by samuel gregg
If we truly want to promote America’s common good, even more government intervention than we already have is probably not the way to do it.
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interview with Lee Ohanian via Scientific Sense
Hoover Institution fellow Lee Ohanian discusses whether Phillips Curves are useful for forecasting inflation as well as New Deal policies and the persistence of the Great Depression, and much more.
featuring Russ Roberts, Richard A. Epstein, Milton Friedman, Thomas Sowell, Lee Ohanian, John H. Cochrane, Daniel Heil via PolicyEd
Prices contain vital information. Too often, governments interfere with them. In an attempt to protect consumers, politicians mandate lower prices. Other times, governments push prices up to benefit certain industries. These efforts might be well intentioned, but they distort the information that prices convey and tend to make us poorer.
interview with Victor Davis Hanson via The Classicist
Victor Davis Hanson examines the confluence of trends — a contempt for American history; the decline of the rule of law; the intellectual rot of the academy; the rise of ingratitude and cultural contempt — that are weakening the foundations of American society.
by John H. Cochrane via The Grumpy Economist
This is a talk I gave for IGIER at Bocconi (zoom, sadly) Jan 11 2021. Olivier Blanchard also gave a talk and a good discussion followed. Yes, some content is recycled, but on an important topic one must go back to refine and rethink ideas. This post has mathjax equations and graphs.