The Three Biggest Myths about Political Economy
Although such myths will never be completely slain, their baneful impacts can be reduced by sound and unrelenting economic education and public commentary.
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The Limits to Hostile Takeovers
Capitalism, especially seen as a system conducive to hostile takeovers, does not need saving.
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Go-Big Economics and Go-Small Economics
Strong and rigorous empirical methodologies are desirable. This year’s laureates make this abundantly clear. The next step is to apply them to the biggest and broadest questions possible.
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The NBA’s China Problem Due to Political Control Over Markets
There is one important difference in the words and actions of Donald Trump and those of President Xi Jinping and his government in China: Donald cannot command that all companies doing business with the NFL.
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Why Women Workers Might Be Less Willing to Delegate
People love demographic generalization of the workplace because they simplify what is actually incomprehensibly complex. So the newest study of professional women was destined to go viral: “Women Are Less Likely to Delegate Than Men—and That Might Hurt …
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Presidential Harassment Is a Public Good
Unrelenting scrutiny of any politician is an indisputable public good.
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Yield Curve Inversions Don’t Improve Investment Outcomes
In light of the yield curve signal’s inability to overperform, it seems that for most investors the takeaway is that yield curve inversions are mostly noise. Ignore them and stick to your strategy.
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A Case Against Alarmism
As always, both sides need to relax. People are wise. They get it.
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The Very Idea of Economic Policy Is Itself Dangerous
You do not want the government to have an economic policy, even a free market one: you should want it to let people be.
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The Term Social is Notoriously Slippery
Why assume that a social problem is by definition something that can only be addressed through the political mechanism or primarily by that route?
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California’s Law on Paid Athletes Is Not a Free Market Reform
A government law that dictates the terms of trade for any organization does not move the ball towards the free market end zone.
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Realignment, Not Upheaval, Defines Our Political Moment
Faced with this situation, individualist liberals have to walk a straight but narrow path. They should continue to uphold and articulate the individualist perspective on politics and society, clearly and simply, while also pursuing the intellectual agenda of exploring those insights and applying them to the contemporary world.
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