inequality_12-11-18

The Myth of Spiraling Inequality

– December 11, 2018

Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?

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Vlad the Impaler

The Economics of Dracula

– October 31, 2018

Vlad the Impaler and his literary incarnation — Count Dracula — have real historical roots in a dark period of economic nationalism.

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fredgraph

Growing Pains

– October 24, 2018

Long-run growth projections have plummeted since the Great Recession. How much blame does fiscal austerity bear for this bleak outlook?

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lettherebelight

Let There Be Light!

– October 22, 2018

Light, as we know it today, is a commodity. That would not have been possible without the institutional prerequisites — freedom to create, own, and exchange — that built the modernity we too often take for granted.

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mutiethnicmiami

Multiethnic Societies Can Be Stable, Peaceful, and Prosperous

– October 4, 2018

If all mixed societies are inherently unstable then why are they historically so common and why do many keep going for hundreds of years in peace and rising prosperity?

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uberafrica

Uber Changing Transportation In Africa

– September 4, 2018

Uber is now even defending the rights of those who want to be drivers but who don’t have the money to get expensive driving permits.

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ineuquality

Confiscatory Taxes Don’t Increase Equality

– August 29, 2018

Far from a vindication, the mid-20th century experience of the United States actually points to the futility of using confiscatory tax rates to counteract inequality. 

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plasticstraws

Why the Sudden Frenzy Against Plastic Straws?

– August 16, 2018

And yes, I’m glad that sea turtle no longer has a straw up his nose. I hope he wasn’t quickly eaten by a shark, which is the leading predator of these animals.

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scottlandtrain

How Travelling in Europe has Completely Changed

– August 9, 2018

State-run or state-privileged companies have for many decades dominated European markets. But the moment the opportunity arose for others to enter the market, those very companies faltered, while others are currently prevailing. The benefits are immense.

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Screen Shot 2018-07-27 at 1

What’s Causing the Growth? What’s the Threat? Stringham explains on BBC

– July 27, 2018

Edward Stringham speaks to the subject of economic growth on the popular BBC show “Talking Business”

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chickenstick

Would You Eat this Abandoned Chicken Stick?

– July 11, 2018

I could have eaten it without violating anyone’s rights, so far as I can tell. But doing so would bump into an idea that forms the basis of social order, the very distinction between what is mine and what is thine. And keep in mind that this norm thrives most (or only) in an environment in which we are not desperate. In famine and war, such norms become more flexible. Sitting at the airport bar, I had the luxury to be scrupulous … and remain hungry, awaiting my chance to beg the flight attendant to give me an extra bag of salted almonds.

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obamadoubt

The Limits of Presidential Self Criticism

– June 4, 2018

In so many areas, Obama seemed like an intelligent and thoughtful person, certainly someone who wanted to achieve some good. But even from his earliest extended interviews – however erudite and insightful – it was clear that he had a gigantic blind spot about fundamental economic topics. Most foundationally, the topic of wealth creation was never on this mind. He had great confidence in the capacity of great public administrators to manage economic life from the center but no discernable awareness of the limits of state power.

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