Articles
The Hidden Cause Of The Industrial Revolution
What if the Industrial Revolution began not with steam, but with property rights?
August 17, 2026 • 72 Min Watch
John Cochrane analyzes how a lack of market forces have impeded everything from the development of a COVID vaccine, to its distribution, to efforts to get the economy reopened.
Articles
What if the Industrial Revolution began not with steam, but with property rights?
August 17, 2026 • 72 Min Watch
Articles
Research on teacher value added finds substantial differences in how teachers affect student achievement and longer-term outcomes, including college attendance and earnings. Yet traditional salary schedules base compensation largely on experience and credentials rather than effectiveness. Hoxby examines whether differentiated compensation can better reflect teachers’ contributions, drawing on evidence from Wisconsin showing gains in student achievement and the recruitment of effective teachers.
August 14, 2026
Articles
Be careful about identifying “chokepoints” and don’t overlook the value of restraint and rules.
August 13, 2026