New at Econlib and more links worth your time.

Econlib Newsletter
July 2021


Dear friends,

Today is a national holiday here in the United States. While many are focused on fireworks and cookouts, we of course can't help but think about our American tradition of liberty- where it is and where it's been. Perhaps rather than a singular celebration, we might start to consider a founding "trilogy," as Thomas Koenig suggests in this Speaking of Smith post ([link removed]) at AdamSmithWorks. Here at Econlib, our most popular Featured Article ever ([link removed]) focuses on the American Revolution- and the positive externalities it has enabled us to enjoy. And of course there's no better place on the web to explore the American Founding than our sister site, the Online Library of Liberty. In its American Revolution and Constitution collection ([link removed]) , you can find everything from Thomas
Paine's Common Sense ([link removed]) , to the Declaration of Independence ([link removed]) , the Federalist Papers ([link removed]) , and even George Washington's rules of civility ([link removed]) . Now grab a hot dog and set yourself to some good reading!

In addition to suggestions above, here are a few more links we think worth your time:
* We've been debating the proper meaning of corporate social responsibility since the time of Milton Friedman. Today, many customers and employees are demanding that companies take positions on political and social issues. Is this a good thing? Or is it incompatible with the role of business that Friedman lays out? Join our friends at Civil Squared for this online event with Michelle Cirocco to explore these questions on July 15th. Click here to register ([link removed]) .
* Have your thoughts about what makes work "worth it" changed? Are we now in the middle of a "Great Resignation" post-COVID? Here's a great collection of articles ([link removed]) on the current state and future of work.
* The American founding represents-among other things- our fundamental right to the pursuit of happiness. Here's another great episode of Yascha Mounk's Persuasion podcast ([link removed]) , this time with Arthur Brooks ([link removed]) on the elusive science of living happily,

As always, we share the newest content and other highlights from across the site below. Let us know your thoughts on the latest, and tell us what else you'd like to see at [email protected] (mailto:[email protected]) . We love to hear from you.

Until next month, stay well, and stay curious.

P.S. Earlier this week was Canada Day. Our friends at Law & Liberty hosted a forum last week ([link removed]) on the meaning of that holiday.


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NEW Econlib Articles: July 2021
[link removed]

The Power and Pervasiveness of Spontaneous Order
by Elaine Sternberg

What IS spontaneous order? It's a term seen frequently at Econlib, yet we're sometimes short on precise definition. This month, philosopher Elaine Sternberg is here to set the record straight on what spontaneous order is, what it isn't, and why understanding it is critical to the preservation of liberty. Read More ([link removed]) .

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How Economics Drives News Media
by Arnold Kling
What does the future of the mainstream media look like? How has technology transformed the way we consume our news? In this month's book review, Arnold Kling looks at Audrey Mir's powerful argument that newspapers have transitioned from a subscriber model to a "donscriber" model, fostering ever more partisanship and incivility. Read More ([link removed]) .

Beavers, Barbados, and the British Empire

By Maria Pia Paganelli

What do beavers in Connecticut have to do with sugar in Barbados? Turns out, quite a bit. In this new review of Colonial Ecology, Atlantic Economy: Transforming Nature in Early New England, Maria Pia Paganelli explores the inter-relationships among the three, along the way uncovering some lessons about international trade and the relationship between the British Empire and its subjects- both voluntary and otherwise. Read More ([link removed]) .

Highlights from EconTalk

Sebastian Junger on Freedom
Journalist and author Sebastian Junger ([link removed]) talks about his book, Freedom, with EconTalk host Russ Roberts ([link removed]) . The book and conversation are based on a 400-mile walk Junger took with buddies along railroad rights-of-way, evading police, railroad security, and other wanderers. Junger discusses the ever-present tension between the human desire to be free and the desire to be interconnected and part of something. Along the way, Junger talks about the joy of walking, the limits of human endurance, war, and why the more powerful, better-equipped military isn't always the winner. Explore more ([link removed]) .

More Recent Episodes:
* Anja Shortland on Lost Art ([link removed])
* Donald Shoup on the Economics of Parking ([link removed])
* Ian Leslie on Conflicted ([link removed])
* Bruce Meyer on Poverty ([link removed])

In other podcast news, Books of Titans host Erik Rostad read ALL of Russ Roberts's books this year, and he recently recorded an episode sharing what he learned. In this special edition EconTalk Extra ([link removed]) , our Summer Scholar Audrey Sullivan poses some further questions for though.

Join us for a
Virtual Reading Group:

September 9: Hayek’s “Use of Knowledge in Society”
with Paul Lewis

Join Professor Paul Lewis for one 90 minute session to discuss Hayek’s classic essay, “The Use of Knowledge in Society ([link removed]) .”

Participation is offered at no-cost, and there is no need to be an expert on the topic for discussion! In fact, these reading groups are designed to be appropriate for people engaging with the topic at hand for the first time as well as for established scholars. The only requirement is that participants be eager to read and engage in civil conversation.

Register here ([link removed]) .

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