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Don't miss Russ Roberts and Milton Friedman in Parts I and II of their recent EconTalk podcast, and David Ranson on Inflation in the CEE.
Bolívar: 200 Years Of Failure?
Lynch's superb biography of Simón Bolívar is no doubt a major
achievement, a key book for anyone who wishes to make any sense of
where many independent Latin American nations stemmed from and what
they have made of themselves....
The Yakoubovich Syndrome, or Lies, Damn Lies and Economic Policy
Anthony de Jasay
purchasing power by ratcheting up wages to revive a sluggish economy,
soaking the rich to help the poor, and giving aid to 'developing'
countries to reduce the flows of illegal immigration to the developed
world, are false promises that sound nice enough to be believed....
Birthdays and Commemorations
Upcoming birthdays and commemorative anniversaries of great economists and others:
Quote of the Day
August 30 - September 20
Arnold Kling and Bryan Caplan on issues and insights in economics
Envy, Happiness, and Social Policy (Arnold Kling, 2006-09-02)
Brad DeLong serves, I'm enough of a touchy-feey sociology-lover to believe that a good chunk of the utility the rich...
Freeze - Statistics Police! (Bryan Caplan, 2006-09-02)
Heard of the study that finds that beautiful women have more girls and intelligent men have more boys? Andrew Gelman...
Beyond Irrational--The Hinckley Effect (Bryan Caplan, 2006-09-01)
The most intriguing part of Steve Slivinski's Buck Wild is his section on the "Hinckley Effect." I've known about failed...
The Panel on Crisis of Abundance (Arnold Kling, 2006-09-01)
The video from the live event where a panel discussed my book is here. I am reasonably happy with my...
Lifespan and Heritability (Arnold Kling, 2006-08-31)
This gets my vote for most important research finding of the year (my emphasis): “How tall your parents are compared...
Health Care and Cost-Effectiveness (Arnold Kling, 2006-08-31)
The New York Times reports on a recent paper by Harvard's David Cutler and two co-authors. The study calculated, however,...
An Interview with Milton Friedman.
Podcast Transcript. Milton Friedman and Russ Roberts
Features Editor Russell Roberts
recently sat down with Milton Friedman, a few days before his 94th
birthday, to discuss the impact of two of his most important
contributions to economics and liberty: A Monetary History of the United States, 1867-1960 [co-written] with Anna Schwartz, and Capitalism and Freedom.
They discuss the role of the Federal Reserve from the Great Depression
through today and what the future might hold for inflation. Turning to
the principles and policy issues and Capitalism and Freedom,
they discuss the success (and failure) of the policy proposals that
Friedman advocated in the book. The wide-ranging conversation looks at
everything from sugar quotas to the social responsibility of business.
Along the way, Friedman reminisces about his dual career as
professional economist and public intellectual.
You can listen to the actual conversation here:
Bend It Like (Yogi) Berra
by Allen R. Sanderson
Soccer's World Cup finished recently and the average citizen of the
world, as usual, was much more enthralled along the way than the
average American. In this month's feature essay, the University of
Chicago's Allen Sanderson uses the lens of an economist and sports fan
to take a whimsical and informative look at why the rest of the world
likes soccer so much more than Americans do. You can find it here.
More on the economics of sports:
Rent-Seek and You Will Find
this month's feature essay, Mike Munger of Duke University looks at the
dark side of government largesse—when the government hands out money in
a bidding process to avoid the taint of corruption, people's scarce
time and lots of other valuable resources can get burned up at a
frightful rate. It turns out that competition in the political sphere
is not always beneficial.
See also the related EconTalk podcast.
Recent economics books available
Register for Econlib News for monthly new book announcements.
- The Works of Ludwig von Mises (under new and forthcoming). Paperback and hardcover. See also Econlib's complete, text-searchable, online editions of Ludwig von Mises's Human Action, Socialism, The Theory of Money and Credit, and more.
- The Complete Works of William Shakespeare 1916. Also, The Works of William Shakespeare, 2006. Most available in html, pdf, or e-book formats.
- DVDs from Liberty Fund: "Adam Smith and the Wealth of Nations" Narrated by Benjamin Rogge.
See also the
Downloadable in pdf format from the OLL: The Collected Works of John Stuart Mill. J.M. Robson, ed. Toronto Press. 33 vols. See also the
In print: Law and Economics and Economics without Frontiers. by Gordon Tullock. Vols. 9-10 of The Selected Works of Gordon Tullock, Charles K. Rowley, ed.
In print: Liberalism: The Classical Tradition by Ludwig von Mises. Bettina Bien Grieves, ed.
Online: Lachmann, Ludwig M. Capital and Its Structure. (1978, Institute for Humane Studies. First published 1956.)
Online: The Economics of Ludwig von Mises: Toward a Critical Reappraisal. Laurence S. Moss, ed. (1976, Institute for Humane Studies. Collected essays based on conference proceedings from 1974.)
Online: Fetter, Frank A. Capital, Interest, and Rent.
Murray N. Rothbard, ed. (1977, Institute for Humane Studies. Collected
essays with first publication dates from 1897 through 1937.)
Online: Dolan, Edwin G., ed. The Foundations of Modern Austrian Economics
(1976, Institute for Humane Studies. First published 1976, based on conference proceedings, 1974.)
Online: James M. Buchanan and Thirlby, George F., ed. L.S.E. Essays on Cost
(1981, Institute for Humane Studies. First published 1973, essays dating from 1934.)
Online: O'Driscoll, Gerald P., Jr. Economics as a Coordination Problem: The Contributions of Friedrich A. Hayek (1977)
Online: Kirzner, Israel M. The Economic Point of View (1960)
Online: Viner, Jacob Studies in the Theory of International Trade (1937)
Online: Cobden, Richard The Political Writings of Richard Cobden (1835/1867/1903)
Online: Hirst, Francis W., Ed. Free Trade and Other Fundamental Doctrines of the Manchester School (1820/1903)
Online: Hodgskin, Thomas Popular Political Economy (1827)
Online: Hodgskin, Thomas "A Lecture on Free Trade" (1843)
Online: Keynes, John Maynard The Economic Consequences of the Peace, (1919)
Online: Jevons, William Stanley The Coal Question, (1865)
Online: Young, Arthur Arthur Young's Travels in France, (1792). Matilda Betham-Edwards, ed.
Online: Barbon, Nicholas A Discourse of Trade, (1690)
Online: North, Sir Dudley Discourses Upon Trade, (1691)
Online: George, Henry Protection or Free Trade
Online: George, Henry Progress and Poverty
Online: Marx, Karl (1818-1883 ), Capital (Das Kapital): Vol. I., Vol. II., Vol. III.
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New and Forthcoming Liberty Fund Books and Videos. In print: Hardcover, paperback, and more.
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