ECONOMY

This is Vindication???

Joe Nocera has a strange piece in the Free Press arguing that the “godfathers of protectionism” have been vindicated. It begins with a story about

ECONOMY

Lady Liberty of the Pacific

Instead of re-opening Alcatraz as super-max prison we should build a statue to America. I suggest “Lady Liberty of the Pacific”. The spirit of Columbia

ECONOMY

The Public Choice Outreach Conference

There are just a few spots left for the Public Choice Outreach Conference! Do encourage your students to apply!   The post The Public Choice

ECONOMY

The Decline of Manufacturing

Look at the incredible decline of manufacturing across a wide variety of industries in the figure below. Nearly 7.5 million jobs lost, just since 2011.

ECONOMY

Manufacturing share vs. GDP

Via Basil Halperin.  This is not a question of confusing causation and correlation, if anything it is the protectionists who have such an error in

ECONOMY

Sell Floyd Bennett Field!

I’ve been shouting Sell! for many years. Perhaps now is the chance to do it. Here’s a recap: The Federal Government owns more than half

ECONOMY

The Madmen and the AIs

In Collaborating with AI Agents: Field Experiments on Teamwork, Productivity, and Performance Harang Ju and Sinan Aral (both at MIT) paired humans and AIs in

ECONOMY

China’s Medicines are Saving American Lives

The Economist reports that China is now the second largest producer of new pharmaceuticals, after the United States. China has long been known for churning

ECONOMY

Public Choice Outreach Conference!

The annual Public Choice Outreach Conference is a crash course in public choice. The conference is designed for undergraduates and graduates in a wide variety

ECONOMY

Visits to the Doctor, Per Year

The number of times people visit the doctor per year varies tremendously across OECD countries from a low of 2.9 in Chile to a high