There is something about an election year that causes otherwise rational people to lose all economic sense. Take, for example, the issue of free trade. The opposition to free trade on both sides of the politial spectrum is baffling. Continue Reading...
My older son’s college psychology class was recently assigned the film A Beautiful Mind, about the Nobel Prize winning economist and schizophrenia sufferer John Nash. The assignment was to watch the film, dig into Nash’s biography, and report on how the film altered Nash’s story of mental breakdown and recovery. Continue Reading...
“‘What’s stopping Warren Buffett from paying more taxes?’ is a red herring,” says economist Bryan Caplan. ” The fundamental question is: ‘Why is government’s share of the voluntary donations market so damn small?'” Continue Reading...