Blog

Hayek vs. Keynes, Round Two

Russ Roberts and John Papola are at it again. Last year they made a rap video starring F.A. Hayek and John Maynard Keynes. It garnered…

Blog

Giving Back to the Community

People often refer to their charitable efforts as "giving back." This is a misuse of language; what did they take? Here's an excerpt from a…

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Polls Are Useful

“By giving us the opinions of the uneducated, it keeps us in touch with the ignorance of the community.” - Oscar Wilde…

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$6 Billion More in Cuts

If they succeed, this year’s budget deficit will go from about $1.6 trillion to $1.594 trillion. Never let it be said that congressional Republicans don’t…

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Popularizing Hayek

The good folks at IEA have just released Eugene Miller's summary of all the arguments Hayek makes in The Constitution of Liberty.

Blog

Setting a New Tone

Over at the Daily Caller, I share a bit of wisdom from the economist Joseph Schumpeter about how people can have a more constructive dialogue…

Daily Caller

About the New Tone

  There is a lot of talk about tone these days. People think political arguments are nastier than they used to be. They are certainly…

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Bush’s Third Term Continues

President Obama's policies are remarkably similar to President Bush's. Most of their differences are in matters of degree, not principle.

Blog

The Economics of Toilet Seats

Up or down? The debate is as old as the toilet itself. Economist Jay Pil Choi constructed a game theoretic model, and it turns out…

Blog

Printing Money Troubles

New $100 bills that are harder to counterfeit have been rolling off the presses recently, with an error rate of 30 percent.