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Channel: The Future Archives - Cafe Hayek
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TweetKevin Williamson is brilliant. Here he eviscerates progressives, as well as conservatives such as Marco Rubio and Michael Brendan Dougherty, whose advocacy of industrial policy and other forms of...

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I’m Still Not the Least Worried About AI Causing Lasting Unemployment

TweetHere’s an e-mail to an economics undergraduate who (I boast) says that his brother “is a fan of Cafe Hayek.” Mr. Chad: Thanks for your e-mail. And please pass along my thanks to your brother for...

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TweetTyler Cowen understandably accuses Thomas Piketty of being “out to lunch” in the latter’s bizarre and, frankly, ignorant attempt to justify the Soviet Union’s hostility to the private ownership of...

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Why Take the ‘Climate Change’ Crowd’s Case for More Government Power Seriously?

TweetI believe that such a track record – as uncovered here by Maxim Lott – conveys scientifically valid and useful information. I’m tired of hearing that anyone who refuses to embrace every proposal...

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The Burden of Deficit Financing is Real

TweetHere’s a letter to Café Hayek commenter James Leonard Hudson: Mr. Hudson: Thanks for your comment in which you express disagreement with my AIER column titled “A Swollen River of Indebtedness.”...

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Johan Norberg Channels Julian Simon

TweetIn this short video, Johan Norberg busts the myth that resource scarcities – which are indeed unavoidable – impose or imply limits to economic growth that raises everyone’s living standards. The...

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Bonus Quotation of the Day…

Tweet… is one to which Oren Cass, Daniel McCarthy, and other enthusiasts for protectionism and industrial policy should pay attention; it is from pages 68-69 of Chapman University’s Bas Van Der...

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Bonus Quotation of the Day…

Tweet… is from page 7 of the late Charles Schultze’s sadly still relevant Fall 1983 Brookings Review article, “Industrial Policy: A Dissent”: The first problem for the government in carrying out an...

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Quotation of the Day…

Tweet… is from page 346 of Matt Ridley’s important 2010 book, The Rational Optimist: The future will feature ideas that are barely glints in engineers’ eyes right now – devices in space to harness the...

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TweetMy intrepid Mercatus Center colleague Veronique de Rugy wisely warns us of Bernie Sanders’s economically ignorant radicalism. George Will warns us of the dangers in Elizabeth Warren’s hypocritical...

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Quotation of the Day…

Tweet… is from page 287 of Matt Ridley’s indispensable 2010 book, The Rational Optimist (link added): ‘We cannot absolutely prove,’ said Macaulay in 1830, ‘that those are in error who tell us that...

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TweetMy intrepid Mercatus Center colleague Veronique de Rugy exposes flaws in the FAMILY Act – a proposed new scheme to have government orchestrate more paid family leave. A slice: Finally, but...

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Quotation of the Day…

Tweet… is from page 263 of George Will’s superb 2019 book, The Conservative Sensibility: There is a clear and present danger that America’s sterling contribution to the Great Enrichment might be...

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More on Responses to COVID-19

TweetMy intrepid Mercatus Center colleague Veronique de Rugy and I have a new op-ed that went out last night over the Tribune’s wire service. Our essay is on responses to the outbreak of coronavirus....

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Quotation of the Day…

Tweet… is from page 183 of Arthur Diamond, Jr.’s excellent 2019 book, Openness to Creative Destruction: Sustaining Innovative Dynamism (footnote deleted): Steve Wozniak was one of the best inventors of...

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Destructive Creation Differs from Creative Destruction

TweetHere’s a letter to the Wall Street Journal: Editor: Unsurprisingly, much wisdom is woven throughout my great emeritus colleague Vernon Smith’s counsel of hope about the post-COVID-19 economy (“The...

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End the Lockdown!

TweetWriting for AIER, David Henderson makes an informed, eloquent, and powerful case for governments to end the economic lockdown now. Read the whole thing, but here are a few slices: Congress and the...

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TweetPierre Lemieux rightly celebrates black markets. And in doing so he exposes the immorality of those who suppress markets (or who support market suppression) while themselves – and quite unlike...

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Just Say No to Protectionism

TweetHere’s a letter to my friend T. Alan Russell: Alan: Thanks for your e-mail. It’s always good to hear from you. You’re correct that the media and blogosphere now reverberate with what you call...

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TweetMy intrepid Mercatus Center colleague Veronique de Rugy is rightly appalled by Marco Rubio’s mix – displayed in the senator’s recent essay in the New York Times – of ignorance, arrogance, and...

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