Browsing: Econlib

In his 1980 book, Knowledge and DecisionsThomas Sowell highlights the importance of social authentication and verification processes. Does this work?…

Discussions on what constitutes a “fair” (or just) price are quite old.  Classical market liberals will typically classify a fair…

The conclusions we reach about the world are, to a large extent, influenced by our underlying intuitions. Various writers have…

It’s morning in Tokyo. You’re sitting on your balcony with a cup of coffee or tea, enjoying the rising sun…

I watch a lot of nature documentaries. I’m not very choosy about the animals covered, whether whales, moles, lions, ants,…

Process knowledge is hard to measure because it exists mostly in people’s heads and the pattern of their relationships to…

On my (endlessly expanding) “to-read” list is Nicholas Wade’s book The Origin of Politics: How Evolution and Ideology Shape the…

The Bureau of Labor Statistics released updated figures on household and individual income.  The news is quite positive: Real median…

During the late 1990s a scientific paper investigating the link between the MMR vaccine and Autism was published in the…

Many libertarians and classical liberals consider the 19th century in the West as the most liberal epoch in history. We…