Incentives do matter, and to suggest otherwise is to betray basic principles of economics. Read the Full Article here: >National Review...
In many minds, "capitalism" has come to be a bad word, nor does "free enterprise" sound much better. I remember seeing posters in Russia in the early nineteen-thirties depicting capitalists as Frankenstein monsters, as men with yellow-green faces, crocodile teeth, dressed in cutaways and adorned...
(Don Boudreaux) TweetThe great science writer John Tierney’s latest essay in City Journal, titled “The Panic Pandemic,” is one of the best pieces ever written on Covid-19 and the calamitous, dark-ages-like reaction it. If I were to excerpt every part of this essay that deserves...
On this episode of the Authors Corner, Ethan Yang sits down with AIER Visiting Scholar Dr. Caroline Breashears to talk about her extensive research into the ideas of the great economist, Adam Smith. A particular topic discussed in the interview is an article she wrote...
(Don Boudreaux) TweetHere’s a letter to a listener of Russ Roberts’s wonderful podcast, EconTalk: Mr. G___: Thanks for your kind and constructive feedback on my EconTalk episode on Covid. You ask for evidence on the ineffectiveness of lockdowns. In my talk, instead of saying that there’s little evidence...
I don’t know how many protests, solidarity movements, refugees, human rights alerts, economic collapses, and purges are going to get this message through everyone’s heads, Communism is a terrible system of governance. In fact, at this point, we should be consistent. Any government that does...
New York was the toughest nut for the Federalists to crack. For here was one state where not only was the population overwhelmingly opposed to the Constitution, but the opposition was also in firm and determined control of the state government and the state political...
(Don Boudreaux) TweetI thank my Mercatus Center colleague Jack Salmon for alerting me to this powerful video. Read the Full Article here: >Cafe HayekCafe Hayek...
The United States is on its way to normalcy with the horrors of the last year and a half almost behind us. Lockdowns have been lifted with almost no talk of coming back at the time of this writing, masks are starting to come off,...
Ian Vásquez Last December I wrote an op‐ed (in Spanish) titled “Losing Fear in Cuba” pointing to what appeared to be a significant, new development: ordinary Cubans were becoming unafraid to publicly protest the communist regime. The mass uprising across the country this week in which Cubans shouted,...