The latest Mercatus research, media, commentary, and events delivered week by week.
Environmental Regulation
The Interagency Working Group on the Social Cost of Greenhouse Gases Should Be Transparent About the Value Judgments Behind Its Estimates and Acknowledge Their Cost
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June 11, 2021
The Mercatus Center’s Fourth Branch project is dedicated to advancing knowledge about the effects of regulation on society. As part of its mission, scholars conduct careful and independent analyses that employ contemporary economic scholarship to assess regulations and their effects on economic opportunities and societal well-being.
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The EPA's Irrational, Uncompliant Benefit-Cost Analysis Requires Stronger Enforcement Mechanisms
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June 11, 2021
Research
New Government Climate Report Could Help Justify Hundreds Of Billions In Regulatory Costs
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June 14, 2021
Editorial
Economics
The Fed Often Gets Monetary Policy Right
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June 17, 2021
In his Discourse review of “Money and the Rule of Law” by Peter Boettke, Alexander Salter and Daniel Smith, Thomas Hogan forcefully argues for rules-based monetary policy. Indeed, what if monetary policy were set by mathematical formulas rather than the discretionary judgment of us featherless bipeds?
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Policy Spotlight: How the Social Discount Rate Makes Regulatory Analysis Unsound
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June 15, 2021
Research
Scott Sumner Argues the Bernanke Fed Was Too Tight
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June 9, 2021
Podcast
Harold Demsetz and Israel Kirzner Understood That Competition Regulates Markets
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June 13, 2021
Editorial
Fed: Inflation Marches, but Don’t Tighten — Yet
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June 11, 2021
Editorial
Social Issues
The Enemies of the Open Society
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June 15, 2021
In The Open Society and Its Enemies, the great philosopher Karl Popper posited two general types of communities. One was open to information. By multiplying knowledge, it sought to adapt to a changing world and improve the conditions of life. The institution that propelled and sustained the open society, Popper believed, was modern science. Its preferred political vehicle was liberal democracy.
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We Need More Than the First Amendment, We Need a “Culture of Free Speech”
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June 14, 2021
Editorial
Is Tracking Students by Ability Too Much Government and Too Little Education?
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June 16, 2021
Editorial
If You Can't Beat Them, Bully Them Into Joining You
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June 17, 2021
Editorial
Cutting-Edge Research in Universities Can’t Rely on Zoom
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June 13, 2021
Editorial
Podcasts
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Daniel Smith and Alexander Salter on Money and the Rule of Law: Generality and Predictability in Monetary Institutions
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June 14, 2021
Dan Smith and Alex Salter join David on a special live episode of Macro Musings to discuss their new book, Money and the Rule of Law: Generality and Predictability in Monetary Institutions. They discuss knowledge and incentive problems in setting monetary policy, what is meant by “rule of law,” how to make monetary policy accountable, centralized versus decentralized forms of digital currencies, thoughts on free banking, and much more.
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Repealing the Corn Laws, 175 Years Later
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June 18, 2021
In this episode of Discourse Magazine Podcast, economist Don Boudreaux reflects with historian Steve Davies and fellow economists Douglas Irwin and Arvind Panagariya on the legacy of the repeal of Britain’s Corn Laws 175 years ago—an event that occurred on June 25, 1846. They discuss the effects of the Corn Laws, the circumstances leading to the laws’ repeal, the ensuing rise of free trade both in Britain and globally, and much more.
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Elijah Millgram on the Philosophical Life
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June 16, 2021
What can studying the lives of philosophers tell us about how to organize and interpret our own lives? Elijah Millgram is a professor of philosophy at the University of Utah whose research focuses on the theory of rationality. His latest book, John Stuart Mill and The Meaning of Life, analyzes the relationship between the ideas of the famous theorist and their impacts on Mill’s life. His forthcoming book examines the life and work of Frederich Nietzsche through a similar lens, combining philosophical analysis and biography.
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