Robuta

https://www.econtalk.org/ EconTalk Podcast Archive - Econlib podcast archiveecontalkeconlib https://www.econlib.org/econlog/ EconLog - Econlib econlogeconlib https://www.econlib.org/econlog-by-category/ EconLog by Category - Econlib by categoryeconlogeconlib https://www.econlib.org/goods-services-and-tariffs/ Goods, Services, and Tariffs - Econlib Aug 25, 2024 - Over a long period of time, the US economy has been shifting away from goods and toward services. If the US switches to a high tariff policy, this would... services and tariffsgoodseconlib https://www.econlib.org/author/bcaplan/ Bryan Caplan, Author at Econlib bryan caplanauthoreconlib https://www.econlib.org/sample-page/submission/ Submissions - Econlib Feb 11, 2026 - Econlib publishes short-form and timely pieces on its EconLog website and longer-form articles on Econlib. These pieces employ the economic way of thinking to... submissionseconlib https://www.econlib.org/ Econlib - The Library of Economics and Liberty May 8, 2026 - These free resources are appropriate for teachers of high school and AP economics, social studies, and history classes. They are also appropriate for interested the libraryeconlibeconomicsliberty https://www.econlib.org/econlog-by-author/ EconLog by Author - Econlib by authoreconlogeconlib https://www.econlib.org/archives/2009/10/obesity_and_dom.html Obesity and Dominance Reconsidered - Econlib Apr 5, 2018 - Robin chastises: Yet it is completely crazy to imagine that fat folks have not yet heard that fat might be unhealthy or unattractive. Believe me, they’ve... obesitydominanceeconlib https://www.econlib.org/archives/2011/09/how_open_is_the.html How Open Is the U.S. Border? - Econlib Apr 5, 2018 - How open is the U.S. border? There are many measures, but my favorite is: How many months’ wages do immigrants pay smugglers (“coyotes”) to get them across the... is theopenubordereconlib https://www.econlib.org/archives/2010/04/the_simplest_na.html The Simplest Narrative - Econlib Apr 5, 2018 - Arnold ably identifies two main narratives about the 2008 financial crisis. But he neglects the simplest narrative of all: Once in a century, a... simplestnarrativeeconlib https://www.econlib.org/archives/2013/02/amazing_dan_kle.html Amazing Dan Klein - Econlib Apr 5, 2018 - I’m puzzled by Dan Klein’s recent guest post. I trust his empirics. Indeed, I prize them. But what do they show? As far as I can tell, Dan’s empirics show that... dan kleinamazingeconlib https://www.econlib.org/response-from-a-pro-life-utilitarian-sort-of/ Response from a Pro-Life Utilitarian (Sort of) - Econlib Sep 7, 2021 - Six years ago, I asked, “Where are the pro-life utilitarians?” Recently I received this response, reproduced anonymously at the author’s request. Hey Bryan,... from apro liferesponseutilitariansort https://www.econlib.org/archives/2012/05/the_ethos_of_ar.html The Ethos of Arthur Brooks - Econlib Apr 5, 2018 - Ethos (Credibility), or ethical appeal, means convincing by the character of the author. We tend to believe people whom we respect. One of the central problems... the ethosarthur brookseconlib https://www.econlib.org/archives/2010/05/weight_classes.html Weight Classes for Prisons Revisited - Econlib Apr 5, 2018 - I’ve learned that I’m not the only person to propose weight classes for prisons. Here‘s Philip Ellenbogen in the Columbia Journal of Law and Social Problems:... weight classesfor prisonsrevisitedeconlib https://www.econlib.org/archives/2008/12/return_to_neptu_2.html Return to Neptune, III: Do Tax Breaks Mimic the Market? - Econlib Apr 5, 2018 - Rod seems to see tax breaks purely through a special interest lens: Corporations lobby the government for a special deal, and governments respond at the... return totax breaksthe marketneptuneiii https://www.econlib.org/the-illogic-of-collective-guilt/ The Illogic of Collective Guilt - Econlib Sep 23, 2020 - A while back, I ran the following set of Twitter polls on collective guilt. Here’s what people think at the most abstract level. How often are people... illogiccollectiveguilteconlib https://www.econlib.org/archives/2009/11/hummel_responds.html Hummel Responds - Econlib Apr 5, 2018 - Jeff Hummel sent