Tauquir Shayaan
The Problem of Extreme Cases
John Stuart Mill famously posited that pushing principles to their extreme can reveal their true worth, declaring, “unless…
Fewer Rules, Better People: How To Expand Discretion
In his thought-provoking work, Fewer Rules, Better People: The Case for Discretion, Barry Lam presents a compelling case…
The middle income trap – Econlib
In the United States, individuals living in poverty frequently encounter steep implicit marginal tax rates, as their benefits…
Contradictions Can Be Revealing: A Current Example
Contradictory statements can often reveal a lack of understanding or even cognitive dissonance. However, they may also serve…
Can Students Get Better Feedback?
Reflecting on my academic journey, one pivotal experience stands out: the influence of my high school English teacher.…
Cardwell’s Cage and How to Break Free
Historian Donald Cardwell once mused that “no nation has been very creative for more than an historically short…
Stablecoins and monetary policy – Econlib
Do stablecoins pose a significant threat to the effectiveness of monetary policy? This question was explored in a…
How Tariffs Built the World’s Worst Car that Only the Rich Could Have
Tariffs and Their Long-Term Consequences: A Cautionary Tale As the White House pushes forward with a tariff policy…
Fewer Rules, Better People: Lam on Legalism’s Moral Cost
In his book Fewer Rules, Better People: The Case for Discretion, Lam presents a compelling critique of rigid…
More Fronts in the War on Prices
When discussing opposition to rising prices, the conversation often drifts towards price controls. This isn’t entirely unfounded. In…
The Importance of Theory: Trade, Jobs, and Wages
Theoretical frameworks are essential for deciphering the complexities of our world. They enable us to interpret our surroundings…
The Firm: Disco Corp. and Ronald Coase
For over twenty years, Disco Corp., a Japanese powerhouse with annual revenues of $25 billion, has approached its…
They Didn’t Take Our Jobs
In my earlier discussion, I tackled the widely circulated notion that the United States is in the throes…
Why I love Imperfect Competition
In a recent statement, Donald Trump asserted that Americans are overly affluent and proposed that his tariffs would…
A UK Tariff Scorecard: We Lost
10 > 3.3. With Donald Trump’s frequent announcements about fluctuating tariffs, keeping track of the ever-changing landscape feels…