture
- The Measurement is Not the Thing
- The Anthropic Settlement: A $1.5 Billion Precedent for AI and Copyright
- Bicycles Before Business
- Evaluating We Have Never Been Woke , Part 1: Elite Overproduction
- Good Foundations
- Incentives Matter, Math History Edition
- Rethinking Triffin: The Fiscal Dimension of the Dollar Dilemma
- The State Power to Discriminate
- The Costs and Choices of Kiki’s Delivery Service
- A Substantive Reply on Tariffs
- A Blessing and a Curse
- Lower Trade Deficits and More Foreign Investment?
- We Have Never Been Woke , Part 10: Should We Be Woke?
- The Prevalence of Preference Falsification
- Unfairly Traded Steel
- The Central Planning Arms Race
- End the Fed?
- Economics Problems of Grocery Delivery
- The Political Economy of Cruelty: Some Elements
August 2025
- We Have Never Been Woke , Part 9: Why Have Elites Never Been Woke?
- What Would Success Look Like?
- Fiscal Dominance Brings Financial Repression
- Milei’s Message for Economists
- We Have Never Been Woke Part 8: Totemic Capital and Consecrated Elites
- A Collectivist Judge Is a Contradiction in Terms
- Will the Fed Lowering Rates Reduce Government Borrowing Costs?
- My Final EconLog Post
- Farewell to EconLog
- My Weekly Reading and Viewing for August 24, 2025
- When the Big Apple Went Bust: Bankruptcy and Austerity in New York, 1975
- “They” not “It”: Understanding Group Behavior Through Methodological Individualism
- Make Drug Approval Easier
- Meanwhile, in Mexico
- We Have Never Been Woke Part 7: Victimhood Culture
- Useful Counterfactuals on Trade
- A Serious Look at Interest Rates
- Freedom as a Loophole
- Fentanyl Elasticity: Cutsinger’s Solution
- My Weekly Reading and Viewing for August 17, 2025
- Not in my back pocket (NIMBP)
- Fascinating Interview of Anne Krueger
- We Have Never Been Woke Part 6: Consequences of Awokenings
- Evaluating the US-Japan Trade Deal on Mercantilist Terms
- Two Economic Ideas That are True and Nontrivial
- Today’s Convergence of Political Systems
- We Have Never Been Woke Part 5: The Cause of Awokenings
- Stable/Genius: Stablecoins and Free Banking
- Federalism and Housing Policy
- The Future of Art with AI
- My Weekly Reading for August 10, 2025
- Interesting Facts About the Cocoa Market
- Jagdish Bhagwati on Protectionism
- Constitutional Tradeoffs
- Laffer Curve in the United Kingdom?
- We Have Never Been Woke Part 4: Why Are Symbolic Capitalists Woke?
- Equality Before the Law, Equality of Permission, and the Language of Libertarianism
- Who Got the Biggest Percentage Tax Cuts?
- Accounting Identities and Economic Theories
- We Have Never Been Woke Part 3: Symbolic Capital and Symbolic Capitalists
- Sorts of Deals
- Magical Thinking
- My Weekly Reading for August 3, 2025
- Diocletian, the Roman Empire, and Forever Failing Price Controls
July 2025
- We Have Never Been Woke Part 2: Of “We” and “Wokeness”
- Joshua Rauh on Federal Spending, Tax Revenue, Economic Growth, and Deficits
- Eminent Domain and the Problem of Government
- We Must Stop Saying “Must”
- EconLog Price Theory: Fentanyl
- Introducing We Have Never Been Woke
- A Nonexistent Quote About Free Trade
- My Weekly Reading for July 27, 2025
- Price Controls on Oranges
- Home Economics
- Untenable Tenant Anger
- It Can’t Be A Coincidence!
- Does the public favor rent control?
- The REAL Land of Cockaigne
- Be Glad It Isn’t Free
- The Effect of Price Controls on Oranges on the Price of Orange Juice
- Can a Constitution Limit the State?
- My Weekly Reading for July 20, 2025
- The Protective Effect of a Tariff
- It’s Time to Think About the Big Picture Again
- Selective Coincidences
- GDP and Living Standards
- Interest Rate Cuts and Federal Reserve Independence
- Dixie Cups, CAFE Standards, and Numeracy
- The alternative to rage bait
- “Trade War” as a Contradiction in Terms
- Tariffs Foreshadow a VAT?
- Discrepancy Does Not Imply Discrimination
- Minimum Wage Misery
- My Weekly Reading for July 13, 2025
- The Economics of Rage Bait
- The Law and Economics: Against Siloing
- Just a Coincidence?
- Identities and Causation
- British Industrial Policy: This Time Is Different
- An Econ 101 Error
- My Weekly Reading and Viewing for July 6, 2025
- DOGE Was Always Doomed
- Bryan Caplan on Antitrust
- Jeff Hummel on the American Revolution
- Transaction Costs and the Law
- Cash Transfers: Cutsinger’s Solution
- The Marriage of Jeff Bezos in Venice
- Defying the Data: Standard of Living Edition
- Which Class Are You In?
June 2025
- Fascism, the Right, and the Left
- My Weekly Reading for June 29, 2025
- Two Housing Crashes
- Missing the Mark: When Punishment Reinforces the Wrong Behavior
- The Importance of Foreign Literature
- Voice, Exit, and Cheerleaders
- Cochrane on Monetary Policy
- Highlights of Don Boudreaux Talk: Championing Free Trade in an Age of Economic Nationalism
- Kelo at 20 Years: How to Regulate the Regulators?
- Law and Policy
- Are Immigrants Self-Deporting?
- Companies Don’t Need Regulation to Cut Back on “Excessive Packaging”
- Military Action and Linguistic Shortcuts
- My Weekly Reading for June 22, 2025
- Small Government in Somalia
- Thoughts from Crushing Capitalism
- You Cannot Have it Both Ways
- The Resilient American Dream
- Adam Smith, George Orwell, and Rules for Writing
- Getting “Screwed” on Trade?
- June is Liberty Month
- Political Violence in Minnesota and Elsewhere
- Basic Public-Choice Analysis of Attacking Iran
- Teaching College Students About Money & Cryptocurrency
- Lessons from Chinese History
- Gates, Giving, and Government
- The “Big Beautiful Bill” and the Wisdom of Friedman
- A Pointless Vaccine Purge
- Mission Accomplished?
- My Weekly Reading for June 15, 2025
- Back to the Seventeenth Century
- Seigniorage
- The Marvels of a Flight
- The Me Decade
- Lines, Legalism, Limits, and Likeness
- The Math Ain’t Mathing: Why High Tariff Schemes Will Always Lower GDP
- The Curious Task
- Borrow Billions for Babies?
- EconLog Price Theory: Cash Transfers
- Prime Mammals and the Limit of Limits
- Thoughts for Your Penny
- Contradictions in “Our National Resources”
- A Terrible Track Record on Trade Negotiations
- The Demise of the Penny?
- Housing Restrictions Hit Harder Than Tariffs
- My Weekly Reading for June 8, 2025
- Speak Now or Forever Hold Your Peace
- Poor Elon Musk!
