Here’s this year’s crop of outstanding, newly minted – or very soon to be newly minted – GMU Econ PhDs who are on the academic job market.

Bob Higgs revisits the idea of the consent of the governed.  A slice:

When the North American revolutionaries set out to justify their secession from the British Empire, they declared, among other things: “Governments are instituted among Men, deriving their just Powers from the Consent of the Governed.” This sounds good, especially if one doesn’t think about it very hard or very long, but the harder and longer one thinks about it, the more problematic it becomes.

One question after another comes to mind. Must every person consent? If not, how many must, and what options do those who do not consent have? What form must the consent take—verbal, written, explicit, implicit? If implicit, how is it to be registered? Given that the composition of society is constantly changing, owing to births, deaths, and international migration, how often must the rulers confirm that they retain the consent of the governed? And so on and on. Political legitimacy, it would appear, presents a multitude of difficulties when we move from the realm of theoretical abstraction to that of practical realization.

Did Republicans obstruct the implementation of Obamacare with sabotage?

Jordan Candler explains why he was thankful last Thursday.

GMU Econ alum Ninos Malek explores intentions.

Richard Rahn busts some myths about tax rates and government-budget deficits.

Speaking about myths about taxes, Chris Edwards investigates the U.S. Senate’s tax-reform proposal.

Richard Epstein says let them bake cake!

Here’s the latest podcast from Reason.

My Mercatus Center colleague Dan Griswold is unimpressed by Trump’s effort to redefine ‘reciprocal trade.’


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