An award for a great scholar of liberty, more on China, and California's Fast Food Minimum Wage Debacle

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** Econlib Newsletter
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May 2024
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Dear friends,

Welcome to all our new readers- there are a lot of you this month!

Today we’re going back to the source- our parent organization, Liberty Fund, Inc.- to tell you about some initiatives we’re sure will be of interest.

Liberty Fund ([link removed]) , a private educational foundation dedicated to exploring the ideal of liberty, recently announced two notable initiatives. First, the inaugural George F. Will Award for the Advancement of Liberty and the Free Society ([link removed]) was presented to renowned historian Gordon Wood for his exceptional contributions to understanding individual liberty and the American founding. This prestigious award celebrates original thinkers like George F. Will who have enriched public discourse on these vital topics. You can read more about the award and its celebration here ([link removed]) . This award is the first in a
series unfolding in anticipation of the 250th anniversary of both the Declaration of Independence and Adam Smith ([link removed]) ’s Wealth of Nations in 2026. Be on the lookout for many more such celebrations over the next two years.

Additionally, our sister site the Online Library of Liberty ([link removed]) hosted a thought-provoking discussion titled "Harriet Taylor Mill on Marriage and Divorce ([link removed]) " in March/April 2024. This Liberty Matters forum assessed the ideas of Harriet Taylor Mill, the influential partner of John Stuart Mill, drawing from their correspondence edited by F.A. Hayek. The authors explored Taylor Mill's radical views on marriage, divorce, and women's rights, shedding light on her underappreciated role in shaping Mill's famous works like "On Liberty. ([link removed]) "

Through initiatives like these, Liberty Fund continues its mission of promoting the study of liberty and self-government, while recognizing the enduring impact of influential thinkers on these crucial ideals. In June, we’ll be looking back at the famous Austrian economics conference in South Royalton, Vermont on its fiftieth anniversary, with contributions from Richard Ebeling, Mario Rizzo, Geoffrey Lea, and our own David Henderson. As we get closer to the 2026 commemorations, this is absolutely one of the online places to be.

Of course, here at Econlib we’ll be unveiling our own celebratory projects. In the meantime, we’d like to hear what YOU think we might to do to commemorate these occasions. Won’t you drop us a line at [email protected] (mailto:[email protected]?subject=&body=) and share your ideas with us? As EconTalk’s Russ Roberts says, we’d love to hear from you.


** NEW Econlib Articles
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May 2024


** Mir McLuhanism
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By Arnold Kling

If “the medium is the message,” how does the spread of electronic media, especially in the 21st century, affect our brains and our society?

This is the question at the front of Arnold Kling’s mind as he reviews “media ecologist” Andrey Mir’s new book.
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Using Reason to Understand the Abuse and Decline of Reason

By Rosolino Candela

In our new Liberty Classic, Rosolino Candela looks at Liberty Fund’s publication of a collection of F.A. Hayek’s unfinished project, The Abuse and Decline of Reason. Hayek’s purpose “was to explain how human reason used in the natural sciences, as evidenced by the amazing scientific and technological advances of the 18th and 19th century, would later become the basis for hubris among social scientists,” and to mitigate the effects of scientism in the social sciences.
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** Is China Winning?
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** Rethinking Perceptions of Success in Central Planning
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** By Ryan Yonk and Ethan Yang
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Is China winning a quiet war for global domination? Despite what you hear in the media and from political campaigns, new contributors Ryan Yonk and Ethan Yang urge caution about accepting such claims.

“In virtually every area of Chinese political and economic life the disruptions of autocratic technocracy are only thinly veneered by the perception of decisive and efficient leadership.”
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California Dreaming: The Effects of California's "Fast Food" Minimum Wage

By Richard B. McKenzie

On April 1, the state of California required its fast food restaurants to pay its workers a minimum of $20/hour, up from $16.

Richard McKenzie takes us on a tour of the intended and unintended consequences of this move, including some potential effects in other states.
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** EconTalk: Conversation for the Curious
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Living with the Constitution (with A.J. Jacobs)

What does it mean to live Constitutionally in the year 2024? For a start, it means getting off social media. It also means swapping a quill pen for your keyboard, and candlelight for electricity. And don't forget the tricorn hat and musket--though maybe skip the boiled mutton. Join author A.J. Jacobs as he deep-dives with EconTalk's Russ Roberts ([link removed]) into the centuries-old principles of the U.S. Constitution and tries to apply them to the current day. Topics include the original conceptions of our most cherished amendments, the office of the President, and the supreme court, and an explanation of how one can be an originalist and still believe in gender equity. Jacobs also shares his family's experience writing its own constitution, and explains why his research made him more optimistic about the future of American democracy.

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More Recent Episodes & Extras:
* The Top EconTalk Conversations of 2023 (with Russ Roberts) ([link removed])
* Paul Bloom Extra: Would you automate your conscience if you could? ([link removed])
* Seeking Immortality (with Paul Bloom) ([link removed])
* When Prediction Is Not Enough (with Teppo Felin) ([link removed])
* Rituals Without Religion (with Michael Norton) ([link removed])
* A User's Guide to Our Emotional Thermostat (with Adam Mastroianni) ([link removed])

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Copyright © 2024, Liberty Fund, Inc. All rights reserved.

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