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Economy

  • Economy

    What Hamburger Helper Knows and GDP Misses

    by October 14, 2025
    by October 14, 2025

    By every official measure, the economy seems to be doing well. Personal income, disposable income, and consumption expenditures all increased.…

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  • Economy

    The Pandemic That Broke Our Faith in Modeling

    by October 14, 2025
    by October 14, 2025

    Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable reality that American society had…

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  • Economy

    Universal Childcare: Real Problem, Wrong Solution

    by October 13, 2025
    by October 13, 2025

    Governor Michelle Lujan Grisham announced in September that New Mexico will become the first state in the nation to guarantee…

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  • Economy

    Argentina’s Least-Competitive Sectors Fight Market Reforms

    by October 13, 2025
    by October 13, 2025

    Almost two years ago, the enthusiasm of the 56 percent of Argentine voters who called for “Freedom” when electing Javier…

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  • Economy

    How Self-Interest Civilizes Politics

    by October 10, 2025
    by October 10, 2025

    Why do people vote, protest, or boycott, when their individual actions almost never change political outcomes? Economists have long emphasized…

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  • Economy

    How Not to Run a Household — or a Country

    by October 10, 2025
    by October 10, 2025

    Donald and Melania Trump are eating breakfast together at Mar-a-Lago on the morning of January 21, 2029. At noon on…

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  • Economy

    FDR and the Quashing of Free Radio

    by October 9, 2025
    by October 9, 2025

    No president in American history had greater skill in the political uses of radio than Franklin Delano Roosevelt. His warm…

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  • Economy

    Mao’s Children: How Revolutionary Zeal Is Still Warping Young Minds

    by October 9, 2025
    by October 9, 2025

    Having read and written extensively (for example, here) about the suffering of the Chinese people under Mao, I was horrified…

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  • Economy

    Badger of Economics: Why We Still Need the Austrian School

    by October 9, 2025
    by October 9, 2025

    In mythology, the badger is an unlikely symbol of wisdom. Resourceful and persistent, it digs deep for hidden answers, and…

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  • Economy

    Have Mount Laurel Obligations Made New Jersey Housing More Affordable? A Synthetic Control Analysis of Housing Supply and Cost

    by October 8, 2025
    by October 8, 2025

    This paper investigates the effect of affordable housing obligations in New Jersey on cost of living, cost of housing, and…

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