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EconLib Newsletter
November 2020


“Reflect upon your present blessings, of which every man has plenty; not on your past misfortunes, of which all men have some.” —Charles Dickens

This month, our thoughts turn to thankfulness. We're thankful for the little things, like the folks who provide us with our morning Joe ([link removed]) , to the big things, like continued health and safety, even in the shadow of a global pandemic. We're thankful for our team of talented contributors—our bloggers, authors, and EconTalk host Russ Roberts ([link removed]) , all of whom feed our minds and keep us thinking and centered on civil discourse. We're thankful for new friends, like Civil Squared ([link removed]) , who recently hosted a live online event with Russ. (We'll be releasing the recording of the event soon.) We continue to be thankful for the support of our parent organization, Liberty Fund ([link removed]) , who just launched a new website we hope you'll check out. You can even save 30% off your book purchase when you open a new account (use code LFWEB). But most of all, we are, of
course, thankful for YOU. Thank you for continuing to read, listen, comment, share, and counter. We value every interaction.

Until next month, we wish you well, and look forward to seeing you online. Please share your suggestions and comments with us at [email protected] (mailto:[email protected]) . We love to hear from you.
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EconLib Feature Articles, November 2020

Price Discrimination and the Future of Movies
by Adam Martin

"On September 4, Disney released Mulan on its Disney+ streaming service....this is the first major blockbuster going straight to streaming that had the potential to be a billion-dollar movie. It’s hard not to see this as a test for other big films like Black Widow. This plan could completely change how movies are distributed going forward. Economics alone cannot tell us whether Disney’s plan will pay off, but it can tell us something about what it will take to succeed. The key concept I want to focus on is price discrimination. Read More. ([link removed])

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A WEIRD Turn in Social Science
by Arnold Kling
"The latest book by Joseph Henrich is the most ambitious analysis of social behavior that I have ever read. It attempts to cover essentially all human history and the entire spectrum of different societies, using the full range of disciplines of social science." Read More. ([link removed])

Review of Strategies for
Monetary Policy

by Scott Sumner


"I applaud the Fed for undertaking a major study of their policy regime, with an eye on improving policy to better meet the demands of a world where interest rates occasionally fall to zero." ([link removed]) Read More. ([link removed])

Highlights from EconLog


** Laughter, Liberty, and M*A*S*H
------------------------------------------------------------
by Thomas Firey

Television’s finest half-hour reminded America of the values of classical liberalism.

This fall, LIFE magazine has published a special issue commemorating the 50th anniversary of the movie M*A*S*H. Despite the hook, the issue focuses on the ensuing TV series, which ran from 1972 to 1983. Though the show has often been characterized as being politically left-wing, it actually is heavily classically liberal, celebrating the individual, civil liberties, and the market, and harshly criticizing anti-individualism, government compulsion, and government decision-making. In a series of essays, I examine the classical liberalism of M*A*S*H. This is Part 1. Read More. ([link removed])



More Recent Posts:
* Scott Sumner, Arnold Kling on Modigliani-Miller and money ([link removed])
* Pierre Lemieux, Counterfactuals: What If Clinton Had Won in 2016? ([link removed])
* G. Patrick Lynch, Five Books for the 2020 Election ([link removed])
* Walter Block and John Mackey, Rejoinder to Appelbaum on Friedman ([link removed])
* Steven Horwitz: The Real Cost of Expensive Cancer Drugs ([link removed])
* Jayme Lemke, The Ugly History of Forced Sterilization ([link removed])
* Bryan Caplan, Reflections on One Billion Americans ([link removed])
* Alberto Mingardi, Krastev on Pandemic and Politics ([link removed])

Featured EconTalk Podcast
Dwayne Betts on Reading, Prison, and
the Million Books Project
Author, lawyer, and poet Dwayne Betts ([link removed]) talks about his time in prison and the power of reading with EconTalk host Russ Roberts ([link removed]) . Betts is the founder of the Million Book Project, which aims to put a small library of great books in 1,000 U.S. prisons. Betts discusses his plans for the project and how reading helped him transform himself. Listen Here. ([link removed])
And don't miss Poetry, and Percy Jackson ([link removed]) , our podcast episode Extra to complement and continue the conversation.

More Recent Episodes:
* Fredrik deBoer on The Cult of Smart ([link removed])
* Anne Applebaum on the Twilight of Democracy ([link removed])
* Zena Hitz on Lost in Thought ([link removed])
* Agnes Callard on Aspiration ([link removed])

November Virtual Reading Group

Equality, Economics, and Individualism in
Dystopian Fiction

with Professor Caroline Breashears

In this virtual reading group (VRG), we consider the answers offered by several classic and recent dystopian tales. Propaganda, (in)equality, central planning, the criminal justice system, censorship, poisoned language, mob violence: all these and more are explored in examples of the genre, though often from different perspectives. For instance, is the critical problem in society a movement to achieve equality, as Ayn Rand warned? Or is the problem an insistence on inequality so that a select few consolidate power, as George Orwell suggests?

V ([link removed]) RG ([link removed]) Readings ([link removed])

To register, click here ([link removed]) . ([link removed]) Space is strictly limited, and pre-registration is required. We ask that you not register unless you can commit to all four 60 minute sessions. Participants will need to acquire their own readings; those who complete all four sessions will receive an Amazon e-gift certificate as reimbursement.

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