me a gentlemanly response to my critique of his WWII revisionism lecture: While I usually appreciate attention, I wasn’t expecting it in this... hummelrespondseconlib https://www.econlib.org/archives/2008/07/rivers_on_polli.html Economists' Bipartisan Bailout Opposition - Econlib May 12, 2021 - A new op-ed by John Lott finds that elite economists join the general public in opposing the Paulson bailout: Interviews conducted with a dozen prominent... economistsbipartisanbailoutoppositioneconlib https://www.econlib.org/when-wrong-wins/ When Wrong Wins - Econlib Sep 11, 2018 - In the real world, the wrong side often wins. The Bolsheviks won the Russian Civil War. The Nazis won Germany’s 1933 election. North Vietnam won the Vietnam... wrongwinseconlib https://www.econlib.org/archives/2009/07/mainstream_mark.html Mainstream Marketing vs. the Central Six - Econlib Apr 5, 2018 - After faulting economists for ignoring marketing, Geoffrey Miller harshly attacks mainstream marketing for ignoring what he calls the “Central Six” – IQ plus... mainstream marketingthe centralvssixeconlib https://www.econlib.org/tetlock-the-prophet/ Tetlock the Prophet - Econlib Sep 10, 2019 - The replication crisis had made it fashionable to mock social psychology, but this 2000 article on “The Psychology of the Unthinkable” by Phil Tetlock and... the propheteconlib https://www.econlib.org/the-fertility-of-city-states/ The Fertility of City-States - Econlib Apr 7, 2021 - Urban fertility is markedly lower than rural fertility. In the U.S., for example, rural women ultimately have about .24 more children than urban women. The... city statesfertilityeconlib https://www.econlib.org/archives/2013/12/a_fortune_cooki.html A Fortune Cookie for Ron Unz - Econlib Apr 5, 2018 - Ron Unz is crusading to raise the minimum wage. He also publicly admits that he’s never opened an economics textbook. Most econ professors would be inclined to... fortune cookieron unzeconlib https://www.econlib.org/archives/2013/01/billie_holiday.html Billie Holiday on Occupational Licensing - Econlib Apr 5, 2018 - Billie Holiday, arguably the greatest jazz vocalist of all time, was also a heroin addict. After serving her first prison term for narcotics possession, she... billie holidayoccupational licensingeconlib https://www.econlib.org/archives/2017/05/nationalism_is.html Nationalism Is Not News - Econlib Apr 5, 2018 - In the last two years, there’s been an avalanche of news on the “rise of nationalism.” I find this narrative deeply aggravating. My critics – even a colleague... is notnationalismnewseconlib https://www.econlib.org/thats-cricket/ Is That Cricket? - Econlib Sep 24, 2019 - If I were trying to oust the Conservative Party right now, here’s what I’d do, in order: 1. Force Boris Johnson to delay Brexit, in order to (a) make hard-line... cricketeconlib https://www.econlib.org/archives/2015/10/superforecastin.html Superforecasting: Supremely Awesome - Econlib Apr 5, 2018 - I’m already an unabashed Tetlock fanboy. But his latest book, Superforecasting: The Art and Science of Prediction (co-authored with Dan Gardner but still... superforecastingawesomeeconlib https://www.econlib.org/the-discouraged-suitor/ The Discouraged Suitor - Econlib Jul 23, 2019 - Labor economists occasionally have a crisis of faith. After years of scrutinizing the unemployment rate, they suddenly remember… discouraged workers. Who are... discouragedsuitoreconlib https://www.econlib.org/archives/2009/03/fiscal_futility.html Fiscal Futility: Helping Brad Understand - Econlib Apr 5, 2018 - Brad DeLong pleads perplexity: I simply do not understand their arguments that government spending cannot boost the economy. As far as I can tell, they are... fiscalfutilityhelpingbradunderstand https://www.econlib.org/archives/2011/07/mortgage_loans.html Mortgage Loans with Low and High Risk - Econlib Apr 5, 2018 - David Min criticizes the analysis of Peter Wallison and Ed Pinto of the role played by Freddie Mac and Fannie Mae in the housing bubble. (Pointer from Mark... mortgage loanshigh riskloweconlib https://www.econlib.org/archives/2013/01/make_the_feelin.html Feeling vs. the Minimum Wage - Econlib Apr 5, 2018 - Last week, I