Category Archives: Economics

Small Is Beautiful: Economics as if People Mattered by E.F. Schumacher (7-20-18)

* The education and Catholic conversion of E.F. Schumacher. From the Amazon reviews: * Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair … Continue reading

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23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang

From Amazon.com: The acclaimed Ha-Joon Chang is a voice of sanity-and wit-in this lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists have spun since the … Continue reading

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Kevin Michael Grace Book Club: Nassim Nicholas Taleb’s Skin in the Game (6-8-18)

Skin in the Game: Hidden Asymmetries in Daily Life #1 NEW YORK TIMES BESTSELLER • A bold new work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, … Continue reading

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Is Anyone Who Opposes Free Trade A Bigot?

Comment: My thanks to Profs. Mankiw, Mansfield and Mutz for pointing out that anyone who questions free trade is a bigot, xenophobe and isolationist. I had thought that this heresy might spring from the life experience of Americans, unhappily not … Continue reading

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The Case Against Free Trade

The Conservative Treehouse: When you understand the scope of food export, and also the risks of food manufacturing, and when you understand the severity of quality control needed to produce food safely, you begin to understand why massive corporations are … Continue reading

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My UCLA Economics Prof Interviewed By The WSJ

LINK: Mr. Roberts is decidedly not in the materialist camp. He has described himself as a believer, a religious Jew, and he has a penchant for literature. One of his books is an “economic romance” about a young high-school teacher … Continue reading

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Neal Gabler’s Money Problems

Comments at LOTB: * The great thing about that Atlantic article is how it turns into a humblebrag if you keep reading. First the guy’s all about his economic insecurity, then you learn: – Thinks were tight for him in … Continue reading

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The Point Of Charter Schools

Comments to Steve Sailer: * The whole point of charter schools is to allow well-connected insiders to steal from American taxpayers. It would be racist to deny, to the Turks only, a boon given freely to any Saudi prince, Nigerian … Continue reading

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Economist Russell Roberts: Do You Care At All About The Chinese Escape From Poverty?

I care more about America than I do about China and I want a trade policy that favors American interests, including the dignity of American workers. China cannot rise peacefully. I reply to Russell Roberts: “China is our enemy. As … Continue reading

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Would Trump’s Trade Policy Really Cause a Recession?

Economists Howard Richman and Raymond Richman write: On Thursday, Governor Mitt Romney gave an anti-Trump speech in which he called upon Republicans to vote for anybody but frontrunner Donald Trump so as to produce a brokered convention.  Romney claimed that … Continue reading

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