Algorithms Are Fine — Until Governments Use Them Against Us

If you’re a frequent user of social media platforms you’ve probably noticed something akin to being watched or even monitored. Suddenly, an advertisement appears for a product you might have reviewed on Amazon or eBay. A series of videos appears to the right of your YouTube page relating to something you’ve watched days earlier. Facebook only shows you news feeds for posts you may have interacted with and ignores all of your other friends. The examples go on and on.

Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship

Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)

Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship by Virgil Henry Storr, Stefanie Haeffele-Balch, and Laura E. Grube, Palgrave Macmillan, 2015

When a community is hit by a disaster, how can it recover? What choices of that community enhance (or hamper) revival? These are some of the interesting questions considered about the economics of mega-disaster.

Response to a Review of Money, Banking, and the Business Cycle

Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017)

Abstract: Shawn Ritenour provides a review of my two-volume book Money, Banking, and the Business Cycle in the Winter 2016 issue of this journal. In his review, he provides a number of criticisms of the book and offers some compliments of the book as well. While I appreciate the compliments, most of the criticisms are not valid. In this response, I explain why it is that more money in the economy leads to more profits.

Brian P. Simpson is professor and chair, Department of Finance and Economics at National University.