Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
As of late 2016, the adult work rate in America was still at its lowest level in more than 30 years. To put things another way: If our nation’s work rate today were back up to its start-of-the-century highs, well over 10 million more Americans would currently have paying jobs.
Can the US Hold China Responsible for the Pandemic?
Menzie Chinn invokes the CBO “estimates” to argue against those who say the stimulus didn’t work. . . .
Brad DeLong mocks Steve Horwitz here for suggesting that the stimulus didn’t create jobs. . . .
David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .
I’ll be testifying before the Joint Economic Committee tomorrow (Thursday) at 10 am eastern time. . . .
Brad DeLong has an interesting post at TPM Cafe (HT: Arnold Kling at EconLog)...
More than fifty audiotapes in the records of the Mont Pèlerin Society, an international organization of laissez-faire economists, have been digitized for preservation and access by Hoover's audio lab. Many of the tapes contain proceedings of four of the society's meetings, held from 1956 to 1960. The 1958 meeting, in Princeton, New Jersey, featured Friedrich A. von Hayek, Milton Friedman, Ludwig von Mises, William H. Hutt, and other economists discussing the welfare state, agricultural economics, inflation, and monetary policy.
It Is Time to Refocus on Education, R&D and Innovation If We Are to "Think Different" and Remain Competitive
I have often wondered what it takes for a dominant economy to fail as Spain did in the late 17th Century, France did in the late 18th Century, or the Ottoman Empire did in the mid-19th Century. . . .
Nearly one hundred and fifty audiotapes of lectures delivered at the Institute for Humane Studies have been digitized for preservation and access by Hoover’s audio lab. The institute is a US nonprofit organization that promotes laissez-faire economics. The tapes include lectures on economics and political theory by Milton Friedman, Friedrich von Hayek, John Jewkes, Arthur Kemp, Felix Morley, Bruno Leoni, Jacques Rueff, and others.
Though economics as a discipline arose in Great Britain and France at the end of the eighteenth century, it has taken two centuries to reach the threshold of scientific rationality...
These are exciting though scary revolutionary times, akin to the constant acrimony in the fourth-century BC polis, mid-nineteenth century revolutionary Europe, or — perhaps in a geriatric replay — the 1960s. . . .
Jesús Fernández-Villaverde, Professor of Economics at the University of Pennsylvania, discussed his future book with Lee Ohanian: Capitalism and Freedom in the 21st Century.
Douglas Irwin, professor of economics at Dartmouth College, explains and defends free trade.
Michael Spence, a senior fellow at the Hoover Institution and the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University who was awarded the Nobel Memorial Prize in Economic Sciences and the John Bates Clark Medal from the American Economic Association, discusses, with CNBC’s Maria Bartiromo, the changing fortune of the US economy in the twenty-first century.
Drought may not be destiny, but a critical ingredient for democratic societies does seem literally to fall from the skies. By Stephen H. Haber and Victor Menaldo.
For an economist, these are the best of times and the worst of times. . . .
New technologies have produced a boom in oil and natural gas right here in the United States—and given us a chance to liberate our foreign policy. By Victor Davis Hanson.
And if they put their new freedoms to work, they won’t even remain poor. By Gary S. Becker.