Anti-Dismal

Recently the Cato Institute put out a new Policy Analysis (No. 867) on Making Sense of the Minimum Wage: A Roadmap for Navigating Recent R...

What are the virtues of forgiveness? Are we subject to being manipulated by data? Why do people struggle with prayer? What really motivates...

A brief summary of the state of play. First, the evidence on the disemployment effect of minimum wages is contested, and there clearly are ...

In a 1937 paper, "Centralise or decentralise" Arnold Plant writes, "[...] centralisation is the means by which the collabor...

Has the trade war with China been good for American businesses and consumers? The first results are in, and David Weinstein tells Tim Phill...

My Blogwatch column from the latest issue ( Issue 63 , December 2018) of the NZAE magazine Asymmetric Information

This paper looks at the contribution made by pre-1870 writers in economics (proto-neoclassicals) to what would later become known as the ne...

This paper looks at the influence (or lack of influence) that ideas to do with the division of labour have had on the mainstream economic t...

Tyler Cowen (Economics professor, George Mason U.) joins Dave to discuss his new book “Stubborn Attachments: A Vision for a Society of Free...

There has been, not too surprisingly, much discussion of the government's idea of a compulsory 'gun buyback' scheme, see for exa...

At the New Zealand Initiative , Matt Burgess makes an important point about the advantages of using price rather than policy to reduce emis...

Moderating content in a polarized political climate while also respecting the value of free speech is a challenge still vexing social media...

A massive new plan unveiled by Democrats is a wish list of restrictions on free political speech. If this kind of attack on free speech can ...

An interesting discussion of many of the issues to do with the effects of minimum wage increases and how to work them out and estimate how b...

A point worth making about the modern models of the theory of the firm is that they illustrate a general issue to do with post-1970 microeco...

Widely considered as one the most influential economists of the 20th century, F. A. Hayek continues to command the attention of scholars wi...

From the Peterson Institute for International Economics comes this interview in which Soumaya Keynes and Chad Bown talk with Stephen Reddi...

Harold Demsetz has passed away. He was a longtime member of the UCLA economics department and one area he wrote on was the theory of the fir...

From  Newmedia at UFM.edu comes this 2001 video of   A Conversation with Ronald Coase .

CEO's face relatively stronger incentives from their compensation package than from the threat of dismissal, so a firm should put a l...