- Immortality: The Meaning of Buchanan’s Life
- On Models
- Adam Smith’s Economic Case Against Imperialism
- Further Thoughts on Trade Balances
- Your Seat Room Exceeds Your Allowable Freedom
- Who Runs the Country? Nobody
- More Hidden Costs of Tariffs
- How a Lawsuit Against Realtors Went Sideways
- Does Poverty Cause Homelessness?
- TACO vs. the Game-Theoretic Art of the Deal
- Wrapping up Fewer Rules, Better People
- The Market Isn’t a Tool
- My Weekly Reading for June 1, 2025
- Everyone Has Their Reasons
May 2025
- The Free Market Is Not a Tool for Politicos
- Who Bears the Burden of Tariffs?
- Life is Made of Trade
- Ninety Years Ago
- Why Must Americans Pay Tariffs?
- Marina von Neumann Whitman, RIP
- Fewer Rules, Better People : Where Lam Falls Short
- The Problem with Pessimism
- Politicians in Black Robes
- If Mississippi Became a Sovereign Country
- A Little Price Theory Goes a Long Way
- Politics and Economics in Africa
- My Weekly Reading for May 25, 2025
- The Ethics of Inequality
- Joe Weisenthal on Jobs and Migration
- Murphy on Economic Philosophy
- Fewer Rules, Better People : What Lam Gets Right
- America is a Manufacturing Powerhouse
- Tariffs as Part of An Optimal Tax System
- Limits on Self-Ownership?
- The Problem of Extreme Cases
- Fewer Rules, Better People : How To Expand Discretion
- California’s Decline, and Slight Rebound, in Press Freedom
- The Middle Income Trap
- Two More Examples of the Nationalist’s Dilemma
- Contradictions Can Be Revealing: A Current Example
- My Weekly Reading for May 18, 2025
- Cardwell’s Cage and How to Break Free
- Stablecoins and Monetary Policy
- How Tariffs Built the World’s Worst Car that Only the Rich Could Have
- Fewer Rules, Better People : Lam on Legalism’s Moral Cost
- The Key Difference between Rent Control and Gasoline Price Controls
- More Fronts in the War on Prices
- The Importance of Theory: Trade, Jobs, and Wages
- Mind Your Own Damn Business!
- Sell the Gold
- Is the cure worse than the disease?
- The Firm: Disco Corp. and Ronald Coase
- Fewer Rules, Better People: Discretion and Dispersed Information
- Never Reason from a Population Change
- Why I love Imperfect Competition
- A UK Tariff Scorecard: We Lost
- They Didn’t Take Our Jobs
- Escalation dominance?
- My Weekly Reading for May 11, 2025
- Are Constitutionalism and the Rule of Law Dying?
- Caplan’s Experience of Mainstream Economists and My Students’ Surprise
- The Fed needs a “Strong” leader.
- They Took Our Jobs!
- Some Hidden Costs of Tariffs
- Go Ahead and Keep Them; We’ll Make More
- A new neoliberalism?
- Gas Shortages: Cutsinger’s Solution
- Tariffs, Growth, and Brexit
- The Lure of Yesteryear Manufacturing
- Is A Negative Net International Investment Position Cause for Concern?
- Fewer Rules, Better People : Lam on Law Enforcement
- Who runs trade surpluses?
- The Marxist Owner of the American Store?
- Inflation and the Demand for Money: The Confederacy in the Civil War
- Doug Irwin on Trade Deficits and the Wealth of Nations
- My Weekly Reading for May 4, 2025
- Party Time: Lessons from the aviation investigative process on “fact checking”
- Spoiled by Success
- Imports Arithmetic Doesn’t Explain GDP Drop
- Zoltraak: Competition versus Stagnation
- Game theory in Crazy Town
- Free Trade and Economic Freedom
- Victims of Communism Day
- It’s Even Better Than A Consumption Surplus
- Fewer Rules, Better People : The Laws of Bureaudynamics
April 2025
- Tariffs and the Economy
- Global Nationalism: Part 2
- Independent Institutions and Private Force
- Fewer Rules, Better People : Lam’s Case for Legalism
- Crisis and Leviathan: The Federal Government in the Civil War
- Joseph Epstein Errs on the Dismal Science
- When Externalities Conflict
- My Weekly Reading for April 27, 2025
- Clearing the Air on Tariffs and Trade Deficits
- Adam Smith Definitely Would Not Approve
- Bans on Artificial Food Dyes are Unjust
- One Way or Another
- EconLog Price Theory: Gas Shortages
- Ted Koppel Does a Lousy Job on USAID
- The Vice President Meets the Pope
- Silver Linings and Green Clouds
- Introducing Fewer Rules, Better People: The Case for Discretion
- Health Care Markets Fail So Government Must Intervene? Kenneth Arrow Said No Such Thing
- The Trade Debate Revisited
- Of ChatGPT’s Sense of Humor
- My Weekly Reading for April 20, 2025
- Free Stuff is Expensive
- Public Statement in Favor of Free Trade and Against Tariffs
- Businesses are Suffering
- Why Hold Laws As Binding On the Rulers
- An Old Movie Reminds Me of Two Lost Freedoms
- What is the Role of the Expert?
- Artificial Intelligence: Doom or Boom?
- The Government You Wished For
- Trade deficits forever?
- The Display Test: Market Efficiency
- Whataboutism
- Colloquial Law
- Sleazy Boomers and Wholesome Zoomers
- Why Shouldn’t We Subtract the Added Value from Imports from the Trade Deficit?
- Remembering Paul Lewis
- Rebranding the Trade Deficit
- Inflation Targets: Cutsinger’s solution
- Incoherence, Grand Plans, and Politicians’ Self-Interest
- Trade as a Scapegoat
- Why Classical Liberals Should be Skeptical of DOGE
- My Weekly Reading for April 13, 2025
- Minimum Wage: Cross Country Comparisons
- An Economic Argument for Mercy
- The Trade Derangement Syndrome
- Why we cannot have nice things
- Adam Smith Would not Approve
- How Liberty Upsets Patterns
- Bilateral Trade and Barter
- Inputs are Nested Fractally
- Big Tech Antitrust: Postelection Edition
- The Reason of Rules: Uncertainty is the Growth Killer
- Do American Workers Buy Goods?
- The Wisdom of Derek Thompson
- My Weekly Reading for April 6, 2025
- On the “Reciprocal” Tariff Plan
- The Ugliness of the Great Protectionist State
- I, Pencil with Tariff Rates Added
- America’s Cultural Revolution
- Poor Netanyahu
- International Trade Exam Question
- A Silver Lining, but…
- Remember Congress?
- The Second Law of Demand and Supply in Action
- The Slave to Our Passions
- What Would True Reciprocity Mean?
- Relative, compared to whom?
- To Lie or Not To Lie: Moral and Economic Reasons
- Elasticity and Tax Burdens
- Recent Mistakes I’ve Made
- The Joy of Freedom in the Digital Age
- EconLog Price Theory: Inflation Targets
March 2025
- Household Net Worth Has Increased Relatively Steadily
- What Ought Economists Do?
