Freeman

Wabi-Sabi

Incentives 101

Why good intentions fail and passing a law still won’t get it done

NOVEMBER 13, 2014 by SANDY IKEDA

The economic way of thinking requires looking at the incentives, not banning the consequences.

The Power of No

Being able to say no is what enables us to say yes.

OCTOBER 30, 2014 by SANDY IKEDA

Being able to say no defines the scope of our personal autonomy, while being able to say yes allows us to creatively explore (or not) the freedom that autonomy gives us.

The Rule of Law Is Limited by the Size of Government

OCTOBER 16, 2014 by SANDY IKEDA

The rule of law confers predictability and constrains power. But as government grows, this principle of minimal government is weakened.

Wages and the Free Market, Part 2

Innovation Is the Lifeblood of a Healthy Economy

OCTOBER 02, 2014 by SANDY IKEDA

When it comes to rising living standards, innovation is far more important than efficiency.

Wages and the Free Market, Part 1

Dispelling labor market myths with theory and data

SEPTEMBER 18, 2014 by SANDY IKEDA

It's popular to claim that efficiency is the enemy of workers. But it's not true.

Violence and the Illusion of Certainty

SEPTEMBER 04, 2014 by SANDY IKEDA

The certainty of our beliefs can cause strife; when combined with political power, the results are often disastrous.

Plot Holes in Fiction and in Life

AUGUST 21, 2014 by SANDY IKEDA

People make mistakes. In novels, mistakes can mean that the plot fails. In real life, mistakes open opportunities.

Dissent Under Socialism

Intolerance for free expression grows with the scope of central planning

JULY 24, 2014 by SANDY IKEDA

Central planning always conflicts with expressions of dissent, whatever a ruling party might call itself.

Discussion versus Debate

JULY 10, 2014 by SANDY IKEDA

Debate is a zero-sum game: In order for you to win, your opponent has to lose. As a result, debate is deeply anti-intellectual.

Heterogeneity: A Capital Idea!

JUNE 26, 2014 by SANDY IKEDA

Few mainstream economists give capital theory proper attention, even as they are abuzz about Thomas Piketty's Capital in the 21st Century.

1  2  3  4  5  >  >> 

EMAIL UPDATES

* indicates required

CURRENT ISSUE

November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION