Some Links

Tweet ^[1]

Bryan Caplan offers a short review of Yoram Bauman’s The Cartoon Introduction to Climate Change ^[2].

Inspired by Pikettymania, Steve Landsburg writes wisely about income inequality ^[3].  A slice:

The economist Thomas Piketty argues in his bestselling book that income inequality is frequently perpetuated by the accumulation of large stocks of capital. That’s all the more reason to celebrate, once you remember that one person’s accumulation of capital is another person’s opportunity to earn a living.

Remember too that “the accumulation of capital” is a fancy phrase for “the conservation of resources”. To accumulate capital, you’ve got to spend less than your income, which leaves more goods available for the rest of us.

Rob Bradley remembers the late M.I.T. economist M.A. Adelman ^[4], who died last week at the age of 96.  Rob continues his salute here ^[5] (and leads off with this quotation from Adelman):

The distinction between renewable and non-renewable resources is tenuous and perhaps in the last analysis untenable.

With help from Thomas Sowell – and from an eye-opening graph – Mark Perry helps explain the high cost of housing in California ^[6].

Randy Holcombe, one of my many great teachers at Auburn University, has a new book out; it’s an advanced introduction to Austrian economics ^[7].

Michael Barone, whose latest book is Shaping Our Nation, offers some thoughts on demographics and U.S. politics ^[8].  A slice:

Hispanics usually tend to vote more like whites than blacks, with high-income Hispanics trending Republican.

My Mercatus Center colleague Veronique de Rugy has more on how that great geyser of corporate welfare, the U.S. Export-Import Bank, spends its your money ^[9].

Comments