Free marketers can learn from Keynes, says Samuel Gregg

John Maynard Keynes, 20th century British economist, is best known for his book, “The General Theory of Employment, Interest and Money” (1936), but it was his pointed analysis of the Treaty of Versailles, “Economic Consequences of the Peace,” which first launched him into the public eye. Continue Reading...

Tyler Cowen finds economic answers in ‘Genesis’

Tyler Cowen, professor of economics at George Mason University and all around internet impresario, has a new column up at Bloomberg on his recent rereading of the Book of Genesis, Living standards rise throughout the book, and by the end we see the marvels of Egyptian civilization, as experienced and advised by Joseph. Continue Reading...

In the year 2100, we’re all renters

Predictions about the future have a checkered past. But Michael Munger’s recent book “Tomorrow 3.0: Transaction Costs and the Sharing Economy,” born out a few of his many appearances on the popular podcast EconTalk, at least makes its prognostications based on current trends and reasoned economic principles. Continue Reading...

Work as a religion: The problem with ‘workism’ and its critics

If you’re a young person in America, you’ve undoubtedly been bombarded by calls to “follow your passion,” “pursue your dreams,” or “do what you love and love what you do.” Such slogans have led many toward a renewed appreciation of the meaning that can be found in mundane economic activity—and in many ways, rightly so. Continue Reading...

Google and surveillance capitalism

Business Insider reported last week that Google failed to disclose the existence of a microphone in their home security system, NestSecure. This came as a surprise to many Nest customers who complained that they were not informed that the security system even had a microphone. Continue Reading...

Democrats proposed subsidies do not make the rent any less high

Democratic Senators and Presidential candidates Kamala Harris and Cory Booker have both recently proposed legislation to address the issue of rising housing costs. Senator Harris’ bill ‘The Rent Relief Act’ and Senator Booker’s bill ‘Housing, Opportunity, Mobility, and Equity Act’ both focus on assisting people who pay more than 30% of their gross income on rent or, in the case of Senator Harris’s bill, rent and utilities. Continue Reading...