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Arnold Kling

Whether the topic is the economic effect of social security reform or the relationship between money and happi [Read More]

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Some Good News on Newspapers, by David Henderson
I like newspapers. I grew up reading the Winnipeg Free Press regularly, from about age 11 on. From 1984, when my wife and I moved to the Monterey Peninsula, until about 3 years ago, I subscribed to the Monterey Herald. But I noticed that the newspape...
Wednesday, December 19, 2018

Tucker Carlson is Wrong, by David Henderson
† instead we're getting waves of people with high school educations or less. Nice people, no one doubts that, but as an economic matter this is insane. It's indefensible, so nobody even tries to defend it. Instead our leaders demand that you shut up ...
Tuesday, December 18, 2018

The many problems with public opinion, by Scott Sumner
A commenter named Ted once asked me a series of interesting questions, and I've since done a few "Ted talks" over at MoneyIllusion. Today I'll do one here, in response to this request: More posts on how public opinion isn't real (for me, this was a b...
Tuesday, December 18, 2018

When All Else Fails for Christmas, by Bryan Caplan
Don't know what to give the nerd in your life for Christmas?† Then I highly recommend Jason Brennan's brand-new†When All Else Fails: The Ethics of Resistance to State Injustice.††The book is fun, timely,†and timeless.† A few highlights: Or suppose B...
Tuesday, December 18, 2018

Ain't a Dime's Worth of Difference?, by David Henderson
There ain't a dime's worth of difference between the Republicans and the Democrats. This quote is attributed to the late George C. Wallace, governor of Alabama in the 1960s and again in the 1980s, and frequent candidate for President of the United S...
Monday, December 17, 2018

Who's Afraid of Oscar Lewis?, by Bryan Caplan
In the 50s and 60s, Oscar Lewis could easily have been the world's most famous anthropologist.† He wrote a whole series of painstaking ethnographies of poor families from†Mexico, Puerto Rico, and India.† My 12th-grade AP Government class actually mad...
Monday, December 17, 2018

People, there's a whole world out there, by Scott Sumner
The world is much bigger than you or I can imagine. In a recent post, David Henderson does a nice job of showing the absurdity of talking about "the United States" as if it were a single person.† So what would you think of someone talking about North...
Sunday, December 16, 2018

Oil Prices and Inflation, by Pierre Lemieux
Many if not most economists must find annoying the frequent media reports on the presumed relation between the price of oil and inflation. Or perhaps many have become unsensitized? Here are two examples chosen more or less at randomóbut from two seri...
Sunday, December 16, 2018

Bob Murphy Conversation with David Henderson, by David Henderson
I had a blast doing this. Here is the link. Now the highlights. The times listed are roughly right. 3:30 to 5:00: My bio 5:00 to 15:00: How I got hooked on economics, especially the role of Harold Demsetz 15:30 to 18:00: Advice Milton Friedman gave 1...
Friday, December 14, 2018

Just blow it all up?, by Scott Sumner
In addition to the split between the left and the right, there's also a split between people who favor incremental change and those who want to "blow it all up."† In 2016, the British voted in a referendum in favor of exiting the EU.† The referendum ...
Friday, December 14, 2018

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