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For those of you who think that government – or government that is democratically chosen – is unlikely to threaten the rule of law, George Will recounts an instance that ought to cause you to reorient your naive view of the state [2].

Marty Mazorra explains that Paul Krugman’s grasp of the economics of hedge funds is weak [3].

Ronald Radosh remembers Martin Sklar (1935-2014) [4].  (HT Bill Evers)

Stefan Homburg isn’t impressed with Thomas Piketty’s Capital in the Twenty-First Century [5].  (HT Tom Palmer)

Do you Americans think that you pay too much for gasoline?  You’re correct.  Scott Lincicome explains [6].

Andrew Biggs and Mark Perry weigh in on the “equal-pay” debate [7].

Amity Shlaes’s The Forgotten Man: Graphic Edition is now available! [8]

Bjorn Lomborg is unimpressed by bureaucratic reports on climate change [9].