This is the second in my series of posts on the social costs of drug prohibition. You can read the first post here . In 1878, Congress passed Title 18 U.S.C. §1385, commonly known as the Posse...
https://www.econlib.org/blurring-posse-comitatus-the-increased-militarization-of-police/
A student group called Columbia University Apartheid Divest issued a statement quoted by the Wall Street Journal (“New York Mayor Says Conflict at Columbia Must End as Police Amass Nearby ,” ...
Last month, I posted on some of the intellectual contributions of economic and business historian Robert Hessen, who died on April 15. At the time, I didn’t have access to his contribution t...
https://www.econlib.org/robert-hessen-on-the-industrial-revolution/
WARNING: THERE WILL BE SPOILERS IN THIS POST FOR THE PLOT OF DUNE, INCLUDING PLOT POINTS FROM THE SECOND BOOK THAT WILL SERVE AS THE BASIS FOR THE AS-YET UNMADE THIRD MOVIE. The recently rele...
https://www.econlib.org/frank-herberts-dune-a-cautionary-tale/
Perhaps as a sequel of mankind’s long tribal history, people apparently need scapegoats to shed the weight of sins and responsibilities from their shoulders. In democratic countries, “unelect...
https://www.econlib.org/unelected-officials-are-convenient-scapegoats/
In mid-October 2023, I wrote a draft of a blog post that I didn’t end up posting. I’m running it below, word for word as I wrote it in October. In October, I ran it by a friend who is very pr...
America is an outlier. Its GDP per capita is far higher than any other country with at least 10 million people. The US GDP per capita (PPP adjusted) is $85,373, while the next nine range from Tai...
Every public policy comes with its own set of externalities and unintended consequences. Moreover, because politics exists at the nexus between competing interests, outcomes can often approach ze...
https://www.econlib.org/at-what-cost-the-social-costs-of-drug-prohibition/
Who do tariffs punish? Many people think they punish unscrupulous, shifty foreign manufacturers who aren’t playing fair and “dumping” their shoddy wares on American markets at prices below...
https://www.econlib.org/tariffs-are-sanctions-against-consumers/
Russ Roberts, EconTalk Host The favorite EconTalk episodes for host Russ Roberts are when he and his guest have an unusually powerful connection such as his recent episode with Charles Duhigg, ...
https://www.econtalk.org/the-top-econtalk-conversations-of-2023-with-russ-roberts/