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Retro Book Reviews: A Capitalism for the People: Recapturing the Lost Genius...

University of Chicago economist Luigi Zingales’s book A Capitalism for the People: Recapturing the Lost Genius of American Prosperity, which celebrates its 10th anniversary this year, attempts to...

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Best Books of 2021: Keith E. Stanovich, The Bias that Divides Us: The Science...

Today’s political polarization isn’t just annoying, it’s damaging important cultural and family institutions. And tensions won’t de-escalate until people figure out the root of the problem. University...

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I, Pencil Meets Today’s Political Realignment

Conservatives are different than they were just a few years ago, and it isn’t just because of Trump, who is more a symptom than a root cause. There is a larger political realignment underway, as...

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John Stuart Mill on the Limits of Economics

We must never forget that the truths of political economy are truths only in the rough: they have the certainty, but not the precision, of exact science. -John Stuart Mill, Principles of Political...

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Fighting Bias and Misinformation, from Pierre Bayle’s 17th Century to the...

Many people insist that media bias and misinformation are getting worse in the social media age, and we need to do something about it. Depending on whether one leans Democratic or Republican, tech...

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The Progressive Playbook? Thoughts on a Slippery Slope

Is there a master plan behind the blunders of governments? Or are politicians just making it up as they go along? The cabal model is tempting. A lot of people tend to believe that it is not enough for...

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Different Attitudes Towards Life

In today’s polarized discourse, there is a stark difference between thinkers who spend most of their time being for something, and those who spend most of their time being against something. One...

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Who Bears the Burden of Proof in Justifying Regulations?

John Stuart Mill gave his answer on p. 938 of the Liberty Fund edition of his Principles of Political Economy, in volume 3 of his collected works: “[T]he onus of making out a case always lies on the...

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Upcoming CEI Event: Bart Wilson on The Property Species

At noon ET on Thursday, February 11, CEI is hosting an event with the experimental economist Bart Wilson, author of The Property Species: Mine, Yours, and the Human Mind. He is also a frequent...

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Best Books of 2020: Joseph Henrich – The WEIRDest People in the World: How...

It’s early, but The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous by Joseph Henrich will likely be one of the new decade’s most influential...

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Book Review: Eric Metaxas – Bonhoeffer: Pastor, Martyr, Prophet, Spy

Eric Metaxas – Bonhoeffer: Pastor, Martyr, Prophet, Spy  (Nashville: Thomas Nelson, 2010) Who was Dietrich Bonhoeffer? He was a German pastor who became a prominent resistor to Hitler’s Third Reich....

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Best Books of 2020: Virgil Henry Storr and Ginny Seung Choi – Do Markets...

Most people see markets as dens of greed and moral corruption. In their new book, Do Markets Corrupt Our Morals?, Virgil Henry Storr and Ginny Seung Choi, of the Mercatus Center at George Mason...

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Book Review: Eamonn Butler – Friedrich Hayek: The Ideas and Influence of the...

Eamonn Butler –  Friedrich Hayek: The Ideas and Influence of the Libertarian Economist (Hampshire, UK: Harriman House, 2012) Butler has written accessible intellectual biographies of several major...

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Economics Has a Moment of Zen

Frank Knight (1885-1972) was one of the founders of the Chicago school of economics. Three of his students won Nobel prizes: George Stigler, Milton Friedman, and James Buchanan. One of Knight’s most...

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Retro Reviews: Azar Gat with Alexander Yakobson – Nations: The Long History...

Though military historian Azar Gat wrote Nations: The Long History and Deep Roots of Political Ethnicity and Nationalism, he gives extensive credit to fellow historian Alexander Yakobson for his...

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Immanuel Wallerstein – The Modern World-System I: Capitalist Agriculture and...

Immanuel Wallerstein – The Modern World-System I: Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century Wallerstein was the primary creator of the core-periphery...

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Thomas Paine – Common Sense

Thomas Paine – Common Sense A few years ago, I had a brief conversation with Tom Palmer in which he drew a contrast between the bourgeois Paine and the more aristocratic Edmund Burke. Paine is direct,...

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Is New Conservatism Really Progressivism?

My colleagues Kent Lassman and Iain Murray have an important new piece asking if the new post-2016 conservatism is really progressivism. It’s worth reading.

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Daron Acemoglu and James A. Robinson – The Narrow Corridor: States,...

Daron Acemoglu and James A. Robinson – The Narrow Corridor: States, Societies, and the Fate of Liberty Acemoglu has been on the economics Nobel shortlist for some time. Robinson is a frequent...

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Sabine Hossenfelder – Lost in Math: How Beauty Leads Physics Astray

Sabine Hossenfelder – Lost in Math: How Beauty Leads Physics Astray One of my top books of the year. Hossenfelder brilliantly covers the intersection of philosophy, hard science, and social science....

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