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Germany, Japan, and Telangana

Econlib
Mancur Olson once argued that Germany and Japan grew rapidly after WWII largely because a great deal of bureaucratic deadwood was removed by the war.
1 month ago

John Wallis | Can Democracy and Capitalism Coexist?

University of Colorado Boulder
Recent commentators have questioned whether a capitalist economic system is fundamentally inconsistent with a democratic political system.
8 months ago

Former World Bank President Delivers Thoughts on Current World Economic Issues

University of Maryland
David Malpass, former World Bank president, joined the Smith School's Rajshree Agarwal to discuss global debt, economic policies, and the Federal Reserve's...
1 month ago

Are Drug Prices Abroad Too Low?

Cato Institute
In his 2022 Labor Day address, President Joe Biden said that the United States “has the highest drug prices in the world, and there is no reason for it.
2 months ago

Why economic warfare nearly always misses its target

The Economist
There is no such thing as a strategic commodity | Finance & economics.
2 months ago

Does Congress Still Suffer from Demosclerosis? (with Jonathan Rauch)

American Enterprise Institute
My guest is Jonathan Rauch, the author of the classic book, Demosclerosis: The Silent Killer of American Government (Times Books, 1994).
6 months ago

The Problem of Collective Action: An Illustration in Education

Econlib
As formalized by Mancur Olson in his seminal 1971 book The Logic of Collective Action, smaller social groups are easier to organize than larger ones.
4 months ago

Americans are wrong to wish for an era of stable bipartisanship

The Economist
Even though political instability is an economic threat | Finance & economics.
4 months ago

Milton Friedman on Government as the Problem

Econlib
Both David Boaz and Bryan Caplan recently sent a link to a YouTube audio recording of a talk that Milton Friedman gave in the early 1990s.
10 months ago

The tragedy of the tragedy

Duke Chronicle
The tragedy of the commons was popularized by ecologist Garrett Hardin who used the metaphor of sheep grazing on a common pasture to convey how natural...
1 month ago