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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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Can innovation be sped up?, by Scott Sumner
One would think that there are public policies that would substantially accelerate the pace of innovation. I'm not so sure. I'll address this issue in a roundabout fashion, starting with a discussion of innovation in some seemingly unrelated fields. ...
Saturday, September 14, 2019

Prohibitions: Frontiers of liberty & markets, by John Alcorn
For the next ten weeks, I will write a series of posts about prohibitions: frontiers of liberty and markets.  This will be a topic discussion club, inspired by Bryan Caplan's recent book club about persistence of poverty.  However, we won't focus on ...
Friday, September 13, 2019

The unsung success of Japan's recent fiscal policy, by Scott Sumner
The media tends to dwell on bad news. Even when something is a smashing success, say Germany's 2004 labor market reforms, the reporting is relentlessly downbeat. The same is true of Japan's recent fiscal policy, which has finally brought the national...
Thursday, September 12, 2019

Michael Grossberg on Libertarian Futurism and Pretty Much Everything, by David Henderson
  I'm not big on libertarian futurism or on science fiction. I'm not bragging. On the contrary, I think it's due to my lack of imagination. So when I recommend an interview on the Libertarian Futurist Society's (LFS) Prometheus Blog, you can be fairl...
Thursday, September 12, 2019

You're All A Bunch of Socialists, by Bryan Caplan
A fun figure from Tetlock et al.'s "The Psychology of the Thinkable."  Possible level of outrage ranges from 1-7, 7 being highest. Background: Participants were told that the goal of the study was to explore the attitudes that Americans have about w...
Thursday, September 12, 2019

9/11, Six Years Later, by David Henderson
  George W. Bush has provided, and is providing, much of that pavement. As you know if you've been paying attention to the news, this is the 18th anniversary of the murders of almost 3,000 people in Washington, D.C., New York City, and Pennsylvania. ...
Wednesday, September 11, 2019

Monopolize the Pretty Lies, by Bryan Caplan
Why do dictators deny people the right to speak freely?  The obvious response is, "The truth hurts."  Dictators are bad, so if people can freely speak the truth, they will say bad things about the dictator.  This simultaneously wounds dictators' pri...
Wednesday, September 11, 2019

Power to the Children and Hail to the State!, by Pierre Lemieux
Three dangerous aspects of the relationship between children and political power are worth noting. First, children have been getting more and more political influence—that is, influence on making other people move under the threat of government guns....
Wednesday, September 11, 2019

Michael Trump or Donald Dukakis, by David Henderson
  In researching my article "Donald Trump Vs. Adam Smith," I came across Michael Dukakis's speech to Moog Automotive, an auto parts firm near St. Louis. What I found striking is the uncanny resemblance between Dukakis's and Donald Trump's views on fo...
Tuesday, September 10, 2019

The proper goal of education is utility, not learning, by Scott Sumner
Alex Tabarrok has a couple of recent posts that discuss the student evaluation of college teaching. One post ended as follows: Indeed, the correlation between student evaluations and student learning is at best close to zero and at worst negative. St...
Tuesday, September 10, 2019

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