argued that some ideas are inherently hard to sell to people with “Feeling” personalities: If you’re trying to sell libertarianism to Feeling... minimum wagefeelingvseconlib https://www.econtalk.org/ai-employment-and-education-with-tyler-cowen/ AI, Employment, and Education (with Tyler Cowen) - Econlib Apr 30, 2026 - Tyler Cowen is bullish on the integration of AI into higher education. He’s also not worried about its effects on the future workplace. Listen as Cowen speaks... employment and educationtyler cowenaieconlib https://www.econlib.org/archives/2010/04/california_happ.html Focusing Illusion, Climate Change, and Demagoguery - Econlib Apr 5, 2018 - While reading Schkade and Kahneman’s “Does Living in California Make People Happy?,” I was shocked to discover the paper’s underlying agenda: The original... climate changefocusingillusiondemagogueryeconlib https://www.econlib.org/archives/2007/12/why_my_sales_sp.html Why My Sales Spiked - Econlib Apr 5, 2018 - The Financial Times has named The Myth of the Rational Voter one of the best books of 2007. And I’m in some good company, though one could argue that the most... my salesspikedeconlib https://www.econlib.org/sanctions-and-asylum/ Sanctions and Asylum - Econlib Feb 10, 2022 - According to Richard Hanania, trade sanctions are “ineffective, immoral, and politically convenient”: Sanctions have massive humanitarian costs and are not... sanctionsasylumeconlib https://www.econlib.org/archives/2009/03/love_and_econom.html Love and Economics: A Guide from the Perplexed - Econlib Apr 5, 2018 - Jennifer Roback Morse was almost my colleague – she left the Public Choice Center in 1996, a year before GMU hired me. She’s a libertarian economist, a... a guidefrom theloveeconomicseconlib https://www.econlib.org/archives/2017/11/reverse_grandfa.html The Peculiar Political Economy of Reverse Grandfathering - Econlib Apr 5, 2018 - I’ve spent the last seventeen years trying to max out my mortgage interest deduction. So when I first read about the new Republican tax plan, my heart sank.... political economypeculiarreverseeconlib https://www.econlib.org/a-hitler-hypothetical/ A Hitler Hypothetical - Econlib On December 11, 1941 Adolf Hitler declared war on the United States. Almost everyone who has analyzed this decision has been puzzled. Why go out of your way to... hitlerhypotheticaleconlib https://www.econlib.org/archives/2008/02/unfair_humor_fo.html Unfair Humor for the Greater Good - Econlib Apr 5, 2018 - Greater Good: The Science of a Meaningful Life features a truly funny joint review of my The Myth of the Rational Voter and Drew Westen’s The Political Brain.... for the greater goodunfairhumoreconlib https://www.econlib.org/archives/2009/10/selfish_reason.html Selfish Reason to Have More Kids: Google Fact Edition - Econlib Apr 5, 2018 - Number of google hits for “childfree”: 1,350,000. Number of google hits for “grandchildfree”: 2,380. to havemore kidsselfishreasongoogle https://www.econtalk.org/bruce-meyer-on-the-middle-class-poverty-and-inequality/ Bruce Meyer on the Middle Class, Poverty, and Inequality - Econlib Apr 14, 2022 - Bruce Meyer of the University of Chicago talks with EconTalk host Russ Roberts about the middle class, poverty, and inequality. Many economists and pundits... the middle classpoverty and inequalitybruce meyereconlib https://www.econlib.org/a-short-hop-from-bleeding-heart-to-mailed-fist/ A Short Hop from Bleeding Heart to Mailed Fist - Econlib Jan 30, 2019 - When Hugo Chavez began ruling Venezuela, he sounded like a classic bleeding-heart – full of pity for the poor and downtrodden. Plenty of people took him at his... bleeding heartshorthopmailedfist https://www.econlib.org/archives/2011/05/harford_on_the.html How Much Good Can One Intelligent, Wise, Brave Leader Do? - Econlib Apr 5, 2018 - Tim Harford’s behavioral political economy from Adapt: Our instinctive response, when faced with a complicated challenge, is to look for a leader who will... how muchgoodone https://www.econlib.org/archives/2006/10/can_you_save_eg.html Can You Save Egalitarianism By Making It "Analytical"? - Econlib Apr 5, 2018 - Scott Clark, an Econlog reader, responds to my critique of analytical