Bureaucracy and Regulation

A lot of economic policy is based on "economics" which makes assumptions that have very little to do with actual reality.

It is clear that there are situations in which the unions’ interests diverge from the public’s interest in transparency and good policing. But the unions’ interests also often diverge from the interests of individual members.

Jeff Deist and Jim Bovard discuss Mencken's work, his complicated elitism, his Old Right politics and social views, and the magnificent pleasure of reading this master.

It is clear that there are situations in which the unions’ interests diverge from the public’s interest in transparency and good policing. But the unions’ interests also often diverge from the interests of individual members.

Garet Garret's essay "The Revolution Was" explains with tremendous clarity the the ongoing revolution happening under our noses. Ryan McMaken joins Jeff Deist for a deep exploration of the essay and its lessons for us today. 

“Africa doesn’t have the vaccines and the resources to fight COVID-19 that they have in Europe and the U.S., but somehow they seem to be doing better.”

China's industrial policy has been marked by many failures and few successes. Rather, China's real growth has been fueled by the regime's limited turn to markets. 

Economics is not simply a series of transactions with hidden implications. Rather sound economics understands that long-term effects outlive the short-term effects of every economic principle or policy.

China's industrial policy has been marked by many failures and few successes. Rather, China's real growth has been fueled by the regime's limited turn to markets. 

One cannot declare the scientific method simultaneously to be both valid and invalid, yet, this is what Krugman is doing.