Obituaries for the late Princeton economist Alan Krueger have combined praise for his personal character with implicit (or explicit) endorsement of his research approach.

Well, at least they’re now being honest about it. A headline this week in The Guardian reads: “Ending climate change requires the end of capitalism. Have we got the stomach for it?”

Keynote AERC lectures and selected panels can be watched live at mises.org/live

Our online schedule includes (Central Time Zone):

Friday

9:15-10:15 A.M. | The F.A. Hayek Memorial Lecture (Sponsored by Greg and Joy Morin)

Randall Holcombe (Florida State University) | Political Capitalism: How  Economic and Political Power Is Made and Maintained

In recent years, the controversial subject of global warming and a potential “climate disaster” has received a lot of media attention.

There are progressive politicians who are now arguing that unless profound changes in public policy are made to reduce worldwide carbon emissions, we face an impending world-wide climate related catastrophe.

Resentment is a toxic reagent that directly undermines harmony and social cooperation, and can lead to support for policies that will make such problems even worse. Unfortunately, most of the attention given to resentment seems to be harnessing it to enact somebody’s political agenda into law, and very little seeks to understand it with an eye to reducing it and the problems it causes.

Part of the answer may be found in the distinction between ex ante (before the fact) decisions and ex post (after the fact) views about those decisions.

Currently we can observe a general slowdown in the annual growth rate in price inflation across major countries around the world. For instance the yearly growth rate of the US consumer price index (CPI) fell to 1.5% in February from 1.6% in January and 2.2% in February last year. In Europe, the yearly growth rate of the EMU CPI stood at 1.5% in February versus 1.4% in January and 2.3% in October 2018.

In the latest episode of conservatism as “progressivism driving the speed limit,” former U.S. Senator Rick Santorum proposed the idea of paid leave at the Conservative Political Action Conference (CPAC).

The Federal Reserve’s Federal Open Market Committee on Wednesday voted unanimously to keep the federal funds rate unchanged. Overall, the FOMC signaled it has made a dovish turn away from the promised normalization of monetary policy which the Fed has promised will be implemented “some day” for a decade.

In the wake of the March 15 New Zealand shootings, advocates for new gun restrictions in New Zealand have pointed to Australia as “proof” that if national governments adopt gun restrictions like those of Australia’s National Firearms Agreement, then homicides will go into steep decline.

It is not every day the iconic F.A. Hayek is associated with support for one-world government. Yoram Hazony’s critique of Hayek on that score highlights interesting fissures in theories of political economy on the Right. In some of his newspaper writing, and in The Virtue of Nationalism, the Jerusalem-based academic argues that Hayek advocated replacing independent nations with a world-wide federation.