- It Is Basically Holistically Intuitive
- Laws are for the Little People
- My Weekly Reading for March 30, 2025
- No, VATs Are NOT Like Export Subsidies
- Social Contract Ambiguity
- Largest tax increase in US history?
- The Strangers Who Live Among You
- The New China Shock
- Don Boudreaux Responds to Me and I Respond to Don
- Trade Deficits Cannot be “Managed”
- Breaking the Symmetry – Free Trade Edition
- Why Methodological Cosmopolitanism?
- Pointless Wars
- TikTok: Godot, Absurd Politics, and Knaves
- China’s Trade Surpluses are Not a Source of Strength
- A Rare Disagreement with Veronique de Rugy and Don Boudreaux about International Trade
- Is fiscal policy effective?
- My Weekly Reading for March 23, 2025
- The Justice of (Classical) Liberal Anarchy
- Tariffs and Inflation
- One Requirement of the Rule of Law
- Homo Economicus and Home Buying Economics
- Why Torsten Sløk was correct
- My New Thought about DOGE
- Defending Apple’s DEI Program
- My Talk at UW – Superior
- The Data is Right: Americans are Prospering Economically
- Manuel Klausner, Joyous Libertarian
- A Win-Win Proposal to Fix Social Security
- Good Goals, Poor Implementation
- Listen to Dallas
- A Proposed Amendment to David Hume
- Exercise, Economics, and Margins
- Free the Beer, Free the Trade
- Social Security: The Proposal
- Corrections are Unhealthy
- My Weekly Reading and Viewing for March 16, 2025
- The Obvious Superiority of Collective Choices?
- Ludwig von Mises and the Berlin Batman
- Social Security: Flawed from the Start
- The Conservative Cruel Kids
- China’s Deflation: Made in the USA
- Averages, Margins, and Memes
- Tariffs
- The False Promise of Populism
- Where Are the “Free Market Advocates”?
- The NATO debate, one year later
- Trade War Fears
- Review of the Strong Gods III: Reno Swings and Misses on Economics
- Social Security Is a Ponzi Scheme
- Organized Hatred From Above
- Two Excuses
- David Bier on Legal Immigration
- My Weekly Reading for March 9, 2025
- Firms Moving to the US Pay a Tariff Equivalent
- Economic Warfare
- Herb Stein on Balance of Payments
- Authoritarianism: A Deal with the Devil
- Henderson on Canada as a 51st State
- Review of the Strong Gods II: Big Picture Problems
- Back to the farm?
- How Today’s Egg Prices Scrambled Traditional Economic Theories
- Don’t Cap Credit Card Interest Rates
- Unshackling the Shackled Leviathan
- The Evolution of Sanctions
- Review of the Strong Gods: Some Positive Notes
- Repeating a Historical Experience of Autarky?
- Was this Kuznets Idea “Stupid”?
- Some Further Thoughts on Housing
- My Weekly Reading and Viewing for March 2, 2025
- EconLog Price Theory: Cutsinger’s Solution to the Membership Difference
- The Ultimate “Gold Card”
- Property Rights in Colombia: Reality and Challenges
February 2025
- Pierre Poilievre on Canada’s Dysfunctional Energy Policy
- How does a stronger US dollar hurt international college students?
- Aluminum, Economics, and Liberty
- What money?
- Big Government on the Cheap: A Possible Lesson from the DCA Tragedy
- Russ and Pete’s Excellent Adventure into the Socialist Calculation Debate
- The New York Times Pivots on Immigration
- The Political Problem of Tariffs
- Reno on Bringing the Strong Gods Back
- Where is H.L. Mencken When We Need Him?
- Trade sanctions on China?
- Reno On the Political Consequences of Banishing the Strong Gods
- Scientists Are Often Ignorant
- My Weekly Reading for February 23, 2025
- Why I’m Not Very Worried about the 2032 Asteroid
- A Blueprint for Freedom: The Classical Liberal Path to Prosperity
- The King of New York
- The Benefits of Free Trade Are at Risk
- What Makes International Trade Unique: Politics
- Revealed preference as an analytical tool
- The Tension in Discussions of Tariff Burdens
- Prices and the Possibility of Civilization
- The Basic Error About International Trade
- Stephanie King on Getting Rid of the Penny
- A VAT is Not a Tariff
- Animal Personalities, Individual Dignity, and Equilibrium
- The Left and the Right: A Non-Mysterious Puzzle
- I, Can
- Is China waking up?
- My Weekly Reading for February 16, 2025
- Bitcoin Isn’t Money
- Are Conflicts of Interest at the FDA a Big Problem?
- What We Owe Each Other
- Price Increases and Possible Consequences
- Reciprocal tariff cuts?
- Why Can’t Food Stamps be Used for a Rotisserie Chicken?
- Should we allow bribery?
- EconLog Price Theory: The Membership Difference?
- California’s New Fuel Standards Hurt the Poor, with Little Environment Benefit
- Reno On the Social Effects of Banishing The Strong Gods
- The Limits of Deep Research
- Jason Furman on Bidenomics
- Low Water Prices Mean More Damage from LA Fires
- Environmental Justice and Some Other Funny Stuff
- Global nationalism?
- My Weekly Reading for February 9, 2025
- Jimmy Carter: The First Reaganite
- Where We Want to Go As A Society
- Bad News on Inflation
- The 1989 Repeal of an Entitlement
- Should Canada Become the 51st State?
- Reno on the Banishing of the Strong Gods
- Freedom and Responsibility
- Liberalism, Not Only Freedom, as Vaccine
- Will Tariffs Lower Prices?
- Deadweight Loss From Taxes is Proportional to the Square of the Tax Rate
- We’re an Empire Now
- Don’t Substitute Tariffs for Income Taxes: You’ll Get Both
- My Weekly Reading for February 2, 2025
- The Elementary Economics of Tariffs and Protectionism
- Does money make you happy?
January 2025
- California Burning: Causes and the Way Forward
- Introduction to R. R. Reno’s Return of the Strong Gods
- Time, Transactions Costs, and Technology
- L.A. Fires: Consumers Are Price Gougers
- Immigration and Food Prices
- Jimmy Carter, the original DOGE-bro?
- My First “Conversation” With DeepSeek
- Some Numeracy About Tariffs on Tequila
- A Stormy Celebration of Globalization
- On Barbie and Impossible Expectations
- Oil Prices, Interest Rates and War
- Tariffs on Canada and Mexico Are Way Worse Than Tariffs on China
- My Weekly Reading for January 26, 2025
- Trickle-Down in Austin
- Public Choice Doesn’t Require Us to Assume People Are Evil
- Politics Feeds Mounting Discontent and Hatred
- Cat Cardiologists, Howard Hughes, Symphony Music, and Economic Growth
- What does “pro-business” mean?
- Not Enough “Political Will,” but What Is That?
- Productivity and Wages
- Why Not Privatize the Post Office?
- Who likes pardons?
