Economic Insights


Brandishing Brands

Edward Snyder of the University of Chicago Business School has a novel idea about the problem of some unscrupulous manufacturers in China cheating customers (including other manufacturers) with unsafe products:…

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A Great Approach to History

My friend Steve Davies, a truly wonderful lecturer on history, gave a great talk yesterday on the nature of history at this IES Europe seminar. A precis of it can…

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New Index of Liberalization Available (in Italian)

My friends at the Instituto Bruno Leoni have produced a new “Index of Liberalization” to measure openness to competition.

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Very Cool

I’m looking forward to flying on a lighter, cheaper-to-fuel, more luxurious Boeing 787! Imagine a firm in a highly state-subsidized industry thinking like this: “Our journey began some six years…

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Mises, Call Your Office!

The stories keep repeating themselves, so they should come as no surprise. The world, it seems, is still governed by “cause and effect.” These New York Times articles tell the…

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The Bottom Billion

This review by Niall Ferguson (combined with my knowledge of other work by Collier that I’ve read) spurred me to order Paul Collier’s new book, The Bottom Billion: Why the…

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An Intelligent Analysis

of Patents for Software, by my colleague Tim Lee, in today’s New York Times: “A Patent Lie.” But donâ??t software companies need patent protection? In fact, companies, especially those that…

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A Chinese Model?

Middle Kingdom, Middle Path? James Mann has an interesting article in today’s Washington Post, “A Shining Model of Wealth Without Liberty,” which asks whether China presents a new model political/economic…

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A Stimulating Source of Thought

My old friend Bertrand Lemennicier, who always takes great pleasure in provoking thought, has a quite interesting website, mainly in French. (It also hosts an elegant edition of my essay…

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How It’s Done

Theft on a truly astounding scale. Aggression against Estonia, a formerly occupied but now independent nation. Politically motivated trade embargoes against formerly occupied but now independent nations, Poland, Georgia, and…

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