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Most recent posts

  • The Sharing Economy, A Reprise

    posted to Cafe Hayek on Wed 9th Oct 13

    Regular Cafe patrons will recognize my current column in thePittsburgh Tribune-Review as echoinga Cafe blog post from a few months back. This column reviews some basic economics of speculation. In it, I explain that speculators, seeking only to make as much

  • Walter Williams and Thomas Sowell on the Minimum Wage as Maximum Folly

    posted to Cafe Hayek on Tue 8th Oct 13

    Here’s a relatively recent seven-minute-plus discussion between my GMU Econ colleague Walter Williams and the Hoover Institution’s Thomas Sowell on the minimum wagegovernment’s practice of ordering low-skilled workers to remain unemployed

  • By Definition, By Definition Doesnt Work Here

    posted to Cafe Hayek on Tue 8th Oct 13

    On page 167 of his 2013 book,Debtors’ Prison, Robert Kuttner writesMarkets are, by definition, hardly reliable.This comment by Kuttner is so remarkable that it leads off my review inBarron’s of his book.As Kuttner sees the world…. Bydefinition

Most popular posts

  • Sociology (by Russell Roberts)

    posted to Cafe Hayek on Thu 11th Jun 09

    My colleague Bryan Caplan at EconLog onhow economics is evolving: I've studied economics for over twenty years. The more I think about it, though, the more I realize that I don't know what "economics" means anymore. Textbooks may say that economics is about

  • Who's the Partisan Hack? (by Don Boudreaux)

    posted to Cafe Hayek on Mon 12th Jan 09

    Brad DeLong says that his blog is "Reality-Based."  And, indeed, it often offers sound, reasonable, clear-eyed commentary - stuff that I typically find valuable even when I disagree with it; indeed, chiefly when I disagree with it.But not always. 

  • The Unsung Successes of the Market (by Don Boudreaux)

    posted to Cafe Hayek on Mon 2nd Mar 09

    It's become an article of faith among lots of people that recent events prove (or at least suggest) that markets don't work very well.Let's assume -- contrary to what my assessment of the evidence tells me -- that the housing bubble and its crash, along with

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