- Labor Supply and Wages – Stranded Workers Edition
- History for the Books: Javier Milei & Argentina’s Budget
- Cotton v Wool Price Theory: Cutsinger’s Solution
- I Win My Recent Inaugural Bet
- Liberalism as a Vaccine
- The Peaceful Transfer of Power: A Few Reflections
- My Weekly Reading for January 19, 2025
- Greedflation in Turkey? How about Greed spending ?
- Financial Education and Economic Development
- Government Junk Fees
- A Coase Story about Gambling
- The Wielders of One-Bladed Scissors
- Dealing with Danes
- Thank Goodness He Didn’t Spend All of It
- Fiscal Discipline: Reduce Spending and Empower People
- Why A Canada/U.S. Union is a Bad Idea
- Trade and Competition
- To the Cost-Cutting Enthusiasts, Good Luck!
- The Case Against Price Controls
- Confusions About Collectives
- Jimmy Carter: The Great Deregulator?
- Businessmen: From Free Traders to Vile Courtiers?
- Short-Term Thinking
- My Weekly Reading and Viewing for January 12, 2025
- Endowment Oversight in the Ivys
- It’s all about the Fed?
- Mutz, Caplan, and Anti-Foreign Bias
- Critics of Free Markets Strike Out
- Don’t Buy Greenland, Sell Alaska
- Hitting the Right Target with Monetary Policy
- A Longer-Term Simon/Ehrlich Bet
- Rational Crime and Subjective Probability
- Politics, the Military, and the Sagittarius A* Black Hole
- Not Your Grandfather’s America
- Democracy for Liberal People: Part 2
- The Reluctant Activist, or Not Only Can You Fight City Hall, You Can Actually Win
- Additional Comments on Inflation
- My Reading and Viewing for January 5, 2025
- The Beauty of Trade, Again
- Saving Money by Not Spending
- Revealed Preference
- Let’s Talk Toasters
- My Top Ten EconLog Posts of 2024
- What causes policy mistakes?
- Concerns About Tariffs
- EconLog Price Theory: Cotton v Wool
2024 748
December 2024
- The Politics of Immigration
- Democracy for Liberal People: Part 1
- A Dangerous Pass in 2025 and Beyond
- Taxocracy
- My Weekly Reading for December 29, 2024
- A Policy for All Seasons
- Can Game Theory Explain Cooperation?
- The Golden Age of Immigration is Now
- A Search by Any Other Name
- Two Thalidomide Disasters
- Rediscovering David Hume’s Wisdom in the Age of AI
- Mind Fog Revealed by the Murder of Brian Thompson
- Making Keynes’s Vision Reality
- When Small is Beautiful
- Did Your Suppliers Order You to Do Something for Christmas?
- Military Law and Rational Choice
- We’re Number 17! We’re Number 17!
- Jason Harrison on the Politics of Taxes
- A Rewrite of a Famous Mencken Aphorism on Democracy
- Charity Begins at Home
- Knowing Everything There Is To Know
- My Weekly Reading for December 22, 2024
- Printing Money for Reparations: A Dangerous Path for Colombia
- Confusing Wealth and Consumption
- Why Does Santa Claus Exist?
- Is inflation meaningful? Is it useful?
- Tariffs Hurt Canadians and Americans
- Donating on the Margins
- Whose prices rise with tariffs?
- What went wrong in 2021?
- Activism, Production, and Consumption – A Case Study from Flint
- Working for Change in Democratic Politics
- Did Taylor Swift “Juice the Economy”?
- NGDP Guardrails: Do the Right Thing
- My Weekly Reading for December 15, 2024
- What Stray Cats Taught Me About Spontaneous Order
- Subsidies and Waste
- The Fed’s Financial Chicanery: No End to the Money Printing
- The Other Kind of Romance in Politics
- What Is Kakistocracy?
- Paul Krugman retires from the NYT
- Crypto, Investment, and Intrinsic Value
- Consumer Purchasing Price Theory: Cutsinger’s Solution
- How valuable is just asking people?
- How to Get Rich Slowly
- One Year of Milei: Stabilization, A Balanced Budget and Deregulation in Argentina
- Synecdoche, Bullets, and Politics
- Gell-Mann Amnesia and AI
- The Monkey’s Paw and Interest Rates
- My Weekly Reading and Viewing for December 8, 2024
- Economics In Personal Decision Making
- Does National Security Justify Trade Restrictions?
- Thinking About Imports and Exports
- Jeff Hummel on Tether
- Wanna bet?
- The Self-Government of the People
- What Deindustrialization?
- What Cass Sunstein Omits in Discussing DOGE
- Letting the Rich Subsidize the Poor
- The Bitter Irony of the Attack on U.S. Steel
- Pumpkin is a Feeling
- Notre-Dame: Private Financing of a “Public Good”
- The Roots of Debanking
- My Weekly Reading for December 1, 2024
- Supply and Demand for Fentanyl
November 2024
- Is Econ Grad School a Good Idea?
- Some Aspects of Economic Illiteracy
- Adam Smith’s Wisdom and the Nuclear Energy Debate
- Are Chatbots Willing to Lie for the President?
- You Cannot Have Everything
- Would Cutting the Number of Medicare Employees Save Money?
- Dungeons, Dragons, and Monopolies
- One Way to Defend Populism
- Do voters focus on prices or inflation?
- My Weekly Reading for November 24, 2024
- The Wall Street Journal’s Misleading Subhead About Oil Companies
- Learning the wrong lesson?
- Slavery, Compensation, and the Limits of Economics
- Mississippi, Vietnam, and Human Decency
- My Chat on Stakeholders With an AI Bot
- Signal Extraction Problems in Public Health
- Great Moments in Compulsory Government IDs
- Is California turning to the right?
- Build, Baby, Build To Fight Climate Change
- The Tail Wags the Dog
- Do we understand elections?
- A Strange Turning Point
- Should You Be a College Professor?
- The Importance of Principles
- My Weekly Reading for November 17, 2024
- Peace for Our Time?
- A Nobel Prize in Economics for the ‘Inclusive’ Free Market
- Fifty Percent Plus One Is Not a License to Kill
- You’re Probably Willing to Price Gouge (and That’s OK!)
- Find the Math Error
- The Importance of Diminishing Returns
- EconLog Price Theory: Consumer Purchasing
- Fine Tuning Policy
- Juliette Sellgren Interviews Henderson on the Latest Nobel Prize Winners
- The “problem” of Induced Demand
- My Weekly Reading for November 10, 2024
- The Market Reaction to the Election
- We at 100
- Is the Rule of Law Sacred?
- My Personal Prediction Machine
- The Problem With Economic Planning
- Watch the Breakevens
- Players, Games, and Rules
- An Interesting Political Phenomenon
- Externalities and Public Policy
- Martin Anderson on Ronald Reagan’s Smarts
- The Linguistic Disadvantages of Liberalism
- The “Opportunity” to Get Cancer
- When should we defer to others?
