Category Archives: Economics

Free Trade Doesn’t Work: What Should Replace It and Why by Ian Fletcher

Here are some highlights from this 2011 book: * Foreign governments treat trade as war and use every trick in the book—legal and illegal under international agreements—to grab their industries a competitive advantage. And even when they don’t cheat, they … Continue reading

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Is Economics A Science?

An academic emails me: “I didn’t read the book, but if Glaeser is describing it accurately then the authors have a very naive understanding of science–i.e., interminable disagreement means an activity isn’t science. Galeser points out that physicists disagree about … Continue reading

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Why do Jews have more wealth than Christians?

* Book: Wealth in America * Higher IQ predicts higher performance. * Linda Gottfredson on IQ and achievement. Audacious Epigone: “A paper by Helmuth Nyborg tracking white adolescents by religious denominational membership, IQ, and income by way of the NLSY, … Continue reading

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Economists and Merkel’s migrants

Greg Cochran writes: Someone polled a number of prominent economists whether the influx of refugees into Germany beginning in 2015 will generate net economic benefits for German citizens over the succeeding decade. About half said yes, a little less than … Continue reading

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Small Is Beautiful: Economics as if People Mattered by E.F. Schumacher

* 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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