William Baumol, RIP
Baumol leaves behind an influential body of research on numerous topics relating to entrepreneurship, innovation, and economic growth.
Entrepreneurship
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Week in Review: April 8, 2017
After months of calling for more trade wars and drug wars, the Trump administration now wants a full-blown war in Syria.
Nudges for Thee, But Not for Me
To most observers, nudging sounds like clever management techniques. The power to nudge by the state, however, is an entirely different matter.
Will Trump Drain the Swamp with Blockchain?
By utilizing blockchain Trump can employ disruptive technology to achieve his populist ends.
Economic Action Beyond the Extent of the Market
Per Bylund presents the 2017 Murray N. Rothbard Memorial Lecture.
What Economists Are Not—And Shouldn’t Try to Be
Economists should not “design the tap” or “lay the pipes” for government intervention.
Moral Hazard: Kenneth Arrow vs. Frank Knight and the Austrians
Rather than impartial referees reducing moral hazard, governments are its most common cause.
NFL Free Agency and the Market Process
Any serious analysis of the NFL is incomplete without a sound understanding of basic economics.
