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2023

Новости за 28.12.2023

Discrimination is Costly. Is it Costly Enough?

Library of Economics and Liberty 

As capitalism falls in popularity among the younger generations, the opinion that free markets incentivize discrimination has become more common. Issues such as the racial and gender earnings gap and callback discrimination against black Americans are highlighted as proof of this conclusion. So, is American capitalism moral? Do markets encourage or punish discrimination? What is the government’s historical record of racial discrimination? Bryan Caplan joined EconTalk host Russ Roberts in this... Читать дальше...

Estonian Archangel

Eesti Elu 

Christmas ain’t always pretty and happy. In fact for many it is a downright glum and nasty time of the year, no merry-making for those on skid row, without jobs or shelter, who are substance dependent or just plain down on their luck. Pays to remember that after the taste of liberally laced eggnog has long been washed away by dirty rain. Replaced by bills to pay for impulse purchases as well as those made necessary by family. At this time of year few of those on the ropes have any expectations. Bah, expectorations are more like it.

Is Protectionism a Dead Letter?

Library of Economics and Liberty 

TL/DR: Not quite, but it’s getting there.

Starting in 2016, protectionism (that is, using tariffs or other restrictions on international trade to “protect” domestic industries) came back in vogue.  This trend was supercharged during the COVID-19 pandemic as lockdowns and price controls led to shortages of many goods.  Protectionists pointed to these shortages as proof that globalization has weakened supply chains and protectionism is thus needed.  Elsewhere, I have argued why this claim... Читать дальше...



The Best Sentences of 2023

Nytimes.com 

Here are dozens of journalism’s gems from a year when we badly needed them.

Cher files for conservatorship of her youngest child Elijah Blue Allman 

TheHill.com 

Famed singer and actress Cher has filed for a conservatorship of her son, Elijah Blue Allman, citing his alleged substance abuse and mental health struggles as grounds for assuming control of his estate. According to court documents obtained b media outlets including People, Page Six, and USAToday, the “Goddess of Pop” claims that Allman, her...





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