Tyler Cowen's formulation of State Capacity Libertarianism may succeed in steelmanning libertarianism, but it still leaves unanswered big questions about the relationship between state, society, and market.
If you’re eating locally for ecological reasons, you’re doing it wrong. If we’re talking about the economic and cultural benefit to local producers and sellers, that is another story. But ecologically, since transport makes up a negligible part of the ecological impact of food (see the chart below), it is better to make use of … Continue reading If you’re eating locally for environmental reasons, you’re doing it wrong
I recently had the opportunity to watch the Korean film "Default" (Gukgabudo-ui Nal) (2018). The film models itself quite transparently on "The Big Short" (2015), aiming to be a behind-the-scenes tell-all about the lead-up to the Korean chapter of the 1997 Asian Financial Crisis. To the extent that I knew far too little about this … Continue reading An Economic Policy Film Review: “Default”
Aside from human decency, several minorities, and general faith in the American political system, one of the lesser-lamented victims of the post-2016 turn in American politics was Free Trade. Strangely, from it being one of few things that most American politicians agreed upon in 2012, free trade has fallen to the wayside as a cornerstone … Continue reading Free Trade – the American Past and Future