Yes, “incentives matter” helps the case for some right-wing policies. But “incentives matter” also helps the case for some left-wing policies. If you think textbook economics is misleading – as I often do – you should do a full rethinking of your policy views. Don’t just single out the policies you dislike because they rest on questionable assumptions. Scrupulously investigate the implications for policies you like, too.
Tag: economics
Christopher Coyne: Why Humanitarian Action Fails (46m)
This episode features a lecture by economics professor Christopher Coyne from 2014. He discusses the sometimes disastrous unforeseen consequences of poorly-planned humanitarian interventions around the world.
Outschool.com Takes Education Out Of Schooling
Supporting education beyond schooling is a key feature of many educational technology platforms. While some may be integrated into conventional classrooms, complementing a traditional curriculum, emerging technology is increasingly helping to separate education from schooling and catalyze new models of K-12 learning. As its name implies, Outschool.com is focused on out-of-school learning that helps families and organizations to access high-quality content in an array of subjects. Its flexibility and variety engage learners around the world and facilitate the expansion of new learning communities outside of standard schooling.
Joseph Salerno: Calculation and Socialism (46m)
This episode features a lecture by economics professor (emeritus) Joseph Salerno from 2019. The topic of the lecture is the possibility, or impossibility, of rational economic calculation under a socialist political order.
In Praise of Spontaneous Order
My girls and I recently spent several days in New York City, where I filmed this clip about unschooling and self-directed education. We decided to make it a field trip, enjoying a Broadway show, Central Park, and the Metropolitan Museum of Art. Although I have been a city dweller in Boston for over 20 years, it pales in comparison to New York City’s size and scale. Walking through Times Square, the phrase that kept popping into my head was: spontaneous order.
Do You Talk About X in Open Borders? Yes!
The modal question about Open Borders is, “Do you talk about X?” The answer is “YES” for all of the following…
The Roots of Inertia
Why don’t low-skilled workers try harder to better their condition? While this might seem a neoliberal question, it weighs on Barbara Ehrenreich’s mind: I was baffled, initially, by what seemed like a certain lack of get-up-and-go on the part of my fellow workers. Why didn’t they just leave for a better-paying job, as I did when […]
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Build, Barbara, Build: Reflections on Nickel and Dimed
I can understand someone saying, “Deregulation isn’t enough.” But you could double the supply of public housing without making a noticeable dent in the housing shortage. Rent subsidies are much easier to scale up, but subsidizing demand without increasing supply is almost the definition of crazy policy. Furthermore, if you want to create high-paid job opportunities for non-college workers, a rapidly growing construction sector is a dream come true.
Thomas DiLorenzo: Ten Things You Should Know about Socialism (50m)
This episode features a lecture by economics professor and Austro-libertarian Thomas DiLorenzo from 2016. He looks at the many aspects of socialism and why its a disastrous economic system for liberty and prosperity.
Letter from a Pakistani Homeschooler
I recently received this email from Pakistani homeschooler Fasih Zulfiqar. I advised him to seek out econ professors at the nearest universities, but he’d likely appreciate further advice. Reprinted with his permission. Hello Prof Bryan, Fasih here. Perhaps Prof Cowen informed you about me, but in case he did not, let me introduce myself. I’m […]
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