Open Borders Are a Trillion-Dollar Idea

Do I seriously think I am going to convert people to open borders with a short article—or even a full book? No. My immediate goal is more modest: I’d like to convince you that open borders aren’t crazy. While we take draconian regulation of migration for granted, the central goal of this regulation is to trap valuable labor in unproductive regions of the world. This sounds cruel and misguided. Shouldn’t we at least double-check our work to make sure we’re not missing a massive opportunity for ourselves and humanity?

Grateful I Don’t Live in California

My electricity went out for a little while a few days ago, but the power company was on the ball and power was restored in no time; long before it could have become inconvenient for anyone but the least prepared among us. By contrast, the electric utility in California plans to shut off power to hundreds of thousands of its paying customers. On purpose. For hours or days or however long they feel is necessary — without much warning or a chance to properly prepare — to prevent their substandard system from starting wildfires.

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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Get Off the Pendulum: The Trap of Reactionary Thinking

When I was younger, I used to enjoy riding Pharaoh’s Fury at the Coastal Carolina fair. This big sphinx-headed boat swung back and forth on a mechanical arm, terrifying and thrilling the riders, and (in our imaginations) we thought about what it would be like if it went upside down – dumping us all out. This ride is much like how most people and cultures do their thinking about values in politics, religion, and cultural norms. We swing in one direction, then another, then back again.

Is Rad a Word?

Today I was with a group that was in danger of reaching consensus on the idea that our language was deteriorating, and the blame lay primarily with youth.  Then several stories were shared to show the overwhelming presence of the problem.   But then several inputs were added to counter the anecdotes, so we drifted toward a greater probability — that language is constantly changing, sometimes looking distressed or appearing immortal.