The return of rational
Introducing the new book by Eric Robert Morse—Psychonomics: How Modern Science Aims to Conquer the Mind and How the Mind Prevails. An excerpt from the book: Franz Gall was no…
The increasingly lawless law
(National Review Online) After today’s rulings by the Supreme Court, every American has a larger stake in the outcome of the marriage debate. No one can afford to stay out…
The future of education is now
(Forbes) The Khan Academy, which features 3,400 short instructional videos along with interactive quizzes and tools for teachers to chart student progress, is a nonprofit, boasting a mission of “a…
- Behavioral Economics
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What if money didn’t matter?
How do you like to spend your life? What do you desire? what if money didn’t matter? What if money was no object? Alan Watts explores the possibilities. Put frankly…
- 2007-08 Crisis
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When in the Course of human events…
In the wake of the latest election, several states have petitioned the White House to peacefully secede from the United States. Sometimes, that is all that seems to be left…
- Autarchy
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- Capitalism
- Closed System
- Competition
- Culture Divide
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- Education
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- Keynesianism
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Reflections on the election
In response to the election, many on the political Right have expressed dismay on the fate of liberty and the chances for a return to Constitution-based governance. Hopes for real…
The rhyme of unreason
From my forthcoming book on Behavioral Economics: You may not realize it, but you are irrational. At least, that is what researchers in a growing new science are saying. That…
The changing middle
(Cafe Hayek) This fascinating collection of charts from the Tax Foundation includes these two charts that show how much demographics have changed and how difficult it is to draw conclusions over…
A medical system on life support
ESCAPE FIRE: The Fight to Rescue American Healthcare tackles one of the most pressing issues of our time: how can we save our badly broken healthcare system? American healthcare costs…
Food waste a growing concern
(TED) Western countries waste up to half of their food. This is an injustice Tristram Stuart has dedicated his career to fixing. In his newest book, Waste: Uncovering the Global…
- Autarchy
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- Notable Quotables
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When the law contradicts what most people regard as moral and proper, they will break the law whether the law is enacted in the name of a noble ideal such as equality or in the naked interest of one group at the expense of another.
Milton Friedman, Free to Choose.
Piracy, one side of the argument
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The Prisoner’s Dilemma redux
(Freakonomics) Several years ago, Felix Oberholzer-Gee, Joel Waldfogel and Matthew W. White, published a fascinating empirical article about the prisoner’s dilemma game embedded in the short-lived U.S. game show “Friend…
Traditional as the new radical
Shannon Hayes writes and works with her family on Sap Bush Hollow Farm in upstate New York. She is the author of Radical Homemakers, The Farmer and the Grill and…
Can currents in childbearing be healthy for the economy?
(Child Trends) Having children outside of marriage–nonmarital childbearing–is increasingly common in the United States. A new Research Brief, Childbearing Outside of Marriage: Estimates and Trends in the United States, describes how…
- 2007-08 Crisis
- Autarchy
- Budget Deficit
- Bureaucracy
- Capitalism
- Closed System
- Competition
- Current Events
- Debt Ceiling
- Distributism
- Division of Labor
- Ecology
- Economic Theory
- Federal Budget
- Free Land
- Free Market
- Frontier Thesis
- Game Theory
- Inspiration
- Interdependency
- Legal Theory
- National Debt
- Political Theory
- Polycentrism
- Poverty
- Rational Choice Theory
- Self-Government
- Self-Reliance
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- Trade
- Wealth
- Zero-sum
Signs of a new de-urbanization?
After the fall of the Roman Empire in the 5th century, a great de-urbanization took place when city dwellers realized that the centralized system was unreliable and even dangerous. Smaller,…
Good reads–Thinking, Fast and Slow by Daniel Kahneman
By many accounts, Daniel Kahneman is the father of his field, Behavioral Economics, which is a mix between behavioral psychology and traditional economics and has provided perhaps the most fascinating…