Watch “Professor Deirdre McCloskey: How Ideas can Change the World
29 Aug 2019 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, industrial organisation, law and economics, liberalism, Marxist economics, property rights, Public Choice
Can Markets Corrupt Social Values? Sandel discovers that Judge Posner is a lawyer. (Death bonds are a great innovation too)
27 Aug 2019 Leave a comment
in applied welfare economics, comparative institutional analysis, law and economics, property rights, Richard Posner Tags: anti-market bias
Exploring Liberty: The Problem of Political Ignorance
27 Aug 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of information, law and economics, politics - USA, Public Choice, public economics, rentseeking Tags: rational ignorance
Lee Ohanian on crisis management
26 Aug 2019 Leave a comment
in budget deficits, business cycles, comparative institutional analysis, economic growth, economic history, economics of bureaucracy, economics of regulation, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, industrial organisation, labour economics, labour supply, macroeconomics, monetary economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice

George Stigler (1949) on the increasing obsession of economists with income distribution
26 Aug 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic history, George Stigler, labour economics, poverty and inequality Tags: pessimism bias

Posner and Epstein Debate the Patent System 2012
25 Aug 2019 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economics of information, entrepreneurship, health economics, industrial organisation, law and economics, Richard Epstein, Richard Posner, survivor principle Tags: patents and copyright
Tullock on juries
25 Aug 2019 Leave a comment
in comparative institutional analysis, economics of crime, economics of education, economics of information, human capital, labour economics, labour supply, law and economics Tags: juries

The Chinese and Russian transitions explained
24 Aug 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, industrial organisation, Marxist economics, Public Choice, rentseeking Tags: China, economics of federalism, fall of communism, Russia

How the marketplace for ideas deals with Nazis when do-gooders aren’t making things far worse with censorship
23 Aug 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of crime, law and economics, politics - USA Tags: free speech, The fatal conceit, unintended consequences






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