One of the most robust findings in economics is that, with few exceptions, people respond to incentives, rather than intentions or moral principles. Individuals operate under constraints of time, information,…
Economy
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Substantive change has occurred in the subjects examined in my second book, Gold and Liberty (AIER, 1995), since it was published three decades ago. That change has been mostly negative,…
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The US Census Bureau just released state population data for mid-year 2025, along with updates for all previous years back to the 2020 Census. The Census estimates population growth with…
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Prediction markets seem to be everywhere these days. Now you can bet not only on the outcomes of sporting events, but also elections, wars, and natural disasters. Yet many people…
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Economy
Markets, Dignity, and Moral Responsibility: an Economist’s Response to Pope Leo XIV’s Dilexi Te
Towards the end of last year, Pope Leo XIV released his first Apostolic Exhortation, titled Dilexi Te (Latin for “I have loved you”). Many of the major themes of this…
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The largest event on the American sports calendar is once again about to take place, but with an interesting twist this year. Super Bowl LX ticket prices have declined sharply…
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We will probably never know the true death count of the courageous Iranian revolutionaries, but what has been shared in graphic detail is the horrific brutality of the Iranian theocracy…
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About 10 years ago, economist Matthew Mitchell and the Mercatus Center published a short video titled “The Wrath of CON: How Certificate-of-Need Laws Affect Access to Health Care.” The video…
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For the past few years, the world has been falling into what Foundation for Individual Rights and Expression (FIRE)’s Matthew Harwood calls a “free speech recession.” It’s tempting for those…
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The list of Trump administration foreign-policy moves in recent weeks is long. It conducted an attack on Venezuela, brought President Nicolas Madura and his wife Cilia Flores to stand trial…