November 2024 ISSUE

Feeling Lucky?

By Arnold Kling

My appointment at Washington University was in the sociology department. During the autumn of my fourth year, I ran into a social work faculty friend of mine in the hallway of my building... she mentioned in passing that the social work school had a job opening that...

Thinking: Both Fundamental and Misunderstood

By Richard B. McKenzie

In his 2017 Nobel lecture, University of Chicago Professor Richard Thaler focused on how his native discipline, economics, lost its analytical way when economists founded their theories on methodological sand, meaning a premise of not just human rationality, but perfect...

Freedom and the Lawmakers

By Alberto Mingardi

A Book Review of Over Ruled: The Human Toll of Too Much Law, by Neil Gorsuch and Janie Nitze.1 Liberties, Thomas Hobbes wrote, "depend on the silence of the law." Nowadays the law is very chatty. Here are three examples from the new book by Supreme Court Justice...

Conceived in Liberty or Conceived in Sin? Exploitation and Modern Prosperity

By Art Carden

Economics in One Lesson author Henry Hazlitt said that good ideas must be re-learned every generation. As I tell my economic history students, we're contending for the values of the Enlightenment—life, liberty, equality, and the resulting prosperity. Contrary to what ...

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Richard Epstein