13 Aug Does Government Spending Boost the Economy? A recent article in Business Insider by Jim Edwards offers putative “Proof That Government Spending... Tags: Economy
13 Aug The Truth about Savings and Consumption We regularly hear how important consumer spending is for the economy. The story goes like this: the... Tags: Economy
13 Aug Civilization Exists Because I'm Bad at Basketball The beauty of the market economy is that we can all enjoy a variety of goods and services despite... Tags: Economy
12 Aug The Problem of Production Again and again we hear it said: "The problem of production has been solved." Look at the stocks of... Tags: Economy
11 Aug What If the Coronavirus Had Hit Us 25 Years Ago? I promise that this isn’t one of those schmaltzy “Look on the bright side”/”There is a silver lining... Tags: Atemporal
06 Aug 6 QUESTIONS TO ASK BEFORE STARTING A BUSINESS If you’re considering starting your own business, you’re not alone. Between 2018 and 2019, more than... Tags: #entrepreneurship
29 Jul Pay more for results A simple and robust way to get others to do useful things is to “pay for results”, i.e., to promise... Tags: Management
27 Jul When Sears Used the Market to Combat Jim Crow As we eulogize this beacon of American capitalism, we should also celebrate one of its lesser-known... Tags: Management
16 Jun The Road from Serfdom: An Interview with F.A. Hayek Losing a scholarly debate or two is not the worst that can befall a human being of talent, and Hayek... Tags: Atemporal