Economics is Not a Game of Monopoly
The standard textbook model of monopoly economics only applies to the real world in a narrow range of circumstances.
Saul Zimet
· 7 min read
economics
A collection of 57 posts
Libertarian Limitations
Andrew Koppelman’s analysis of libertarianism is rich in detail and full of thought-provoking ideas.
Marco den Ouden
· 16 min read
As a Hereditarian, I Strongly Support Economic Redistribution
A recognition that genetic influences on social outcomes are important will potentially influence the kind of help that society offers poorer individuals. But it does not in any way compel an absence of help, or a casual indifference.
Gregory Clark
· 7 min read
The Real Cost of Cheap Labour
Michael Lind's 'Hell to Pay' presents a dire cautionary message to the political establishment.
Sohale Mortazavi
· 9 min read
From Panic to Prudence
Lessons from past financial crises.
Robert F. Bruner
· 10 min read
Beyond Davos
If the Davos crowd has demonstrated anything, it is the futility of their posturing.
Joel Kotkin
· 12 min read
The Unexpected Future
We need to consider ways to reverse or at least slow rapid depopulation
Joel Kotkin, Wendell Cox
· 15 min read
Green Dreams, Inflationary Realities
We must find ways to combat climate change without incurring devastating inflation, greater class division, the immiseration of the middle class, and the destitution of the poor.
Joel Kotkin and Hügo Krüger
· 15 min read
A Life Worthwhile
The dignity that comes with a job is more important than the salary.
Magnus Henrekson
· 11 min read
Reconsidering the City
If they are to survive and thrive, cities need to become more people-friendly.
Joel Kotkin
· 10 min read
Woke Capitalism’s Tragedy of the Commons
Woke capitalism is rational, but it is also unsustainable.
Ilya Levine
· 7 min read
Piketty’s Progress
A review of A Brief History of Equality by Thomas Piketty, Belknap Press, 288 pages (April 2022) As I write this, the city of Rotterdam is considering a request to dismantle one of its historic bridges to grant Jeff Bezos’s super-yacht (too monstrous for normal ports) safe passage to
Jared Marcel Pollen
· 10 min read
The Dangers of Western Complacency
Russia’s invasion of Ukraine has revived the Western alliance. After years of drift and self-doubt, the West has been reminded of its historic and institutional uniqueness by seeing the contrast between the atavistic revanchism of Vladimir Putin and the heroism of Ukraine’s defenders. Once again, our collective purpose
Fredrik Erixon and Dalibor Rohac
· 7 min read
Serfing the Future?
Escalating housing costs and regulations are confining young people to renting, straining the traditional democratic ideals of property and autonomy.
Joel Kotkin, Wendell Cox
· 11 min read
Moral Relativism and the Bottom Line
A surgeon, an engineer, and an economist all die around the same time and are met at the Pearly Gates by St. Peter. “Welcome good souls! Welcome! You’re in the right place,” he informs them. “But, unfortunately, we have a shortage of mansions so two of you will need
Jefferson Crow
· 12 min read