Celebrating humanity's flourishing through the spread of capitalism and the rule of law
01 Sep 2026 Leave a comment
in applied price theory, Austrian economics, economics of information, entrepreneurship, F.A. Hayek, history of economic thought, industrial organisation, Ludwig von Mises, market efficiency, Ronald Coase, Ronald Coase, Ronald Coase, theory of the firm
The wealth and technological sophistication of modern society are readily apparent. Less visible, but no less remarkable, is its ability to coordinate the actions of billions of people who know almost nothing about one another’s circumstances. Every day we make decisions without possessing most of the information on which those decisions ultimately depend. We purchase…
‘The Use of Knowledge in Society,’ by Friedrich A. Hayek
31 Oct 2024 Leave a comment
in applied price theory, economics of information, environmental economics, law and economics, property rights, Ronald Coase
Here’s the latest video from Marginal Revolution University. It covers negative externalities–drawing, of course, from the most innovative and interesting principles of economics textbook, Modern Principles of Economics. MRU videos are free for anyone’s use anytime, anywhere and don’t forget there are also two new econ-practice games on negative externalities and positive externalities and a fun choose […]
New MRU Video! Negative Externalities
26 Jun 2024 Leave a comment
in applied price theory, entrepreneurship, history of economic thought, industrial organisation, law and economics, Ronald Coase Tags: competition law
Nobel Laureate Ronald Coase once quipped that he left antitrust because “When prices go up, its monopolization, when prices fall it’s predation, and when they stay the same it’s collusion.” As if to illustrate this idea, the FTC’s Chair is reversing herself to bring a case against Amazon. On one hand, booksellers argue that Amazon…
When life imitates comedy: FTC’s Amazon Flip Flop
13 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, macroeconomics, Public Choice, public economics, rentseeking, Ronald Coase Tags: Argentina
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War II, Argentina has suffered a dramatic decline in relative living standards. However, something shocking has […]
An Upside-Down Economic History of Argentina
12 Oct 2023 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase, Ronald Coase, theory of the firm
26 Sep 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of information, history of economic thought, law and economics, Ronald Coase, Ronald Coase, theory of the firm
25 Sep 2023 Leave a comment
in applied price theory, comparative institutional analysis, history of economic thought, law and economics, property rights, Ronald Coase, Ronald Coase
07 Oct 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, David Friedman, economics of crime, economics of information, environmental economics, history of economic thought, industrial organisation, law and economics, property rights, resource economics, Richard Posner, Ronald Coase Tags: air pollution, noise pollution
06 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, economics of information, economics of regulation, Gary Becker, George Stigler, industrial organisation, law and economics, Ronald Coase, Sam Peltzman, survivor principle
30 Sep 2021 Leave a comment
in applied price theory, comparative institutional analysis, environmental economics, history of economic thought, industrial organisation, law and economics, property rights, Public Choice, Ronald Coase
12 Feb 2021 Leave a comment
in applied price theory, comparative institutional analysis, David Friedman, economic history, economics of crime, economics of information, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase
10 Feb 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economic history, economics of crime, history of economic thought, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, property rights, Richard Posner, Ronald Coase
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
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.”
Researching the House of Commons, 1832-1868
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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