The Iran War Doesn’t Have to Be a Rerun of ‘That ’70s Show’
April 1 2026. Wall Street Journal. Oil shocks only cause inflation and recession if bad policies follow, in particular subsidies to pay higher prices, price caps, rationing, export controls, windfall profits taxes, and sleepy central banks.
April 1 2026. Wall Street Journal. Oil shocks only cause inflation and recession if bad policies follow, in particular subsidies to pay higher prices, price caps, rationing, export controls, windfall profits taxes, and sleepy central banks. .
Incentive Economics
2024 Journal of Private Enterprise 39(2): 1–8. This is the written version of the remarks I gave on receiving the Adam Smith Award at the Association of Private Enterprise Education 2024 annual meeting. Incentives are the key to solving many of the key economic problems of the day. Read the paper (local)>
2024 Journal of Private Enterprise 39(2): 1–8. This is the written version of the remarks I gave on receiving the Adam Smith Award at the Association of Private Enterprise Education 2024 annual meeting. Incentives are the key to solving many of the key economic problems of the day. Read the paper (local)>
Knowledge, Decisions, and Incentives
October 20 2025. An essay on Tom Sowell’s Knowledge and Decisions, prepared for the Hoover Tom Sowell celebration. Read the paper>
October 20 2025. An essay on Tom Sowell’s Knowledge and Decisions, prepared for the Hoover Tom Sowell celebration. Read the paper>
How Inflation Radically Changes Economic Ideas
IMF Finance and Development March 2024, also at Cato. Inflation teaches us that supply, not demand, constrains our economies, and government borrowing is limited.
IMF Finance and Development March 2024, also at Cato. Inflation teaches us that supply, not demand, constrains our economies, and government borrowing is limited.
Incompetent Elites Make Trump Look Appealing
Wall Street Journal Oped 2/3/2024. Why people support Trump. They want their country back.
Wall Street Journal Oped 2/3/2024. Why people support Trump. They want their country back.
Bradley Prize intro and speech
Bradley prize speech video, introduction video and text including thanks. Intro and speech together.
I won the Bradley Prize in 2023. Here is the video and text of my speech at the Bradley website. Bradley also does a very nice introduction video of my childhood and early career. Here is a link to the intro and speech together. Bradley allows us to write down our thanks, in order to save time at the ceremony. My letter of thanks here, and yes thank you all.
The Liz Truss Tragedy
The Liz Truss Tragedy. Project Syndicate Oct 25 2022 with Jon Hartley. Blog post version (undated)
The Liz Truss Tragedy. Project Syndicate Oct 25 2022 with Jon Hartley. Truss’ growth-oriented policy really was the only answer for the UK, but the messaging and politics doomed the effort. Blog post version (undated).
Time for supply
With Jon Hartley, Project Syndicate Mar 3 2022
With Jon Hartley, Project Syndicate Mar 3 2022
Flatten the Coronavirus Curve at a Lower Cost
The Wall Street Journal
The Wall Street Journal
How to Treat the Financial Symptoms of Covid-19
The Wall Street Journal
The Wall Street Journal
Understanding the left
“Understanding the Left.” What’s going on with the Great Awakening? Understand it as that, a quasi-religious political movement. Click title for more info.
“Understanding the Left.” February 2020. In From the Past to the Future: Ideas and Actions for a Free Society, John Taylor, Ed. Hoover Press, Ch. 18. What’s going on with the Great Awakening? Understand it as that, a quasi-religious political movement. This was before the whole movement turned to race a few months later, but the analysis still holds, and may be better for not touching that issue. Talk given at the Mt. Pelerin Society Jan 1 2020.
Imagine what we could cure
Wall Street Journal, with J. J. Plecs.
Wall Street Journal, with J. J. Plecs.
Law and the Regulatory State
In Thomas W. Gilligan, Ed., American Exceptionalism in a New Era, Hoover Institution Press, p. 57-70. Exceptionalism interpreted as the rule of law guaranteeing economic freedom. In peril, as always.
In Thomas W. Gilligan, Ed., American Exceptionalism in a New Era, Hoover Institution Press, p. 57-70. Exceptionalism interpreted as the rule of law guaranteeing economic freedom. In peril, as always.
Climate Change isn't the End of the World
Wall Street Journal with David R. Henderson. Local Copy.
Wall Street Journal with David R. Henderson. Local Copy.
Don't Believe the Economic Pessimists
Wall Street Journal. More on growth, a reaction to many voices that say growth is impossible, just give up. Local pdf
Wall Street Journal.
More on growth, a reaction to many voices that say growth is impossible, just give up. Local pdf