Tweet [1]
Matt Ridley laments the juvenile attachment to virtue signaling [2].
Are Thomas Piketty’s data reliable? [4]
John Tamny busts mercantilist myths about the consequences of government subsidies [5].
Here’s the opening paragraph to a recent, superb essay by Mike Munger [6]:
People sometimes ask me, “What is the most important concept in political economy?” The answer is easy, but subtle: permissionless innovation, a strong presumption in favor of allowing experimentation with new technologies and with new business platforms that use those technologies. A lot has been written about why this vague concept is so powerful (my own go-to source is Adam Theirer’s Permissionless Innovation [7]).
Gary Galles celebrates the work of Benjamin Constant [8].