The jury is still out on which of two things — COVID-19 or the panic over COVID-19 — will cost more lives and do more damage to the global economy. My money’s still on the latter. In the meantime, I’ve developed a surefire, Groundhog Day type test for whether the emergency is over: Watch for Nobel laureate economist and New York Times columnist Paul Krugman to start trying to convince us it was, all in all, actually a GOOD thing.
Tag: logic
Reflections on Guatemala
I first journeyed to Guatemala 20 years ago, hosted by Universidad Francisco Marroquín. Two weeks ago, I returned for a delightful extended visit, accompanied by my Spanish-speaking elder sons and former EconLog blogger Jim Schneider. I spent over a week doing guest lectures at UFM, then gave Friday’s keynote talk for the Reason Foundation’s Reason in Guatemala conference. During our trip, we were also able to visit the awesome Mayan ruins of Tikal and Yaxha. Here are my reflections on the experience.
Preemptive Wealth Management
Most people have trouble with financial management at the paycheck to paycheck level. More money doesn’t magically solve that. The problems just get bigger and the stakes higher.
Why Don’t We Spend More Time Preparing for Death?
Death denial is widespread. Not just stuff like preparing a will or getting life insurance or creating succession plans. Many people (though not as many as would seem prudent) do these. They kind of check them off the list then try to never think about it again. Like maybe if we don’t confront it, it won’t happen? But it will.
If the Only Way You Can Get Your Great Idea Implemented…
Economics textbooks are full of clever-and-appealing policy proposals. Proposals like: “Let’s redistribute money to the desperately poor” and “Let’s tax goods with negative externalities.” They’re so clever and so appealing that it’s hard to understand how any smart, well-meaning person could demur. When you look at the real world, though, you see something strange: Almost no one actually pushes for the textbooks’ clever-and-appealing policy proposals.
The Benefits of My Evangelical Upbringing
I often wonder how people go about their lives acting on important core ideas and assumptions without seeming to have any interest in or feel any necessity to examine, define, and make logical sense of those ideas and assumptions. Being wrong is one thing. Being uninterested in examining tacit truth claims is another.
Going to Work on Doing What I Should
Over the past year, I came to realize how hungry people are to tell their stories. All you have to do is be willing to listen to them. With the rush of modern life, and with everyone’s nose seemingly stuck to their phone screen, listening to someone is one of the simplest acts of compassion you can perform.
“We” Should Not Regulate Homeschooling
Modern homeschooling encompasses an array of different educational philosophies and practices, from school-at-home methods to unschooling to hybrid homeschooling.
I Dream of Anarchy
As any good conversation about liberty ought to, it turned to the question of anarchy. Not in the positive, bomb-throwing sense. Anarchy simply meaning society without a political ruler, or without the initiation of violence. I shared with him a deep and rich body of thought, from Linda and Morris Tannehill, to Lysander Spooner, to Frank Chodorov, to Roy Childs, to David Friedman (Milton’s son), to Spencer Heath MacCollum, to Murray Rothbard, to Leo Tolstoy, to Leonard Read, to Randy Barnett, to John Hasnas, to Bruce Benson, to Robert Higgs, to Edward Stringham, to Peter Leeson, to Jeffrey Tucker and more.
When May We Be Happy?
I suspect that many readers are telling themselves, “This is going to be a great year once the vaccine brings us to herd immunity.” Wrong. This is going to be a great year starting today if you choose to make it great. And if you postpone happiness until society gets its act together, you’ll be waiting for a lifetime.