- My Weekly Reading for November 3, 2024
- A Few Things Lumber Tells Us About the World
- The Confidence-Man in the 21st Century
- Nocera and McLean’s priceless PPE analysis
October 2024
- Electric Vehicles Price Theory Problem: Cutsinger’s Solution
- Why Trade Should Be Free
- Henderson on Pandemic Planning
- Should bad outcomes always be prevented?
- Thomas Gale Moore RIP
- Minimum Wage Laws are UNemployment Laws
- Remunerations Determined by Markets or Politics?
- Californians, If They’re Like the Rest of America, Have Already Answered
- The Media, Alcohol, and Illegal Drugs
- My Weekly Reading for October 27, 2024
- Germany, Japan, and Telangana
- The Socialist Calculation Debate: Theory in Action
- Empowering Strong Families: More Government Isn’t the Answer
- We’re Number 4; We’re Number 4!
- Price Controls with Fixed Supply
- Real Shocks and Recessions
- Did Inequality Fall Between 1870 and 1910?
- Cultures
- Is China a developing nation?
- Thinking About Friction
- Bryan Caplan on the UAE
- Should lottery directors be licensed?
- My Weekly Reading for October 20, 2024
- Trafficking versus Voluntary Prostitution
- Monetary Shocks: A Natural Experiment
- Revisiting Jon Murphy on Amazon
- Mortal Ignorance of Methodological Individualism
- Acemoglu and Robinson Basically Ignored Adam Smith
- Powerful Anecdotes: Korea, Malaysia and Guyana
- EconLog Price Theory Problems: Electric Vehicles
- The Benevolence of Market Exchange – Smith vs Daggett
- U.S. Politicians Push for Ukraine to Reduce Freedom Further
- War and the Economic Concept of Substitution
- Henderson on the Latest Nobel Prize in Economics
- Are Sex Workers Necessarily Engaged in Trafficking?
- A Societal Nobel Prize in Economics
- The Economic Impact of Superstars
- California Bureaucrat Says the Quiet Part Out Loud
- Is AI Dumber than a Cat? Some Related Points
- Hayek’s Nobel at 50
- My Weekly Reading for October 13, 2024
- Is divided government a good thing?
- When Should the Government Intervene?
- Decoupling Desert and Responsibility
- Introducing EconLog Price Theory: Cutsinger’s Solution
- Pin Factory, 40,000 BC
- Baumol’s Cost Disease Comes to Britain
- Notes on Hayek’s “The Use of Knowledge in Society”
- Taiwan is the Alternative, Not the CCP
- The Myth of the Lacking “State Capacity”
- Conor Sen on Fed Policy
- NBA Players’ Average Height and Canada’s Fall in Real GDP Per Capita
- Bad Economics in Fiction, Star Trek edition
- My Weekly Reading for October 6, 2024
- Bella and Brutto are Different: A Lesson in Comparative Advantage
- The Dictator’s Incentives and Trade-Offs
- Goolsbee vs. Summers
- How to Help Consumers
- Tolstoy, Kirzner, and Happiness as a Process
- What ails the Anglosphere?
- Trade and Wages
- My October 1 Talk at OLLI
- Price Stickiness, Policy Stickiness
- Why Sanctions Often Fail to Work
- “Here, We Sell Local”: Collectivist or Tribal Protectionism
September 2024
- John Cochrane on Interest Rates and Exchange Rates
- My Weekly Reading for September 29, 2024
- When Mockery Boomerangs
- Is There a Good Case for Requiring Gasoline Sellers to Carry Minimum Reserves?
- D’Argenson’s Injunction to the State, Deep or Shallow
- A Possible Correction on Milton Friedman’s “Isolation”
- Monetary Policy Was Even Worse than We Thought
- Taking Sides Between Potential and Current Homeowners
- Minimum Wages and the Substitution Effect
- What monetary stimulus?
- From the Middle Ages to Today’s Libertarian Tent?
- Truth, Loyalty Signaling, and Externalities
- When Policy Goals Conflict
- My Weekly Reading for September 22, 2024
- Hearing Aids in AirPods
- Compatriots in Competition
- A Blind Economist’s Insight
- Pessimism Bias in Polling
- Mummified Political Economy: Institutional Gaps
- Howard Hughes Would Envy You
- Why the Experts are Wrong about Inflation
- Introducing EconLog Price Theory
- The Loss in Revenue to Pharma from Medicare Price Negotiation
- Why I Write
- Musings on the New Alien Movie
- Are we rich?
- The Perversity of Medicare for All
- My Weekly Reading for September 15, 2024
- The Cost of Regulation
- The Arbitrary “Interests of the United States”
- Lipow on the Relationship Between Home Ownership and Unemployment
- On Pigouvian Taxes: A Reply to Scott Sumner
- Mummified Political Economy: Specialization and Comparative Advantage
- Carbon taxes vs. regulation
- Subsidies to the Press Endanger Free Speech
- Socialism Is Not Neighborly
- Do consumers prefer price gouging?
- Whatever Happened to Equal Pay for Equal Work?
- Basic Data on Federal Finances
- Efficiently Inefficient
- America’s 9th Largest Export
- My Weekly Reading for September 8, 2024
- Debauched Currency Leads to Debauched Hot Dogs
- Don’t be a Contrarian
- Benson Interviews Henderson on COVID, Lockdowns, and Monetary Policy
- The Half-Life of Asymmetric Information
- Mummified Political Economy for the 25th Anniversary of The Mummy
- Actualism, Possibilism, and Public Choice
- The Rise of the Plantation State
- Are unrealized capital gains income?
- The Isolated Milton Friedman
- Supply Chains and Protectionism
- Monkeys, Marines, and Manners
- A Question for Anti-Utilitarians
- My Weekly Reading for September 1, 2024
- Selling One’s Support to the Adversary State
- Final Notes on The Nazi Officer’s Wife
August 2024
- Are low wages a competitive advantage in trade?
- Economists and Price Spikes
- Protectionism’s Bad Economic History
- Mandates vs. Deregulation
- The Supply Web
- Teaching About Entrepreneurship
- Are Price-Gouging Laws Communist?
- Moral Parity and Emergent Morality
- Why Housing is Important
- Maneuvering in the Messy Mixed Economy
- Further Thoughts on The Nazi Officer’s Wife
- Ignoring Probability Theory Is Dangerous
- Moral Parity and the Welfare State
- Do tariffs raise prices?
- Highlights of My Weekly Reading, August 25, 2024
- Online Ticket Prices and Monopoly Power
- Goods, Services, and Tariffs
- Economic Vignettes from The Nazi Officer’s Wife
- The Nazi War on Wealth
- Heterodox Views on Monetary Policy
- Bryan Caplan Understates Case for Immigration
- The Seen and the Unseen
- Research Questions About the Two Sexes
- Bullied into Deflation
- News on My Health
- Matt Zwolinski on the Moral Parity Thesis
- Gullibility
- Should monetary policy be implemented by economists?
- Competition Works, Even in Health Care
- Restaurant Prices and Inflation
- Higher Taxes or Lower Spending?
