Academia’s Increasing Specialization

Murray Rothbard often quipped that he was immune from Rothbard’s Law -- the tendency of scholars to specialize in what they’re worst at -- because he didn’t specialize in anything. Unfortunately, it’s more and more difficult for a generalist to survive in today’s academic climate, which encourages hyper-specialization by rewarding increasingly narrow, technical studies. Each sub-discipline and sub-sub-discipline has its own jargon, its own specialty journals, its own programs and workshops, and so on.

Let Freedom Sing … Properly

The current administration’s effort to promote competition in the music industry is picking up steam. Last month Arnold Tinker, spokesperson for the Department of Justice, said during the official press conference that “Mariah Carey’s continued refusal to abide by the strictures of the 2004 agreement on uncompetitive practices has led us to invoke Article 56 of Section 8 from the same”.

On Krugman’s Introduction to Keynes’s General Theory

Among current proponents of activist government, few have greater name recognition than Paul Krugman. While most economists focus on communicating their ideas to their students and peers, professor Krugman has targeted the educated public with his work. This work now includes an introduction to The General Theory of Employment, Interest, and Money, by John Maynard Keynes. Brad Delong has posted an abridged version of this book on his website.

A Plan for Presidential Pork

Americans seem to have an overwhelming desire to believe that government is the answer, regardless of the question. But given that this belief is untenable to anyone paying even cursory attention to reality, they evade rather than face that reality by constantly looking for the “if only” that might square the circle-if only we could find the candidate who would not be corrupted by the inherent incentives toward abuse in government or some gimmick that would magically generate good government despite those incentives.