Topic: Economic Education

Crisis, Economic Education, Healthcare, Public Choice and Public Policy

Unemployment Far Worse in Lockdown States, Data Show

– June 4, 2020

“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail Devereaux

Capitalism, Crisis, Economic Education

How LockDowns Shattered the Structure of Production

– June 3, 2020

“Fully lifting government restrictions and restraints will see people, once again, willingly demanding all the goods they want when they are at liberty to freely work and earn, to supply and demand, once more.” ~ Richard M. Ebeling

Capitalism, Economic Education, Energy

You Can Stop Rio Tinto Mining…By Paying For It!

– May 30, 2020

“To prevent a mining company from using land sacred to someone else, there exists a payment of money such that the conflict can be resolved. You just have to find it, negotiate it, raise the money – and pay. In the age of vast crowdsourcing and rapid information, that shouldn’t be much of a problem.” ~ Joakim Book

Crisis, Economic Education

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

Authoritarianism, Crisis, Economic Education

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

Art and Culture, Economic Education, Government

Free Speech Is Not Just Partisan Speech with Which You Agree

– May 29, 2020

“President Trump — and your supporters — lay off Twitter, and the other tech media platforms. All politicians of every political party should stop attacking the media and declare their support for the First Amendment.” ~ Raymond Niles

Crisis, Economic Education, Education, Healthcare

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

Art and Culture, Crisis, Economic Education

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

Economic Education, Sound Money Project

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

Crisis, Economic Education, Economic History

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

Crisis, Economic Education, Free Markets

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

Central Banking, Crisis, Economic Education, Economic History

The Guns of August: A Look Back at the Financial Shock of the Great War

– May 24, 2020

“Many of the extraordinary policies we see governments wielding right now are not as unprecedented as some commentators may think.” ~ Joakim Book