Casey Panel: The Energy Crisis Is Here—Here’s How to Play It

Oil and gas reserves around the world are growing scarcer by the minute, and people are looking to their governments for answers. However, leaders’ responses are often motivated more by the desire to boost approval ratings than by the need to find real, long-term supply solutions. The individual investor may not have the . . . → Read More: Casey Panel: The Energy Crisis Is Here—Here’s How to Play It

Compelling Proof of the College Bubble

From the New York Review of Books:

In Academically Adrift, Arum and Roksa paint a chilling portrait of what the university curriculum has become. The central evidence that the authors deploy comes from the performance of 2,322 students on the Collegiate Learning Assessment, a standardized test administered to students in their first semester at . . . → Read More: Compelling Proof of the College Bubble

Economics and Thinking

What’s the connection?

Economists essentially have a sophisticated lack of understanding of economics, especially macroeconomics. I know it sounds ridiculous. But the reason why I tell people they should study economics is not so they’ll know something at the end—because I don’t think we know much—but because we’re good at thinking. Economics teaches you . . . → Read More: Economics and Thinking

A Decent Half-Measure

Sam Bowman proposes some IP reform:

What would evidence-driven copyright law look like? (I won’t discuss patents here, although this argument should roughly apply to patents as well as copyright.) The length should be determined by looking at earnings distributions for things like music and books, and cut the copyright protection period to only . . . → Read More: A Decent Half-Measure

To Finity and Beyond

Here’s the underlying problem with Medicare, universal health care, and any and all attempts at reform:

Putting aside, for the moment, the details of the Ryan plan, what many voters refuse to understand is the unpleasant choice they inevitably face. Either cost-control by the consumers or cost-control (aka rationing) by the State. The issue . . . → Read More: To Finity and Beyond

Scarce Resources

Assuming the continuance of free people and free markets, the trend toward less scarcity and lower real prices of all resources will continue, as it has from the beginning of human civilization. . . . → Read More: Scarce Resources