Note to a jetlagged @jamespeshaw from William Nordhous

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Thomas Szasz vs Albert Ellis: Is Mental Illness a Myth?

Existential Stoic

In a debate, recorded in 1977, Thomas Szasz and Albert Ellis argue over the concept of mental illness. Szasz argues forcefully and humorously for his position that mental illness is a sort of metaphor for problems in life. Albert Ellis maintains that mental illness is a useful concept that should not be dismissed.

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The Economics of Szasz: Preferences, Constraints, and Mental Illness

Existential Stoic

In the paper, The Economics of Szasz: Preferences, Constraints, and Mental Illness, Bryan Caplan summarizes Thomas Szasz’s views on mental illness and translates them into the language of economics. Caplan is an economist with a wide variety of interests. He is an interesting writer, thinker, and regularly provokes conversation on Twitter and his blog. Caplan won the Thomas Szasz Award in 2005 for the above-mentioned article. Caplan mentions on his blog that having a conversation with Szasz was a “highlight of my intellectual life“.

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Forging ahead, falling behind and fighting back: British economic growth from the industrial revolution to the financial crisis (

Notes On Liberty

Nick Crafts can be viewed as the doyen of British economic history. His major publications date back to the 1970s – a favorite of mine is this piece from 1977 on the role played by chance in determining whether the Industrial Revolution would occur in England or France.  He is also the joint author of the Crafts-Harley interpretation of the Industrial Revolution.  But, perhaps because the majority of his research focuses on British economic history, he remains highly underrated outside of the UK.  His new book Forging ahead, falling behind and fighting back: British economic growth from the industrial revolution to the financial crisis summarizes much of his research.

I’ve reviewed it for the Economic History Review. But given the whims of academic publishing, it may be a long time until my review appears in print so I’ve decided to post a preview of my draft below.

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Why was…

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