I’ve argued here and elsewhere that property is an institution of involuntary, violent, coercive aggression (I, II, III, IV, V, et al). These arguments are clearly correct, but they are lacking in one important respect: they don’t constitute a full descriptive account of the institution [...]
Nate Silver launched FiveThirtyEight this week along with a really long manifesto. In it, he attacks a lot of other journalism and especially opinion writers. This is easy to do because a lot of journalism is pretty bad, often for the reasons he provides.
A number of other writers did not take kindly [...]
In his new book, Piketty has a rather lucid interpretation of Marx’s hypothesized “tendency of the rate of profit to fall” that also helps illuminate his hypothesis that capital’s share of income will grow in the next century.
For Marx, the logic of capitalism would either cause the rate of profit [...]
From “Capital in the Twenty-First Century:”
To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences. Economists are all too often preoccupied with petty mathematical [...]
This graph purports to show an increase in regulation activity in the United States:
The Federal Register is the place where administrative agencies put notices of proposed rulemaking (NPR). The assumption underlying the graph is that more pages in the Federal Register means that there are more proposed rules and [...]
A bigger flaw with the argument comes with Bartels’s second piece of evidence. He cites scholars at Columbia University who have concluded that Social Security, the earned [...]
Consider this tweet:
In a truly liberal society, anyone could refuse to engage in private commerce with anyone for any reason http://t.co/UxqCQKYyb4
— JustinGreen4000 (@JGreenDC) March 7, 2014
Now ask yourself this question: can people in the U.S. refuse to engage in private commerce with anyone for any reason?
Jenny Jarvie has a piece in The New Republic about trigger warnings, the phenomenon in which people warn others that the content of some piece might trigger emotional trauma for certain people. The author does not like them, bemoans their spread to college classes, and thinks there is no logical stopping point once [...]
The debate about the Arizona bill that endorses anti-gay discrimination on religious freedom grounds has been mostly trash so far. Here, I want to raise a few points that I have not seen presented elsewhere.
1. Nobody is forced to do an occupation.
Friedersdorf describes a class of people called “Christian Bakers.” [...]
Megan McCardle has been going on about how failure is good of late, owing to having written a book about it. The argument is pretty generic: failures come from risk-taking and deviations from the norm that are necessary for people to come up with new ideas and such. Accordingly, she recommends [...]