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Sunday, August 11, 2024

Good data on good government: Reformers should take note as political philosophy meets statistics

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G ood government has been a focus of political philosophers for centuries, but times change. Today’s thinkers, unlike Plato or Ibn Khaldun, ...
Monday, April 15, 2024

South Royalton, 50 years later

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Fifty years ago I had the honor to serve as the organizer of a conference on Austrian economics, held in the small town of South Royalton, V...
Thursday, February 15, 2024

Redefining Poverty: Towards a Transpartisan Approach

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  A new report from the National Academies of Science, Engineering, and Medicine (NASEM),  An Updated Measure of Poverty: (Re)Drawing the Li...
Wednesday, February 14, 2024

A Negative Income Tax, One Step at a Time

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The negative income tax (NIT) sometimes seems like the carbon tax of social policy. Both are irresistibly appealing to economists and have l...
Thursday, June 29, 2023

The War on Inflation: Victory at What Cost?

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For more than a year, the Fed, led by its chair Jerome Powell, has been fighting the worst outbreak of inflation in the United States in 50 ...
Saturday, April 15, 2023

Corporate Political Responsibility in a Captured Economy

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The social responsibility of business has been debated for years. One point of view follows   Milton Friedman ’s maxim, “In a free society …...
Friday, March 17, 2023

Supercore Inflation is Worth Watching, but it is Probably Not a Good Policy Target

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Although headline inflation continues to fall and unemployment is near a 50-year low, the Federal Reserve still faces some tricky policy dec...