The good news is that Europe has a lot of economic freedom by world standards. Especially Western Europe. The bad news is that economic freedom has been declining in Western Europe. To make matters worse, Europe has a big demographic problem, with a growing number of older people over time who have been promised benefits […]
Most people know that the number of drinkers and smokers is in decline in the UK, but you might be surprised to hear that the same is true of gamblers. For the first time since the early 1990s, gamblers are in the minority with only 48% of English adults engaging in any gambling activity in…
In this Free Press article, Steve Pinker and Marian Tupy (the latter identified as “the founder and editor of HumanProgress.org, a senior fellow at the Cato Institute, and co-author of Superabundance”) once again recount the undoubtable progress that humanity has made over the past six or seven centuries. The progress described here will be familiar…
For centuries, atheists, Christians, and Jews have regarded one another as intellectual and cultural adversaries. Their disagreements are real and often profound. They disagree about the existence of God, the authority of scripture, the nature of morality, the meaning of history, and the destiny of humanity. These disputes have generated entire libraries of argument and […]
In editing two papers on Asian American immigration for the Winter 2026 issue of the Journal of Economic Perspectives (where I work as Managing Editor), I found myself musing over two alternative histories: one about more such immigration, one about less. Hannah Postel describes “Asian Immigration to the United States in Historical Perspective” (Journal of Economic…
Based on a video from the Center for Freedom and Prosperity back in 2010, as well a video from Johan Norberg I shared in 2016, there’s a lot to learn by looking at Swedish economic history. Here’s a more recent video that also looks at that nation’s economic track record. You’ll notice a similar message […]
Today we celebrate the signing of the Treaty of Waitangi – a day which should be called Emancipation Day. For on the 6th of February 1840, slavery became illegal in New Zealand. The granting of British citizenship to Maori freed the slaves in law (the practice took a while longer to end) Slavery was not…
Jan. 24 marked the 20th anniversary of the release of Al Gore’s alarmist global warming movie “An Inconvenient Truth.” Gore has surfed the movie and climate alarmism to a net worth estimated at $300 million and a Nobel Peace Prize.
Donald Trump, who describes himself as “Tariff Man,” recently wrote a column in defense of his protectionist trade policy for the Wall Street Journal. After reading the column, my first thought was that Trump was trying to show he is more economically illiterate than Joe Biden (a big challenge, as seen here and here). And […]
When a truly great new invention appears, people rarely greet it with the reverence that hindsight later bestows. Instead, they squint at it through the lens of the familiar. They ask: What is this like? And because it is not like anything they already know, they underestimate it. History is littered with inventions that, at […]
Unless you’re a policy wonk, I realize “exciting” may not be the right word to describe new developments in public-finance economics. For nerds, however, three economists at the Joint Committee on Taxation have some important new research on the Laffer Curve. The study, authored by Rachel Moore, Brandon Pecoraro, and David Splinter, concludes that the […]
TweetPhil Magness’s new essay on the origins of the vague and derogatory term “neoliberalism” is superb. A slice: While most versions of the neoliberal label still come from the academic left today, the term has come back into favor within a certain, curious strand of the right. Conservative writers such as Patrick Deneen, Adrian Vermeule,…
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
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