The Poverty of Mushy Environmentalism – Econlib
Contrary to what economists believe, there are no scarce resources. The public debt is a “social convention” as are government ...
Tag: Econlib
How to “Run the Economy” Is a Loaded Question – Econlib
I will let my readers separate the grain from the chaff—and there is both—in the piece of a Wall Street ...
The Wolf is Getting Closer – Econlib
Over the past 90 years, the public has frequently been warned that the US budget deficit would lead to an ...
A Target Band for Inflation? – Econlib
David Beckworth directed me to this tweet: If the Fed had a single mandate to target inflation, then there would ...
A Tribute to Adam Smith – Econlib
a The great Adam Smith was born sometime in early June 1723. I’m not going to spend time figuring out ...
Elon Musk, Edward Luce, and Libertarianism – Econlib
Hyperbole has its rhetorical or pedagogical advantages, but it must not overcome reality. I am not casting the first stone ...
Socialism Is as Socialism Does – Econlib
Some concepts in political economy operate like a Rorschach test. When someone defines them, you often learn more about them ...
A Wealth Tax Reality Check – Econlib
At every opportunity, President Joe Biden has pressed a central tenet of his social agenda: “Extremely wealthy Americans don’t pay ...