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Best Books of 2019: Big Business by Tyler Cowen
Cowen argues that most people underestimate the amount of good that big businesses do. They make possible affordable communications, books, culture and art (and the…
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Best Books of 2019: Humanomics by Vernon Smith and Bart Wilson
Smith and Wilson combine insights from their experimental economics research with insights about human character from Adam Smith’s "Wealth of Nations" and especially his 1759 book "The Theory…
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Best Books of 2019: Expert Failure by Roger Koppl
Koppl uses the role of experts to explain the difference between approaching social problems from the top down versus from the bottom up. Koppl defines an…
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Best Books of 2019: Legal Systems Very Different from Ours
Many years ago at a Mont Pelerin Society conference in Reykjavik, I saw David Friedman give a talk on Icelandic law during the Free State…
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This Week in Ridiculous Regulations
Congress finished the year with a bang. In a two day span the House impeached the president and passed the USMCA trade agreement. Both chambers…
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Best Books of 2019: The Narrow Corridor
Predatory governments with high corruption, that don’t respect political and economic freedoms, are extractive. Countries with these sorts of institutions tend to be both poor…