Economist as prophet vs. savior

What do economists actually know? What can they possibly know? Assuming his usual role as the insider skeptic, economist Russ Roberts ponders those questions at length, concluding that far too much economic analysis is conducted and promoted with far too little humility. Continue Reading...

Why people prefer government to markets

Embed from Getty Images People do not love markets,” says Pascal Boyer of the International Cognition & Culture Institute, “there is a lot of evidence for that.” Sadly, Boyer is right and I suspect he’s right about the cause too: People do not like markets because people seem not to understand much about market economics. Continue Reading...

New Issue of the Journal of Markets & Morality (19.2)

The most recent issue of the Journal of Markets & Morality, vol. 19, no. 2, has been published online and print copies are in the mail. This issue features the publication of Acton’s 2015 Novak Award winner Catherine Pakaluk’s lecture, “Dependence on God and Man: Toward a Catholic Constitution of Liberty,” in addition to our regular slate of peer-reviewed articles. Continue Reading...

R.I.P. Hans Rosling: 4 memorable talks by the Swedish statistician

This week, we received the sad news that Professor Hans Rosling has passed away due to pancreatic cancer. A brilliant statistician and mesmerizing public speaker, Rosling was widely known for his dazzling data visualizations and compelling lectures on health, poverty, population, religion, inequality, and economic growth. Continue Reading...