egalitarianism: The way I viewed analytical egalitarianism when i was in Levy’s class was... making itsaveegalitarianismanalyticaleconlib https://www.econlib.org/archives/2008/09/klein_clark_and.html Klein, Clark, and the Liberty Maxim - Econlib Apr 5, 2018 - Dan Klein and Michael Clark have a very thoughtful new working paper. Lead-in: Again, we embrace Rothbard’s definition of liberty. We reject, however, some of... and thekleinclarklibertymaxim https://www.econlib.org/library/YPDBooks/Cobden/cbdSPP.html?chapter_num=35 Speeches on Questions of Public Policy by Richard Cobden - Econlib Jul 9, 2018 - The Speeches contained in these two volumes have been selected and edited at the instance of the Club which was established for the purpose of inculcating and... on questionspublic policyspeechesrichardcobden https://www.econlib.org/library/LFBooks/Spencer/spnMvS.html?chapter_num=5 The Man Versus The State, with Six Essays on Government, Society, and Freedom - Econlib Jul 9, 2018 - The Man Versus The State by Herbert Spencer was originally published in 1884 by Williams and Norgate, London and Edinburgh. The book consisted of four articles... https://www.econlib.org/archives/2009/09/is_suburban_ame.html Is Suburban America the Product of Regulation? - Econlib Jul 2, 2021 - Now that my baby situation is under control, I’m ready to respond to Matt Yglesias. Last week, he wrote, “Bryan Caplan specifically cites America’s large... the productsuburbanamericaregulationeconlib https://www.econlib.org/a-birthday-tale/ A Birthday Tale - Econlib Sep 18, 2018 - A couple of weeks ago, I booked a laser tag party for my younger son, who just turned 9. When we arrived at the venue Sunday, it seemed completely closed. I... a birthdaytaleeconlib https://www.econlib.org/archives/2010/02/question_for_da.html Question for David - Econlib Apr 5, 2018 - Don’t higher age cut-offs cause most or all of the problems associated with means-testing? Why are you for the former, yet ambivalent on the latter? questiondavideconlib https://www.econlib.org/archives/2018/01/i_win_all_my_eb.html I Win All My Ebola Bets - Econlib Apr 5, 2018 - Back in 2014, Ebola was national – and global – news. Even in Africa, fears ultimately turned out to be overblown. The WHO’s official tally was about 11,000... i winebolabetseconlib https://www.econlib.org/archives/2015/04/school_networki.html School Networking Bleg - Econlib Apr 5, 2018 - Questions for everyone: 1. How many people you met in K-12 are you still friends with? 2. How many people you met in K-12 do you professionally interact with?... school networkingblegeconlib https://www.econlib.org/archives/2013/04/open_borders_in_1.html Open Borders in The Atlantic - Econlib Apr 5, 2018 - The Atlantic profiles Vipul Naik, Michael Clemens, Michael Huemer, and other champions of free migration. Highlights: What if there was a program that would... in the atlanticopen borderseconlib https://www.econlib.org/archives/2007/09/talk_about_perv.html Talk About Perverse Incentives - Econlib Apr 5, 2018 - I hope I’m misunderstanding Ed Glaeser, but I don’t think I am: Since the rich should not be subsidized, the transfer payments should be means tested and... talk aboutperverse incentiveseconlib https://www.econlib.org/archives/2007/09/is_pc_persecuti.html Is P.C. Persecution Overblown? - Econlib Apr 5, 2018 - I just got an invitation to see Indoctrinate U, a documentary on the tyranny of political correctness in higher education. The trailer left me with a furrowed... p cpersecutioneconlib https://www.econlib.org/archives/2017/06/boudreaux_on_th_1.html Boudreaux on the Progressive Mentality - Econlib Apr 5, 2018 - My dear colleague Don Boudreaux comments on my recent questions about the absence of libertarian/progressive cooperation: As he so frequently does, Bryan here... on theboudreauxprogressivementalityeconlib https://www.econlib.org/archives/2010/09/wsj.html WSJ Survey Biases the Options - Econlib Apr 5, 2018 - Greg Mankiw posts about how some economists responded to a Wall Street Journal poll about whether the Bush tax cuts should be extended. According to Greg: 6... the optionswsjsurveybiaseseconlib