Magnitude Matters

This email from Marco Bresba to Tyler Cowen on food versus music as social status signature really resonated with me. I have always been...

Alternatively titled, "I Wish I Were BIG". An idea that has been percolating for a couple years now is a replacement of the curr...

Trump wants to “win” international trade, and he is considering renegotiation of finalized deals and taxes (for imports) and subsidies (for...

Let us begin with all the answers:  The Cato Handbook for Policy Makers - it reads like stereo instructions for solving public policy probl...

It is hard to stop planning--to go from preparing, which is safe and a bit fun, to actually doing. It can be hard to actually use stuff you...

This month saw the passing of two giants. Not many people in history truly change minds. These two men did. Kenneth Arrow : Among his many...

Well, we are one month into the greatness. And it has been stellar! Unemployment went from being a horrific 4.7% to a terrific 4.8%.  Pr...