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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...
View ArticleI’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...
View ArticleWhy 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...
View ArticleThe 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.”...
View ArticleJohan 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...
View ArticleBonus 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...
View ArticleBonus 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...
View ArticleQuotation 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...
View ArticleQuotation 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...
View ArticleQuotation 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...
View ArticleMore 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....
View ArticleQuotation 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...
View ArticleDestructive 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...
View ArticleEnd 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...
View ArticleJust 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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