https://www.econlib.org/archives/2009/06/portfolios_of_t.html Portfolios of the Poor: Highlights - Econlib Apr 5, 2018 - How markets free individuals from degrading family ties. Approaching several people for loans before getting one is not merely an inconvenient outcome of the... of theportfoliospoorhighlightseconlib https://www.econlib.org/archives/2006/05/move_over_milgr.html Move Over, Milgram - Econlib Apr 5, 2018 - In Stanley Milgram’s famous Obedience to Authority Study, subjects were led to believe that they were giving another human being electric shocks. Many... move overmilgrameconlib https://www.econlib.org/archives/2012/09/austrian_myside.html Austrian Myside Bias - Econlib Apr 5, 2018 - My Cato Unbound reply to Steve Horwitz on empirical Austrian economics is up. I concede that Horwitz… makes several sensible points: Some Austrians have no... austrianbiaseconlib https://www.econlib.org/archives/2009/08/insurance_reput_1.html Insurance, Reputation, and Caricature - Econlib Apr 5, 2018 - Here’s a view Krugman attributes to me: Of course, there’s also an alternative universe in which insurance companies would never, never treat their clients... insurancereputationcaricatureeconlib https://www.econlib.org/the-illusory-arbitrariness-of-deploring/ The Illusory Arbitrariness of Deploring? - Econlib Jun 21, 2018 - I’ve previously argued that public deploring is exceedingly arbitrary. The “outrages” we hear about on the news – the outrages that “We cannot tolerate!” – are... illusoryarbitrarinesseconlib https://www.econlib.org/archives/2014/09/unintended_cons_5.html?to_print=true Unintended Consequences of De-Insuring Insurance - Econlib Apr 5, 2018 - Kevin Drum alerts us to some unintended consequences of a law that he advocates. Over at Mother Jones, Kevin Drum has noticed that some health insurers are... unintended consequencesinsuringinsuranceeconlib https://www.econlib.org/archives/2015/07/a_question_for_5.html A Question for Juris Doctors - Econlib Apr 5, 2018 - About half of J.D.s don’t work as lawyers. But this doesn’t mean their legal educations were bad financial investments. Law degrees might open doors to... a questionjurisdoctorseconlib https://www.econlib.org/archives/2011/04/top_40_things_i.html 40 Things I Learned in My First 40 Years - Econlib Apr 1, 2021 - Today I turn 40. To ease the pain, I’ve decided to write a list of important lessons I’ve learned during my first four decades. In no particular order:... things i learnedmy firstyearseconlib https://www.econlib.org/archives/2006/05/gas_whats_the_b.html Gas: What's the Big Deal? - Econlib Jun 14, 2018 - Jane Galt tries to explain why people freak out about gas prices. My thoughts: 1) Most Americans buy gas at least once a week 2) They buy a lot of it 3) They... the big dealgaseconlib https://www.econlib.org/archives/2005/07/which_doctors_s.html Which Doctors Should You Fear? - Econlib Apr 5, 2018 - Some doctors keep abreast of the latest medical research. Others keep practicing the medicine they learned thirty years ago. We should all prefer the first... doctorsfeareconlib https://www.econlib.org/archives/2015/05/because_freedom_1.html Because Freedom - Econlib Apr 5, 2018 - Lately I’ve heard libertarians ridiculed because their argument against some law boils down to, “Because freedom.” Why shouldn’t we have inheritance taxes?... freedomeconlib https://www.econlib.org/archives/2012/04/are_political_l.html Are Political Labels Uniquely IQ-Draining? - Econlib Apr 5, 2018 - Will Wilkinson replies to my defense of labels against his attack: Bryan has sort of wrongly inferred that my aversion to specifically political labels flows... politicallabelsuniquelydrainingeconlib https://www.econlib.org/archives/2005/09/gas_price_varia.html Gas Price Variance Up! - Econlib Apr 5, 2018 - With the whole country bemoaning the rise in the average price of gas, a far more economically surprising change has been almost overlooked: The massive rise... gas pricevarianceeconlib https://www.econlib.org/archives/2010/12/why_the_great_l.html Why the Great Leap Forward Was Murder - Econlib Apr 5, 2018 - Even scholars well familiar with the horrors of the Great Leap Forward occasionally refuse to call Mao