- The Virtues of Failing Fast
- CVS’s Clever Marketing
- Make Going to The Doctor More Like Going to the Vet
- Immigration and the Business Cycle
- Teaching About Human Capital
- A Second-Order Examination of Unintended Consequences
- Further thoughts on US exceptionalism
- A Little Economics of Living and Dying
- Making Huawei Stronger
- My Weekly Reading and Viewing for August 11, 2024, Part 2
- My Weekly Reading for August 11, 2024, Part 1
- Drew Benson Interviews Henderson on COVID Lockdowns, Hayek, and Behavioral Economics
- The Scorecard on Pot Legalization
- Nixonflation
- Terrorism as “the Essence of Government”
- The Valence of Unintended Consequences
- Tariffs are Taxes on Trade
- Should the Fed Placate the Markets?
- The Draft Would Reduce Skin in the Game for Most Citizens
- Deliver Us From Love
- My Weekly Reading for August 4, 2024
- Why Do Interest Rates Matter?
- The Case Against Compulsory National Service
- On the Optimal Tariff and the Law of Demand
- Ideology, Education, and DEI at Stanford
- Our Tortoise-like Fed
- Teaching Economics
- Tax Rates, Children, and Framing
- Some Private Financing of Public Goods
- What if the Fed Doesn’t Cut?
July 2024
- Can Rent Control Be Salvaged?
- A Nationalist Argument Against Protectionist Tariffs
- To Fix Economics, Try Teaching Economics
- The Case for Pigouvian Taxes
- Why I, too, Am Skeptical of Market Failure Corrections
- My Weekly Reading for July 28, 2024
- Happy 100th Birthday to Arnold Harberger
- Go Midwest, young man?
- Beware Calls for AI Regulation
- Good News on Global Equality
- Residential Generators and Life in Society
- The Immigration Pillow
- The Administrative State is Leviathan, and Leviathan is Us
- Measuring Inequality Across Multiple Dimensions
- Flaws in the Greatest Good for the Greatest Number
- Capitalism and Freedom
- What Happened to the Mixed Economy?
- DEI: Breaking Down Barriers (to Entry)
- Smithian Insights into Shrinking Global Inequality
- Timmons on Occupational Licensing
- How Not to Tax the Rich
- My Weekly Reading for July 21, 2024
- A Culture of Individual Dignity
- NOTHING is “Adequately Funded”
- Progressive Jonathan Lipow Defends Economics
- Tom Holden on Monetary Policy
- The Right to Build
- Jonathan Lipow Is a Fair-Minded Progressive
- Contrarian Ideas on the Administrative or Whimsical State
- Deontic Facts, Agents, and Hayek
- How to Think About Supply Shocks
- Trade Has No Losers
- Why I am Skeptical of Market Failure Corrections
- What Would Change My Mind?
- A Contradiction in Hayek’s Famous 1945 Article
- China’s Real Problem is Nominal
- Highlights of My Weekly Reading for July 14, 2024
- Can We Meaningfully Speak of Bubble Gum “Inflation”?
- Alan Reynolds on “Shelter Prices” and Inflation
- Trendy Tables
- Dreams and Nightmares
- Activism and Institutional Gresham’s Law
- Nepotism and Global Politics
- The Problem of Collective Action: An Illustration in Education
- Experiential Heterogeneity
- Elevator Blues
- The Return of Wasteful Competition
- A Win-Win-Win-Win on EV Policy
- Stingy Boomers?
- My Weekly Reading for July 7, 2024
- What Does It Mean to Govern?
- Negative Sum Thinking in Mission Viejo
- Tariffs, Deficits, and Debt
- Jeopardy’s Defective Understanding of Inflation
- Mythology and the Reality of Democracy: An Illustration
- The Politics of Protectionism: The British General Election of 1847
- The “cost of living” is Highly Subjective
- Comments on Richard Ebeling and Geoffrey Lea on the Austrian School
- Corporate Tax Cuts Don’t Need to Be Extended Because They Don’t Expire
- Singapore, Inc.
- The South Royalton Discussion is All Online
June 2024
- The Surreal Surgeon General and Public Health
- Modern art and political polarization
- My Weekly Reading for June 30, 2024
- Henderson on Burns on Milton Friedman
- Is Macro Making Progress?
- The Economics of Activism
- Ray Kurzweil on How AI Will Transform Energy, Manufacturing, and Medicine
- Focus on What We Say, Not What We Do
- Dictatorship Doesn’t Promote Prosperity
- Barriers to Entry as Baseball Bats
- The Internal Contradictions of Nationalism
- My Weekly Reading for June 23, 2024
- Does a Price Decrease Fuel Deflation?
- Ask a stupid question . . .
- Consumer Adjustments to Minimum Wage
- Henderson Review of Build, Baby, Build
- The French, the Americans, and the Plague of Politics
- The wisdom of Janan Ganesh
- The Problem With AI Is the Word “Intelligence”
- Should Advising Clients on How to Find Customers for a Legal Good Be a Crime?
- Rights and the Principle of Charity
- Reasoning from a Price Change: Trade Edition
- Nominal GDP as an Indicator
- Bonus Weekly Reading for June 16, 2024
- The Possibility of Despotism in America
- My Weekly Reading for June 16, 2024
- When China Innovates
- Reflections on Flags and “Flag Day”
- Equalize, or Minimize?
- Is Art as Progressive as Science?
- Should We Reexamine Adam Smith’s Views of Animals?
- Henderson on South Royalton Austrian Conference
- Reciprocity, Symmetry Breakers, and Semantic Stopsigns
- Bernanke on Forward Guidance
- D-Day and the Naïve Conception of Democracy
- More Firms Doesn’t (Necessarily) Mean Better Competition
- Where Biden Went Off Course
- My Weekly Reading and Viewing for June 9, 2024
- The Law and Economics
- A Quiet Belief in Authoritarian Values
- Double Trouble
- How to Give U.S. Car Buyers, Environmentalists, Free Traders, and U.S. Auto Workers Much of What They Want
- Plastic Rings and Woolen Coats
- Lessons from a Non-Recession
- Thinking on the Margin in Politics
- Economic Deepities
- Bad Reasoning
- Adam Smith as Founding Father
- The Relationship between CO2 and Global Warming
- Summarizing my Blogging
- My Weekly Reading for June 2, 2024
- Thanks for Nothing
May 2024
- Economists are Less Selfish than the Average Person
- That’s the Style: Markets and Modernism
- Libertarian Reciprocity
- Transfers Rather Than Transactions: Rent-Seeking Is Costly
- The Fight for Memorial Day
- Economic Theory and Reality
- Brigadoon versus the Hockey Stick
- Cell Phones and Competition
- Conclusions and Consequences Abroad
- Some Call it Treason
- Highlights of My Weekly Reading for May 26, 2024
- Asimov and Tolkein – Intelligence vs Wisdom
- The Pink Tax Myth
- The Guru Whom Politicos in the West Are Scared of
- Does Scottish Poverty Cause Drug Use?
- A Free Market in Organ Donations: When Pigs Fly
- Wrong In Theory Is Worse Than Wrong In Fact
- Racial Bias in Drug Enforcement
- How Did We Get Good Growth in the 1950s Despite High Marginal Tax Rates?
