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Some Links

My GMU Econ colleague Dan Klein – whose excellent 2012 book, Knowledge and Coordination, is now out in paperbackreflects on the value of reflecting deeply on Adam Smith’s moral reasoning.  (See also this paper by Dan.)

Randal O’Toole explains how today’s fetish for “sustainability” makes our world less sustainable.

And yet, as this new and wonderful initiative – HumanProgress.org – from the Cato Institute shows, “the state of humanity is improving.  Fast.”  Indeed it is, despite all the rent-seeking, cronyism, economic ignorance, and hubris-fraught intellectuals forever subjecting innocent people to their schemes for engineering human society into better states.

George Will reports on yet another example of Uncle Sam run amok.

Ricardo Hausmann explains the importance of tacit knowledge – and draws policy lessons for immigration and foreign investment.  (HT Tyler Cowen)

Over at Division of Labour, Frank Stephenson gently chides Joe Stiglitz for failing to appropriately recognize some contributions of Chicago economics.

Wisdom from David Henderson.