Mises versus Hayek on the Future of Civilization
Ludwig von Mises and F.A. Hayek, two of the best-known Austrian school economists in the twentieth century, may have followed the same school of thought, but they greatly differed in their work. In consideration of human action, the two men
Advancing School Choice While Protecting Homeschoolers
Colleen Hroncich In recent years, there has been an explosion of school choice programs that enable parents to use state education dollars for learning options beyond the local district school. Education savings accounts (ESAs) have become particularly popular for the flexibility
“National Greatness” Is Not the Appropriate Response to “Wokeism”
Many conservatives, in trying to steer the USA away from "wokeism," fail to understand that their “national greatness” schemes are just as harmful. Original Article: ""National Greatness" Is Not the Appropriate Response to "Wokeism""
New working paper (with Tanga Mohr)
The title is "External Validity of Inferred Attribute Non-Attendance: Evidence from a Laboratory Experiment with Real and Hypothetical Payoffs". Here is the abstract: We consider differences in hypothetical and real payoff laboratory experiments using attribute non-attendance methods. Attribute non-attendance is an
States Are Dying from Corruption and the Exponential
Technology is the main reason why so many of us are still alive to complain about technology. - Garry Kasparov If I take 30 steps linearly, I get to 30. If I take 30 steps exponentially, I get to a billion.
The Inflation Reduction Act’s Energy Subsidies Are More Expensive Than You Think
Travis Fisher At the signing of the Inflation Reduction Act (IRA), President Biden said: “The Inflation Reduction Act invests $369 billion to take the most aggressive action ever — ever, ever, ever — in confronting the climate crisis and strengthening our
France’s Unrest Has Deep Roots. Proposed Immigration Restrictions Will Make Things Worse
The rioting in France is not due to racism nor is it the logical end of immigration. Instead, it is rooted in France's minimum wage and other labor restrictions that lead to unemployment and resentment. Original Article: "France's Unrest Has Deep Roots.
Let Staten Island Secede!
Homeless foreign nationals (i.e., "illegal aliens") began arriving last week at a makeshift shelter in a Staten Island neighborhood. The arrivals come after New York City Mayor Eric Adams decided that a shuttered Catholic school on Staten Island would be used
Physician Burnout: Another Consequence of Medical Socialism
According to the American Medical Association, physician burnout “is a long-term stress reaction which can include the following: Emotional exhaustionDepersonalization (i.e., lack of empathy for or negative attitudes toward patients)Feeling of decreased personal achievement” The article goes on to say: Physician burnout is
Easy Money Is a Much Bigger Economic Problem than Debt
While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits. Original Article: "Easy Money Is a Much Bigger Economic Problem than Debt"