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There’s a debate over whether to save Social Security with higher taxes or lower benefits. MATT YGLESIAS suggests a mix of the two approaches: Let’s consider two methods, starting with an ...
I’m something of a tech nerd – I enjoy new gadgets and technology more than the average person. As a result, I keep up with the latest news and rumors in the gadget and gizmo space. I also fo...
If I hesitate to criticize the new Netflix hit, You Are What You Eat: A Twin Experiment , as bait-and-switch propaganda—exploitation of audience trust in “science”—it is only because…we...
A free trade zone (such as NAFTA, now called USMCA) has free trade among its members and separate external tariffs. A customs union (such as the EU) has a common external tariff wall. Prior to th...
https://www.econlib.org/customs-unions-and-free-trade-zones/
> From the mid-1970s until his death in 1990, Ludwig Lachmann played a > central role in reinvigorating interest in the Austrian School > as a viable > alternative to�...
Suppose an adult—call him Tom—faces a choice between two alternatives, A and B. Alternative B (mnemonic: B for “best”) is the one he prefers and will choose if left free. If you coercivel...
Listen as Megan McArdle and EconTalk’s Russ Roberts use Google’s new AI entrant Gemini as the starting point for a discussion about the future of our culture in the shadow of AI bias. They ...
https://www.econtalk.org/what-does-unbiased-mean-in-the-digital-world-with-megan-mcardle/
Here are some highlights of my weekly reading. HOW FDR MADE REPUBLICAN ISOLATIONISTS LOOK SILLY WITH A SIMPLE RHYME by Charles Sykes, Politico, March 20, 2024. Excerpt: > In the speech...
https://www.econlib.org/my-weekly-reading-for-march-24-2024/
Last year, the consensus view of economists called for a recession in 2023. At the time, I said this sort of prediction is foolish, as the science of economics has no method for predicting tur...