Regulation adds “clutter” to an economy, sort of akin to creating an obstacle course that workers and businesses have to navigate in order to be productive. In other words, red tape makes it harder to be profitable. And that reduces incentives to invest. And every economic theory agrees that less investment means less prosperity. That’s […]
Is new technology that replaces a worker a good thing? We have a tendency, it seems to me, to believe that most previous inventions turned out to have overall net social benefits, but to be worried that all future inventions will instead have overall net social costs. Philipp Ager and Davide Coluccia tackle the question of…
The great historian David McCullough (1933-2022) won the Pulitzer prize for biography twice, for his books on Truman and John Adams, but he also wrote best-selling books on the Panama Canal, the Johnstown Flood, the Brooklyn Bridge, the Wright brothers, and others. Here are his comments in a 2002 interview with Bruce Cole on the…
(Theodore Roosevelt at his Sagamore Hill home). There are numerous memorable biographies of Theodore Roosevelt. The best include the three volume work of Edmund Morris, Henry Pringle’s Pulitzer prize winning effort, David McCullogh’s National Book Award MORNING ON HORSEBACK, and Kathleen Dalton, H.W. Brands, and Nathan Miller’s critical works, among others. There are also a […]
One of the BBC’s duties, alongside accurate and impartial news content, is to educate. The first public purpose item in the BBC’s Royal Charter… The post Why is the BBC Misrepresenting Jewish History? appeared first on CAMERA UK.
Pakistan has a remarkable political history. Prime ministers and presidents do not merely lose elections or retire from public life. They have repeatedly been arrested, imprisoned, disqualified from office, forced into exile or, in the most extreme case, executed. The temptation is to conclude that Pakistani politicians must simply be unusually corrupt. Corruption is certainly […]
The American defeats in Vietnam and Afghanistan are often compared as military and foreign-policy failures. But there is another comparison that matters at least as much: what happened to the people left behind after the Americans departed? If we put aside the destruction caused during the wars themselves and concentrate on their aftermaths, an important difference […]
Since the COVID-19 pandemic and the political upheavals that followed, concerns have grown that many Western democracies face authoritarian pressure and are becoming less democratic. This shift has renewed interest in one of political science’s most influential frameworks for understanding democratic and nondemocratic rule: Selectorate Theory, developed by Bruce Bueno de Mesquita, Alastair Smith, Randolph…
In 2012, I wrote that pro-market reforms had turned Chile into the Latin Tiger. But two years later, in 2014, I wrote a column fretting that a recently elected left-leaning government was going to undermine prosperity. Based on the Maddison data, my concerns were justified. The country’s economic performance can be divided into three periods. […]
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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