Occupation: Economist Birth: 1966
Capitalists work hard to produce what consumers want. Artists who work too hard to produce what consumers want are often accused of selling out. Thus….
I utterly reject the view that the Third World is doomed to poverty and starvation. Not only is this wrong, I think this attitude verges on the immor….
Conservatives have long argued, correctly, that 'fine-tuning' the economy is a chimera, but that argument seems to have disappeared from the conserva….
The first thing you learn when you're blogging is that people are one click away from leaving you. So you've got to get to the point, you can't waste….
America has the highest standard of living of any major country in the entire world. To maintain and enhance that standard of living, America should ….
Education is the key to the future: You've heard it a million times, and it's not wrong. Educated people have higher wages and lower unemployment rat….
It would be really great if I discovered a cure for cancer, but it would only be a little bit less great if my neighbor did. So I am pretty happy whe….
More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since t….
What we tell students in formal schooling: “Sit down, stay quiet, and absorb. Do this for 12 to 16 years and all will be well..
I think modern television shows, with their intricate plots, are stimulating our minds. This is one reason IQs have been going up..
The only way to thrive is to innovate. It's that simple..
Like many works of literature, Hollywood chooses for its villains people who strive for social dominance through the pursuit of wealth, prestige, and….
A lot of people say that India has been held back by its democracy. But lets remember that, despite being a poor country, Indias democracy meant that….
A bet is a tax on bullshit; and it is a just tax, tribute paid by the bullshitters to those with genuine knowledge..
Going to college is neither necessary nor sufficient to be well-educated..
Hollywood wants its heroes to be virtuous, but it defines virtue in a way that excludes any action that is self-interested. If virtue means putting o….
As far as wages are concerned, the only difference between immigration and birth is that birth takes longer..
Michael Moore didn't have to worry that anyone would misinterpret the title of his film, 'Capitalism: A Love Story,' because in Hollywood, no one lov….
Patents are like fertilizer. Applied wisely and sparingly, they can increase growth. But if you apply too many chemicals, or make patents too strong,….
Democracy is an experimental system. I like it when states try out new ideas. I think we ought to expand, not contract, our federalist system..
Our obsessive focus on college schooling has blinded us to basic truths. College is a place, not a magic formula. It matters what subjects students s….