Peter Leeson: Why Self-Governance Works Better Than You Think (1h7m)

This episode features a lecture by economics and law professor Peter Leeson from 2016. Leeson uses rational choice theory to explore the benefits of self-governance. Relying on experience from the past and present, Professor Leeson provides evidence of anarchy ‘working’ where it is least expected to do so and explains how this is possible. Provocatively, Leeson argues that in some cases anarchy may even outperform government as a system of social organization, and demonstrates where this may occur.

Social Desirability Bias vs. Tourism

Economically speaking, there’s a straightforward win-win case for these Mexican resorts: Not only do they make the tourists happier; they make the Mexicans happier by providing them with better opportunities than they have elsewhere in the Mexican economy. If you reconsider this verdict through the distorted lens of Social Desirability Bias, though, a radically different picture appears before your eyes.  Once you forget economics, you could easily describe the resort experience in the following sordid way.

Homeless Camping in Austin: A Modest Proposal

This winter, I’m a visiting scholar at the University of Texas.  Though Austin is gorgeous, visitors can’t help but notice vast homeless villages scattered throughout the city.  Local sources tell me that this is driven by Austin’s repeal of the ban on homeless camping.  One of the economists I’ve met here has written a Swiftian proposal for reforming Austin’s approach.  The author prefers to remain anonymous, but this is printed with his permission.  Engage your sense of satire, and enjoy!