Tauquir Shayaan
A Societal Nobel Prize in Economics
In a recent announcement by the Royal Swedish Academy of Sciences, the 2024 Nobel Prize in Economics was…
The Economic Impact of Superstars
The economic impact of superstars like Taylor Swift and Shohei Ohtani is a topic of discussion in a…
California Bureaucrat Says the Quiet Part Out Loud
The California Coastal Commission recently made a controversial decision to reject the Air Force's plan to allow SpaceX…
Misinformation and the Three Languages of Politics (with Arnold Kling)
But, my perspective would be that it's better to let those ideas be out there and let them…
Is AI Dumber than a Cat? Some Related Points
Artificial Intelligence (AI) has been a topic of much discussion and debate in recent years. Some have proposed…
Hayek’s Nobel at 50 – Econlib
The anticipation is building as we await the announcement of the Nobel Prize in Economic Science tomorrow. This…
My Weekly Reading for October 13, 2024
Irwin Collier, a prominent figure in the field of Economics, shared an intriguing excerpt from a letter written…
Is divided government a good thing?
Is Divided or Unified Government Better for Good Governance? When considering whether divided or unified government is better…
When Should the Government Intervene?
When determining when the government should intervene in markets, it is crucial to consider a number of factors.…
Introducing EconLog Price Theory: Cutsinger’s Solution
Price Theory Problem: Allocating Milk Across Different Uses In a thought-provoking quote from Thomas Sowell's book, "Basic Economics,"…
Decoupling Desert and Responsibility – Econlib
In the realm of analyzing the world, one interesting concept to consider is the dichotomy between high decoupling…
Pin factory, 40,000 BC
Adam Smith, the renowned economist, famously observed the impact of specialization on productivity in a pin factory where…
Baumol’s Cost Disease Comes to Britain
Britain’s incoming Labour government faced a challenging start in July with news that independent pay review bodies recommended…
Taiwan is the Alternative, Not the CCP
Taiwan: A Beacon of Freedom and Success in Asia Last month, I had the privilege of visiting Taiwan…
Notes on Hayek’s “The Use of Knowledge in Society”
But then Hayek offers a solution in Section V, second paragraph: The problem, which we meet here for…