Post Tagged 'Arnold Kling'

July 16, 2020

Post-COVID economics: Toward a paradigm of social collaboration

In times of economic crisis, the planning class has routinely relied on a particular set of assumptions to construct their supposed solutions. This has been no less true in the policy responses to COVID-19, which have comprised a predictable mix of so-called stimulus and monetarist monkey business. Continue Reading...

March 10, 2014

When Being Pro-Market Requires Being Anti-Business

Who is the biggest enemy of the free market system? The late Milton Friedman, one of the 20th century’s most prominent free market champions, had a surprising answer: the business community. Continue Reading...

March 04, 2014

How IKEA and Innovation Help Refugees in Iraq

When looking for solutions to humanity’s problems, conservatives and libertarians tend to prefer turning first to free markets rather than government. The reason for such a preference is often misunderstood, and can be difficult to explain since it appears paradoxical: free markets are often better at serving human needs than governments because free markets make it easier to fail. Continue Reading...

February 06, 2013

Why Government Workers Should Get Pay Decreases for Longevity

Imagine that you have a series of plumbing problems in your house—clogged sinks, backed up toilets—and decide to hire a plumber. Which of these two incentive structures would you choose? (A) The plumber only gets paid when the problems are fixed. Continue Reading...

March 08, 2012

The School Zone to Serfdom

The Washington Post recently reported on what looked like an interesting development in education reform going on in California: Continue Reading...

May 03, 2010

Samuel Gregg’s New Book: Wilhelm Röpke’s Political Economy

Over at Econlog, one of the best economics blogs around, Arnold Kling has been reading Acton Research Director Samuel Gregg’s latest and recently released book, Wilhelm Röpke’s Political Economy (Edward Elgar, 2010). Continue Reading...