- Tom Hazlett on the TikTok Ban
- Fear of Financial Instability
- What Do They Think Politics Is?
- A Gaming Journalist Discovers Spontaneous Order
- Problems with Progressivism and Populism
- Are You a Product?
- My Weekly Reading for May 19, 2024
- Beneath the Mask
- Population and Density
- “Junk Fees” Typically Serve an Important Purpose
- Professor Hugh H. Macaulay: A Tribute on His Centennial
- My Life as an Austrian Economist: My Philosophical Vision and the Critique of Scientism
- The Actual “Great Replacement”
- How Drug Prohibition Increases the Rate of Crime
- Some of the Awful Effects of Price Controls on Oil
- Free Markets Against Discrimination on eBay
- Who Makes a Promise
- The War on Prices
- Let’s Hope that Tariffs are Inflationary
- The Alchemy of Military Expenditure
- Ryan Bourne’s Supremacy
- Tariffs Do Cause a Slight Temporary Increase in Inflation
- Visions of the 21st century
- My Reading Highlights for Week of May 12
- Biden Is Really Trump 2.0, Not Surprisingly
- The DOJ-Apple Case: Harming Consumers v. Harming Competitors
- The Ukraine War: Who should sacrifice?
- Disinformation Exists and Is Dangerous
- Are Businesses Hard-Hearted?
- Legislators, Technology, and Michael Crichton
- Fed Forecasting: AI or Markets?
- Civil Asset Forfeiture: The War on Drugs™ as a Law Enforcement Revenue Center
- Was High Inflation Inevitable?
- My Weekly Reading and Viewing for May 5, 2024
- Imagine There’s No Zoning
- Keeping a Safe Distance From Policymakers
- The Regulator as an Industry…Ally?
- Political Power in Dune
- Where’s the Best Place to Live?
- Blurring Posse Comitatus: The Increased Militarization of Police
- Armed Men on Campus!
- Robert Hessen on the Industrial Revolution
- Frank Herbert’s Dune – A Cautionary Tale
- “Unelected Officials” Are Convenient Scapegoats
- Let Them In and Let Them Work
April 2024
- America, but with fewer immigrants
- At What Cost: The Social Costs of Drug Prohibition
- Tariffs are Sanctions Against Consumers
- How should we make housing more “affordable”?
- My Weekly Reading for April 28, 2024
- Robert MacNeil’s Axiom
- The Economist ‘s Irrational Fear
- The Centralization of Power
- Follow the Money
- Is Nationalism Bad for Your Health?
- How to Hobble the Fast-Food Industry and Fast-Food Jobs
- In Defense of Seeking the Truth
- Great Moments in Denying Reality
- Factoid and Ideas: King’s Horses Amok in London
- It’s Not “Midwest Nice” to Break the Rules
- Is Politics Immoral? Meet Princess Mathilde
- Externalities Should be Handled with Care
- Ideas and Implications
- Neoconservatism, Nationalism and Liberalism
- Is Our Way of Electing a President Really that Unusual?
- My Weekly Reading for April 21, 2024
- Human Costs, Animal Costs, and Economic Costs
- Socialism is a Luxury Good
- There Are Degrees of Disavowal
- There Is Politician’s Talk and Politician’s Talk
- Robert Hessen RIP
- Now do Japan
- On Fairness – Aesop vs Sesame Street
- Prisoner’s Dilemma: A Simple Model of War
- Why the Status Quo Matters
- Hey teacher, call on me!
- Means, or Ends?
- Military Age Males
- Some Counterintuitive Thoughts on Monetary Policy
- The Inheritances that Matter Most
- My Weekly Reading for April 14, 2024
- Religious Incentives and Life in Society
- Public Goods and Public Bads
- The Anti-Chinese Roots of American Public Policy
- Pregnancy Discrimination Act Reduces Women’s Economic Freedom
- Social Control at the School for Good Mothers
- Further Decline in the Value of the Costco Hot Dog
- Wisdom on Worth and Work
- Should We Make Fun of JP Morgan?
- Conservation Through Capitalism
- Some Lessons from a Just War Fought Unjustly
- Milei’s Message to the World
- “All the new jobs are going to immigrants”
- My Weekly Reading for April 8, 2024
- An Added Perversity of the $8 Cap on Late Fees
- The Miners’ Strike
- Public Choice vs. Homo Politicus
- Which Price Indices are Most Useful?
- Biden’s War on Credit
- Biden’s Economists Are Pretty Decent on Free Trade
- Taboo Your Words, Political Philosophy Edition
- The Road to Serfdom
- Missouri Voters Vote Against Wealth Redistribution
- Nothing New Thing Under the Sun: Prohibition, Drugs and the Iron Law
- The Dangers of Milei’s Bi-Monetarism
- Decriminalization Doesn’t Solve the Problem
- Bills on the Sidewalk
- The Farce of Clean Energy Dumping
March 2024
- My Weekly Reading for March 31, 2024
- The World We’ve Lost
- He Who Has Eyes to See: Röpke’s Solution to the German Problem
- Kahneman, Henderson, and Hooper on Biases and Bases
- The failure of America’s ‘Twin Track’ Energy Policy in the 1970s
- Is the Natural Rate of Unemployment Turning Higher?
- Only Schmucks–and People With High Search Costs–Pay Retail
- You Are What You Eat : Science or Propaganda?
- Governing and the Rule of Law
- Daniel Kahneman RIP
- Higher Taxes or Lower Benefits?
- Most New Ideas Are Terrible
- This is a Documentary, Right?!?!?
- Customs Unions and Free Trade Zones
- Ludwig Lachmann Biography
- Simple Economic Ideas About Choice
- My Weekly Reading for March 24, 2024
- Why No Recession (so far)?
- Does Protectionism Protect?
- The EV Bloodbath
- TikTok and Tacit Knowledge
- Money Multipliers on Mars
- Should Inflation Measures Include Borrowing Costs?
- Build, Bryan, Build!
- When Will the Libertarian Party Have Its Moment?
- Somebody Has to Pay: No Way Around That
- Does Money Buy Happiness?
- Making Money is Hard
- Charter Cities in Kenya
- Live Free or Die
- Of Education and Spurious Scholarly Journals
- A Victory for Freedom of Choice
- The American Dream Isn’t Dead, But Its Pulse Is Weak
- Does Taxing Capital Encourage Capital Formation?
- My Weekly Reading and Viewing for March 17, 2024.
- Definitions and the Euphemism Treadmill
- Star Trek: Markets on the Edge
- You Cannot Prioritize Everything
- Cutting Corners and Nickel-and-Diming Customers
- Looking Back At COVID’s Authoritarian Regimes
- Of Mices and Mises
- Against the State and Its “Public Goods”
- Powell is Wrong About Inflation
- Trudeau Tries to Implement Minority Report
- A “Window” into Modern Economics: The James M. Buchanan Archives
- Schooling is Mostly Signaling
- Preserving Canada’s Wilderness
- Batchelor Interviews Henderson on Adam Smith and Chinese EVs
- From the Fourth Millennium, A Tale for Libertarians
- The Libertarian Party: Too Principled to Win?
