Three Topics for Young Political Economists
Young people often ask me, “What should I study?” For years I gave some anodyne answer, a version of “Well,...
Michael Munger
All Housing is Affordable Housing
All housing is affordable housing. If developers build cheap housing, the price of all housing except the very most luxurious...
The Good, the Wise, and the Just
Should we worry about social capital and trust in market settings? I found an interesting example in Cicero, De Officiis,...
Nutzenschmerz
German is a remarkably expressive and adaptable language, in which words can be conjoined in ways that give precise expression...
Test of Time: The Most Important Failure of US Covid Response
The “capitalism capital of the world,” according to National Public Radio at least, is the U.S. That’s debatable, but the...
What’s New is Old: The Left Turns Originalist
Originalism—the “dumbest judicial philosophy in the world”—has long been mocked by the left as a reactionary, obstructionist tactic. But the...
