Profiles

Behavioral economists are masters of comparing apples to oranges and dressing up incorrect statements in fancy language and mathematics.

Free-market economists don't run the world, and book reviewers at the NYT should stop pretending they do.

Environmentalists rightly point out it is very difficult to manage a complex ecosystem. But they conveniently ignore the fact it's even more difficult to manage an economic system — especially one thrown into disarray by environmental regulations.

To cause a truly disastrous boom and bust with far-fetching real consequences, you need to control the money supply.