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by John H. Cochranevia Wall Street Journal
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interview with Stephen Habervia Wall Street Journal Live
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by John B. Taylorvia Wall Street Journal

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Analysis and Commentary

Was There A Housing Bubble?

by David R. Hendersonvia EconLog
Thursday, December 12, 2019

In his recent book Shut Out, Kevin Erdmann, a finance expert and visiting fellow at the Mercatus Center at George Mason University, has two main messages.

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The Libertarian: The China Quandary

interview with Richard A. Epsteinvia The Libertarian
Wednesday, December 4, 2019

How much can the U.S. do to protect human rights in China while still advancing our nation interests?


Only In California: Housing Deregulation Increases Housing Regulations

by Lee Ohanianvia California on Your Mind
Tuesday, December 3, 2019

This would be a head-scratcher anywhere but in California. Two years ago, state lawmakers passed legislation to expedite housing approval by exempting some projects from environmental lawsuits and zoning appeals. This legislation can cut the approval process by a decade or more and reduce costs enormously. So why is hardly anyone using it? 

Analysis and Commentary

Nasty, Brutish, And Long

by David R. Hendersonvia EconLog
Monday, December 2, 2019

The picture above is of Bob Tollison. Steve Landsburg, true to form, has a provocative post in which he wonders if the increase in opioid deaths could be a good sign–a sign that people are celebrating their lives by using opioids. That’s not a hill I’m willing to die on–the argument or the opioids–but it’s an interesting point nevertheless.

Analysis and Commentary

Some Pre-Thanksgiving Good News

by David R. Hendersonvia EconLog
Wednesday, November 27, 2019

I’ve noticed a few encouraging developments in the last few days that don’t merit their own blog post but do merit items in an overall post.


David Davenport: Beware The Regulator

by David Davenportvia Townhall Review
Monday, November 25, 2019

Many see Bernie Sanders and Elizabeth Warren as two peas in the liberal Democratic pod but they are actually quite different. Bernie Sanders is a revolutionary who wants to change what he calls the rigged American system. He comes from a European political tradition, socialism, and seeks to turn the economic order upside down.

Analysis and CommentaryHealth Care

Free Market Health Care

by John H. Cochrane quoting Russell Robertsvia Grumpy Economist
Tuesday, November 19, 2019

Russ Roberts has a great econtalk podcast, interviewing Keith Smith of the Surgery Center of Oklahoma Click on that link, roll over the areas of your body that hurt, and find out exactly how much it will cost to fix them.

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The Libertarian: Against ‘Common Good Capitalism’

interview with Richard A. Epsteinvia The Libertarian
Tuesday, November 26, 2019

Marco Rubio’s misguided attempt to upend American economic policy.

Blank Section (Placeholder)FeaturedEconomy

Area 45: John Cochrane: Wealth Under Attack

interview with John H. Cochranevia Area 45
Wednesday, November 20, 2019

Why are wealthy people being demonized and how and why did “wealth” became a pejorative term?

Analysis and Commentary

Duflo And Banerjee's Deficient Thinking On Incentives, Part II

by David R. Hendersonvia EconLog
Tuesday, November 12, 2019

Last week, I wrote Part I of my critique of a recent long article in the New York Times by new Nobel Prize in economics winners Esther Duflo and Abhijit Banerjee of MIT. The op/ed is titled “Economic Incentives Don’t Always Do What We Want Them To,” New York Times, October 26, 2019. This is Part II of the critique.


Economic Policy Working Group

The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple