Lynne Kiesling While we’re at Learn Liberty, and in light of today’s Congressional Republican federal government budget proposal, here’s economist Antony Davies on the implications of our government’s indebtedness. [youtube=http://www.youtube.com/watch?v=ID4xay5RITY&feature=player_embedded] When we covered this in my intro macro class this winter, it was sobering for my 18-20-year old students to realize that they are the …
Lynne Kiesling Got two spare minutes and want to spend it enriching yourself? Then watch this great Learn Liberty video from Aeon Skoble. Aeon’s a philosopher who also reads a lot of economics, so he’s in a distinctive position to make this important point — both economists and philosophers use the word “value”, but we …
Lynne Kiesling Fear is a strong motivating factor, having evolved over millennia as we have protected ourselves against predators. Fear supports self-preservation by making us risk-averse and cautious. But such a deep, visceral, evolved emotion does not always serve our long-term objectives of thriving; it leads to maximin outcomes, and it is often mismatched to …
How Fear Affects Policy: Adam Thierer on Technopanics Read More »
Lynne Kiesling I am thrilled to welcome my friend, knitting buddy, poetry expert, and all around Renaissance woman Sarah Skwire as a guest blogger! Sarah’s incisive intellect enables her to see connections across literature, economics, and political theory, and we welcome her insightfulness whenever the economics bug bites. Welcome, Sarah.
Lynne Kiesling Today’s Wall Street Journal has a review, King of the Shopkeepers, of a new biography from Caroline Dakers. A Genius For Money tells of the rags-to-riches life of James Morrison, a Victorian innovator of retailing and banking in England. I can already tell that I am going to order the book as soon …
Lynne Kiesling A couple of weeks ago, a few friends and I had some fun making this promotional video for Students for Liberty: [youtube=http://www.youtube.com/watch?feature=player_embedded&v=M7iW4n_OHpg] If you are a student and want to get more involved in creating a future in which our civil liberties still exist, economic freedom prevails, and we interact with others through …
Students: A Message from the Elderly — Join Students for Liberty! Read More »
Lynne Kiesling Have you been tempted to nudge? Persuaded by arguments in favor of default opt-ins for things like retirement savings plans? Or do you think behavioral economics is largely about committing the Nirvana fallacy by holding out for some perfection that is only possible in theory? Regardless of your familiarity with or persuasion by …
Lynne Kiesling In one of the most incredible pieces of fortuitous timing, after I recommended Richard Epstein’s Simple Rules for a Complex World in my post on our regulatory thickets, here’s a new video of Richard discussing this exact topic! [youtube=http://www.youtube.com/watch?v=HUr-MbPUl5M] A clear 22-minute discussion, well worth your time (and the time of any Congressional …
Lynne Kiesling This week’s Economist has an article that points out what many US residents, and readers of this blog, know full well: But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a …
Lynne Kiesling I am pleased to announce my first video in the Learn Liberty series — “Regulating Monopolies: A History of Electricity Regulation“. [youtube=http://www.youtube.com/watch?v=430OAJuh0nk&feature=player_embedded] It’s a brief overview of the economic history of the origins of the electricity industry and its regulation, and points towards the extent to which in the 21st century we are …
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