Latest Posts

Remember the intangibles: A caution to the 21st-century economist

Today’s economists have no shortage of confidence, offering models and measurements aplenty. But are the tools of the field keeping pace with the actual forces and factors at work? “The combination of economics with statistics in a complex world promises a lot more than it delivers,” economist Russ Roberts recently wrote. Continue Reading...

Video: Dispelling myths about economic inequality

The lure of socialism lies in its promise of “equality,” a hazily defined concept that educational and political leaders transform into an even more ambiguous social goal. The word itself triggers the innate sense of fairness and equity cherished by everyone raised under the influence of Western culture. Continue Reading...

Is there a connection between opioid use and unemployment?

  For the past several years the U.S. has been undergoing an opioid epidemic. Opioids are drugs, whether illegal or prescription, that reduce the intensity of pain signals reaching the brain and affect those brain areas controlling emotion, which diminishes the effects of a painful stimulus. Continue Reading...

Virtues, once again

“Crisis of Responsibility: Our Cultural Addiction to Blame and How You Can Cure It,” by David L. Bahnsen; Foreward by David French; PostHill Press, 2018; 170 pp.; $26. It’s been a long, hard slog on humanity’s path to the current century and its peculiar predicaments. Continue Reading...