Zedong a murderer. Why not? Because Mao didn’t know.... the great leap forwardmurdereconlib https://www.econlib.org/archives/2008/01/bloggers_as_ill.html "Bloggers As Illegal Immigrants": What Does Borjas' Analogy Really Show? - Econlib Apr 5, 2018 - I just came across a particularly bizarre Borjas post, entitled “Bloggers as Illegal Immigrants”: It is not uncommon to see a Journalist (with a capital J)... illegal immigrantsbloggers https://www.econlib.org/archives/2009/04/pre-debate_disa.html Pre-Debate Disagreement - Econlib Apr 5, 2018 - In his promo for Tuesday’s Caplan-Hanson debate, Robin writes: We don’t actually disagree that much; basically we both like debates but couldn’t find anyone... predebatedisagreementeconlib https://www.econlib.org/archives/2013/09/the_homage_stat.html The Homage Statism Pays to Liberty - Econlib Apr 5, 2018 - Here’s an odd thought for a libertarian: The government very rarely tells me to do anything. Once per year, the IRS orders me to pay federal income taxes. Once... homagestatismpayslibertyeconlib https://www.econlib.org/archives/2005/12/the_marginal_to.html The Marginal Tooth - Econlib Apr 5, 2018 - Keynes famously wished that economists would one day become as useful as dentists. But every time I go to the dentist, it’s clear that knowledge of economics... marginaltootheconlib https://www.econlib.org/econlog-by-category/?category=economic-history EconLog by Category - Econlib by categoryeconlogeconlib https://www.econlib.org/archives/2005/02/the_seen_and_th.html The Seen and the Unseen: Wegmans, Manhattan, and Slow Growth - Econlib Apr 5, 2018 - Economists have a favorite cynical explanation for the slow-growth movement: Property owners are trying to raise real estate prices by restricting supply. I’m... seen and unseenslow growthwegmansmanhattaneconlib https://www.econlib.org/archives/2010/05/how_liberty_run.html How Liberty Runs in Families (I Think) - Econlib Apr 5, 2018 - Thanks to everyone who responded to my Zac Gochenour-inspired poll on parents, children, and libertarianism. Most of the responses seem consistent with Zac’s... in familieslibertyrunsthinkeconlib https://www.econlib.org/archives/2006/11/dexter_beyond_g.html Dexter: Beyond Good Intentions - Econlib Apr 5, 2018 - A cliche of literature is the sympathetic character who does bad things. The moral of the story is usually that as long as you mean well, you basically get a... beyond gooddexterintentionseconlib https://www.econlib.org/does-immigration-shrink-the-welfare-state/ Does Immigration Shrink the Welfare State? - Econlib Oct 22, 2018 - People normally assume that immigration will expand the welfare state. The lazy version says (a) immigrants are net beneficiaries of the welfare state, and (b)... welfare stateimmigrationshrinkeconlib https://www.econlib.org/archives/2018/02/david_balan_rev.html David Balan Reviews The Case Against Education - Econlib Jun 14, 2018 - Few people helped me more on my new book than economist David Balan. Comments aside, he spent a whole day listening to me explain my spreadsheets. That’s what... the case against educationdavidreviewseconlib https://www.econlib.org/the-one-big-fact-that-overawes-all-doubts/ The One Big Fact that Overawes All Doubts - Econlib Nov 6, 2019 - How do I pick book topics? On reflection, I usually start with what appears to be a big blatant neglected fact. Then I try to discover whether anything in the... the onebigfactdoubtseconlib https://www.econlib.org/archives/2009/05/funniest_macro.html Funniest Macro Line of the Month - Econlib Apr 5, 2018 - The prize goes to Scott Sumner for: [I]f you are going to use research by a brilliant Nobel-Prize winning new Keynesian economist in order to attack... of the monthfunniestmacrolineeconlib https://www.econlib.org/archives/2007/05/libertarians_on.html Libertarians on The Godfather, Part II - Econlib Apr 5, 2018 - You’ve read Somin; now try Peter Klein. the godfather part iilibertarianseconlib https://www.econlib.org/archives/2009/10/moral_hazard_an_1.html Moral Hazard and Bank Policy - Econlib Apr 5, 2018 - These issues are discussed by Russ Roberts and Gary Stern. There are two issues that they keep circling around. One