Freeman

Book Review

In Us We Trust?

David Rose argues that trust is a prerequisite of economic growth

MARCH 07, 2014 by GARY CHARTIER

Trade thrives on trust between strangers. A society without strong, internalized preferences for being trustworthy is unlikely to be a wealthy one.

Nutrition Without Romance

JANUARY 31, 2014 by JENNA ROBINSON

Blogger Denise Minger might not have heard of public choice theory, but she applies it without remorse to America's dietary-industrial complex in her book, Death by Food Pyramid.

Restrict and Stimulate

A patchwork of U.S. housing policies caused a bunch of little bubbles

NOVEMBER 22, 2013 by GARY M. GALLES

Randal O'Toole investigates the housing boom and bust, and comes up with some things you don't hear about in mainstream accounts.

The Great Deformation: The Corruption of Capitalism in America

OCTOBER 03, 2013 by ROBERT BATEMARCO

David Stockman's survey of the slow death of American capitalism seems to have an Austrian heart. The long, sad story should cast permanent doubt on the credibility of government pronouncements--especially when it comes to preventing "the next Great Depression."

China: Yes, It's Capitalism

The most growth happened where the State had the least power

SEPTEMBER 19, 2013 by JANE S. SHAW

Ronald Coase's final work makes subtle points about institutional development while giving a blow-by-blow account of how, despite the State, China became capitalist.

It Didn’t Have to Be This Way

AUGUST 27, 2013 by ROBERT BATEMARCO

Harry Veryser's synthesis of economic history and Austrian economic theory is a must-read for anyone seeking to understand the last 200 years.

Bretton Woods' Fatal Conceit

The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order

AUGUST 22, 2013 by DOUGLAS FRENCH

Benn Steil's account of the people and personalities at the heart of the Bretton Woods conference makes for fascinating reading, even if you're not a history buff or economics geek.

The New War Between the States

Fate of the States: The New Geography of American Prosperity

JULY 15, 2013 by DOUGLAS FRENCH

Economic power followed the population to the coasts and the sand states during the boom. In the wake of the bust and interventions along the coasts, "flyover country" is becoming the source of America's economic growth.

The “Great” Writ

The Power of Habeas Corpus in America

JUNE 07, 2013 by ALLEN MENDENHALL

Anthony Gregory's examination of habeas corpus traces its spotty record, explains how it can manage to produce power rather than restrict it, and puts Foucault to a novel use.

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CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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