sweden

Give Sweden a B- in Coronavirus 101

– May 29, 2020

“The experiences in nursing homes have varied. Let us learn from them without politicizing them. Nursing homes present challenges that call for particular solutions, to be undertaken chiefly by people who are close to those to be protected.” ~ Daniel B. Klein & Charlotta Stern

READ MORE
Pandemic Policy in One Page

Pandemic Policy in One Page

– May 29, 2020

“All the sound reasons why central planning does not and cannot work in the case of the general economy apply equally in this case, along with a few other reasons which are specific to epidemics.” ~ David Hart

READ MORE
The World Health Organization Was Against Quarantines Only Last Year

The World Health Organization Was Against Quarantines Only Last Year

– May 28, 2020

“The real problem is epistemic: who is to decide what is normal, mild, moderate, or severe pandemic? Leave that decision to politicians and bureaucrats, and you have a problem. They do not know, and, as we’ve seen, immediately adopt the most extreme measures and go beyond them.” ~ Edward Peter Stringham

READ MORE

World of Warcraft’s Corrupted Blood Outbreak is Not a Model for COVID-19

– May 28, 2020

“The World of Warcraft Corrupted Blood outbreak (2005) is only an accurate simulation of how fantasy game players respond to a virtual epidemic.”~Peter C. Earle

READ MORE

The Thin Green Line

– May 28, 2020

“The Fed has again taken unprecedented action to respond to a crisis. Unfortunately, it has gone further towards erasing the separating monetary and fiscal policy, to the detriment of both.” ~ Scott Burns

READ MORE

Wait, So We Now Can’t Say ‘Human Capital’?

– May 27, 2020

“How a casual reference to a common and widespread conceptual tool from economics can be contorted into a conspiratorial design for malice by persons who present themselves as intellectual elites but lack familiarity with the subjects of their frenzied imaginations.” ~ Phil Magness

READ MORE

Resistance Isn’t Futile, It is Necessary

– May 26, 2020

“Resistance is a necessary part of democratic self-governance, and it becomes even more so at a time when all the calls are for increased centralization and the voices of the technocratic elite grow louder and stronger in insisting that such resistance is futile.” ~ Peter Boettke

READ MORE

Visualizations are Powerful, But Often Misleading

– May 23, 2020

“To make improper transformation of data can lead observers of data to incorrect conclusions. The data must be allowed to speak without being distorted.” ~ James Caton

READ MORE

Good Riddance to “Basic Life Skills”

– May 22, 2020

“We are able to lead fuller and richer lives thanks to the global division of labor, and the “basic” life skills about which so many people fret are, it turns out, not so basic after all.” ~ Art Carden

READ MORE

The Remarkable Blessings of the Price System

– May 18, 2020

The overall arrangement of resource use is not and could never be comprehended by any individual or by any committee. That what we notice of this system are its imperfections testifies to just how well and smoothly – indeed, how magnificently – it routinely performs.

READ MORE

We Are All Going To Die, and There’s Insurance for That

– May 12, 2020

All that prevents the formation of life-affirming private institutions like that described herein are regulations and taxes. Remove those impediments and watch free human beings flourish, even when faced by novel viruses, murder hornets, and much worse, until death inevitably overtakes them.

READ MORE

The Economic Fundamentals of Jobs

– May 11, 2020

The only answer, as always, is to end the lockdowns as soon as possible so that businesses can resume with market-disciplined investors and the marketplace itself guiding their decisions.

READ MORE