is the effect on capital structure of... moral hazardbank policyeconlib https://www.econlib.org/archives/2009/09/utility_isnt_ev.html Utility Isn't Everything - Econlib Apr 5, 2018 - Scott Sumner is one of the great monetary thinkers of our age. But the news isn’t all good – he’s also a utilitarian. I am frankly mystified by the enduring... utilityeverythingeconlib https://www.econlib.org/archives/2011/06/caplan_vs_chua.html Caplan vs. Chua Debate in the Guardian - Econlib Apr 5, 2018 - Tiger Mother Amy Chua and I have this week’s Saturday Conversation in The Guardian. Highlights: BC: Most of my book is based on a summary of 40 years of... in thevschuadebateguardian https://www.econlib.org/archives/2014/04/divorce_and_mot.html Divorce and Motivated Reasoning in the WaPo - Econlib Nov 12, 2018 - In The Economic Naturalist, Robert Frank remarks: Psychologist Tom Gilovich has suggested that someone who wants to accept a hypothesis tends to ask, “Can I... motivated reasoningdivorcewapoeconlib https://www.econlib.org/cee-by-category/?category=corporations-and-financial-markets CEE by Category - Econlib by categoryceeeconlib https://www.econlib.org/a-nobel-bet/ A Nobel Bet - Econlib Substacker Nathan Brooks thinks he has a shot at the Nobel prize. In particular, he says that he can explain some puzzles about the U.S. labor market by... nobelbeteconlib https://www.econlib.org/archives/2008/06/kotlikoff_inspe.html Kotlikoff Inspects the Mechanism - Econlib Apr 5, 2018 - You might think this passage would be from Econ Journal Watch‘s “Inspecting the Mechanism” column, but you’d be wrong: A recent experience says it all. I was... the mechanisminspectseconlib https://www.econlib.org/archives/2011/02/wwwbcaplancom_2.html www.bcaplan.com 2.0 - Econlib Apr 5, 2018 - My website was very cool back when it launched in 1994. But during the intervening 17 years, fashions have changed. Perhaps there’s even been some unmeasured... wwweconlib https://www.econlib.org/archives/2012/07/poverty_and_beh.html Poverty and Behavior: Generalizing Yglesias - Econlib Jul 2, 2021 - Last week, Matt Yglesias had an extremely insightful critique of the view that unemployment remains high because “we are not as wealthy as we thought we were”:... povertybehavioreconlib https://www.econlib.org/archives/2012/11/a_question_for_4.html A Question for Steve Sailer's B-School Professor - Econlib Apr 5, 2018 - An interesting vignette from Steve Sailer: By “citizenism,” I mean that I believe Americans should be biased in favor of the welfare of our current fellow... a questionsteve sailerbschoolprofessor https://www.econlib.org/archives/2006/12/myth_of_the_rat.html Myth of the Rational Voter Update - Econlib Apr 5, 2018 - My book won’t be out until April, but Princeton University Press has already put up a nifty promotional webpage for it. P.S. You can now pre-order my book from... of themythrationalvoterupdate https://www.econlib.org/archives/2016/11/cohesionists_un.html The Divisiveness of Cohesion - Econlib Jun 14, 2018 - Suppose you live in a deeply divided society: 60% of people strongly identify with Group A, and the other 40% strongly identify with Group B. While you plainly... divisivenesscohesioneconlib https://www.econlib.org/archives/2014/06/the_arab_spring.html Evaluating The Arab Spring: What Would Tetlock Say? - Econlib Apr 5, 2018 - I was never optimistic about the Arab Spring. But the spread of the hellish Syrian Civil War into Iraq leaves the net-effect-so-far quite a bit worse than I... arab springevaluatingwouldsayeconlib https://www.econlib.org/archives/2007/09/how_contrarian.html?to_print=true How Contrarian is the Hansonian View of Medicine? - Econlib Apr 5, 2018 - To be honest, when Robin Hanson first told me his views on health care, I thought he was a lone nut. A brilliant lone nut, but a lone nut nonetheless. Still,... is thecontrarianviewmedicineeconlib https://www.econlib.org/archives/2014/03/being_sendhil_m.html Being Sendhil Mullainathan - Econlib Apr 5, 2018 - Harvard’s Sendhil Mullainathan has a remarkable life story. From a profile in Forbes: Born in a small farming village in India, Mullainathan lived there for... sendhil mullainathaneconlib