Magnitude Matters

David Henderson has written two very good pieces recently at the Hoover Institution's Defining Ideas.  They are a two-part discussion on...

My wife and daughter just returned from a delightful long weekend in Santa Fe, NM. The entire family will return soon to Saint Francis's...

Consider this graph from the COVID-19 vaccine page on the CDC's website:  Notice the red trendline, which is the 7-day moving average o...

The Fixed Window Fallacy is an error in reasoning whereby people believe they know or can know what is nice/preferred/optimal. This line of ...

I hate having to do this, but I feel it is necessary to add to my list of the   low-hanging fruit of public policy where 90% solutions (imp...

Partial list of areas where there might be a market failure and I might  support government intervention: Masks and social/physical distanc...

It has been too long since I shared things worth reading... Scott Sumner explains just how rigged it all is in America, and how despite t...

These are addenda to The Big Five .  While The Big Five were largely federal issues, these (2/3) are largely state and local issues. Su...

Let's start with a trip out of town . Got your playlist ready? Sherman, to the Way Back Machine! Read Jeffrey Tucker's sensible, ...

Test your ability to think like an economist by finding the link between these two stories: Ice storm creates demand for chainsaws across ...

Visit these  18 fabulous libraries . Go there (someday) in a "windowless" airplane . Ask if you can fly a drone around inside to...

Arnold Kling writes : For-profit firms ultimately are accountable to customers, while nonprofit enterprises are only accountable to donors...

I believe there is a fundamental flaw in the U.S. Constitution and federal government structure. As foresightful as the founders were, they ...

Me: "Look what just came in the mail!" Me: "Wow! $100 off a case of wine. I really like wine. I'll put this to good ...

Imagine two rooms: one is a group of consumers and one is a group of producers. For now the rooms are completely isolated from one another. ...

Back from bi-coastal travel with a backlog of blogs to write. Let's start with some links to get us caught up: What is probably most a...

I've thought about this idea for some time, and I continue to see examples of it. It isn't original to me except maybe to the extent...

A $22 per hour minimum wage might be reasonable. Here is a telling passage from the full article on Huffington Post: "If we start...