- Robert George Asks The Right Question
- Two Definitions of Bubbles
- My Biweekly Reading for March 10, 2024
- Star Trek: Just Short of Utopia
- Expect More Banking Turmoil
- Democratic Choice Between Beer and Wine
- Why High Drug Prices are Good for Us Americans
- Adam Smith and Anthony de Jasay (With ChatGPT 4)
- A Chat with Claude 3
- Lawrence O’Donnell Makes Good Point Innumerately
- Stealing Oswald the Rabbit
- Painting a Target on the Labor Market
- Argentina’s Own (And Improved) Washington Consensus
- The EU Government’s Extortion Against Apple
- The Cheap Labor Addiction?
- American Paranoia
- The Good Old Days?
- China’s Two Problems
- Of Radicals and Dogmatists
- AI Bots Parrot Dominant Opinions and Biases
- Housing Supply and Quantity Supplied, Redux
- Immigration Makes Federal Debt Lower than Otherwise
February 2024
- Florida’s Foreign Policy
- Tucker Carlson: Putin’s Tool, Economic Fool
- Newsom Puts People Through the Sausage Grinder
- Resolving Definitional Disputes
- A Dangerous Philosophical Confusion
- Gemini on David R. Henderson
- Does Illegal Immigration Help to Reduce Crime?
- Boeing, Culture, and Responsibility
- Did Adam Smith Anticipate the Idea of Comparative Advantage?
- A Charter City for Egypt?
- Should We Care if Legacy Media Dies?
- Thoughts on Huemer vs Friedman
- My Weekly Reading and Viewing for February 25, 2024
- The Problem with Doves
- An AI Chatbot Hallucinates about DEI. Its Trainers Intervene
- Thomas Piketty versus Taylor Swift
- David Friedman on the Contributions of Immigrants
- Is the Value of Gold Stable?
- Man Does Not Live By Food Alone
- Indirect Evidence for the Magness and Makovi Hypothesis About Karl Marx
- Price Dispersion and Income
- The Value of Econ 101, example #10,191
- Maybe Clarke and Rice Are Both Right
- I Win a Bet that I Had Forgotten
- Food for Nothing, and Your Chickpeas for Free
- A Czar to “Level the Price Playing Field”?
- Does it Matter Whether Addiction is a Disease?
- Wisdom From My Wife
- My Weekly Reading and Viewing for February 18, 2024
- What Should We Do About Ukraine? I Have No Idea
- A Rare Success Story
- Argentina’s MOST Important Price: Interest Rates
- Economic Inequality: Popular Misconceptions and Important Facts
- Should Libertarians Reject Moral Degeneracy?
- For Those “Ready to Serve,” There’s McDonald’s
- Toilets and AI
- Reducing Income Inequality by Making People Worse Off
- Exchange Rates and the Purchasing Power of Pesos
- Political Noncognitivism
- The Logic of Apocryphal Quotes
- The Two Most Important Prices in the Argentine Economy
- Do Wages Cause Inflation?
- A Fundamental Difference between Debates in Sports versus Politics
- A Strange Ignorance of the Effect of Price Caps
- China’s Weak Economy
- My Weekly Reading for February 11, 2024
- Friedrich Hayek’s Legacy for the 2024 Election
- Public versus Private Pensions in Colombia
- Is Arabia the New America?
- Effect of Global Warming on Wealth
- Incentives Impact NFL Decisions
- Snickers, Sweaters, and Price Discrimination
- Thoughts on Michael Oren’s Claims about Israel and Gaza
- Policy Effects in the Ultra-Long Run
- Working For Some Citizens Against Others
- Michael Oren and Marc Joffe Agree on No Aid to Israel
- Questions for Interventionists
- Pondering a Civil Grand Jury
- Defending the Small Stuff
- The Washington State Experiment
- The Case for High Drug Prices
- My Weekly Reading and Viewing for February 4, 2024
- Resting on our Laurels?
- SGZ as a Recipe for Economic Growth
- What GDP Figures Do Not Reveal
- Beckworth Interviews Eggertsson
- Robert Graboyes on the Minds of Economists
- Confusions About Comparative Advantage
- The Day Milei Socked it to the Davos Crowd
- Recent EconLog Posts and Old EconTalk Podcasts
January 2024
- Gravity and Wage Stickiness
- Milton Friedman on Government as the Problem
- Marijuana Legalization and Econ 101
- Is Blogging Effective?
- A Rainforest of Opportunity
- Many of Us at Some Point Did Something
- My Weekly Reading, January 28, 2024
- Jeopardy Blows the Great Depression
- What About Gradualism?
- A Counterexample to Holcombe’s View on Preferences
- Be Wary of Bundling
- Pondering How the World Has Changed
- “Rightsism,” Free Speech, and Freedom of Action
- Poorly Defined Concepts in Macroeconomics
- Let Them Regulate
- Zwolinski’s Deficient Defense of a UBI
- Planning, Prices, and Profit
- The Weird and Depressing Debate Over AS/AD
- Making a Difference and Serving the Public
- Just When You Thought Things Couldn’t Get Any Worse
- My Weekly Reading
- Invalid Argument in a WSJ Editorial
- Cray 1978 versus iPhone 2022
- What I’ve Been Reading
- Wartime Economic Planning
- Tabling TABOR
- Mr. Trump, Meet Princess Mathilde
- Is the United States Beyond Hope?
- Bad Business: The Role of Subsidy and Regulation
- George Mason University Goes Woke
- Good, Bad, and Terrible Options
- Why Is Weed So Potent?
- How Much Should We Save For Future Generations?
- Status Quo Bias
- Economic Inequality: Big, Bad, and Growing
- My Weekly Reading
- Against Zero Sum Thinking
- Two Types of New Cities
- How Timur Kuran Changed My Thinking
- Milton Friedman Was an Infuriating Man
- Does Consumption-Led Growth Exist?
- Capitalism is Corrigible
- How Malthus Got It Wrong
- Not Easy to Escape the Reigning Clichéd Orthodoxy
- Good News on Canadian Citizenship for Russian
- The Myth of the 1950s Utopia
- Do Worries About Competition Generalize?
- Was Trump a Deregulator? Look at the Data
- Frank Knight’s Switch on Price Controls
- State Taxes and Sporting Performance: The evidence
- My Weekly Reading
- Poverty: Is it Circumstances or Decision-Making?
- Does the Prince Inject Money in the Economy?
- Citizen Bezos and Citizen Kane
- The Wisdom of Giuliano da Empoli
- Will Americans Do Better in 2024 After Struggling in 2023? It Depends
- Does a Trade Deficit Imply Trade Debt?
- Is Capitalism Soulless?
- The Unbearable Lightness of Collectivism
- Compensating Differentials and Job Desirability
- Newcomb’s Paradox and the Banality of Success
- On Claudine Gay, Charles Fried Blows Reasoning 101
- Money/Macro: Who is the GOAT?
- My Weekly Reading
- Effective Altruism as a New Year’s Resolution?