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Econlib Newsletter
October 2021
Dear friends,
We would like to express our sincerest thanks for the many, many of you who completed the user survey we shared last month. Your responses have been very helpful in our quest to provide a smoother and more satisfying user experience for you. You may have noticed some changes already- the addition of some subnav bars, improvements to the search experience, and a general house cleaning of categories and taxonomies. And if all those terms make your eyes roll back in your head with boredom, that's OK! We hope these quiet changes are starting to enhance your Econlib experience. So thanks again, and look for continued improvements in the future.
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
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Until next month, stay well, and stay curious.
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NEW Econlib Articles: October 2021
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** We at 100: The Case for Liberty
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By Caroline Breashears
"It is for you to place the beneficial yoke of reason round the necks of the unknown beings who inhabit other planets—still living, it may be, in the primitive state known as freedom. If they will not understand that we are bringing them a mathematically infallible happiness, we shall be obliged to force them to be happy. But before taking up arms, we shall try what words can do."
So begins the dystopian novel We, which Zamyatin finished and attempted to publish in 1921...Zamyatin was no friend of oppression in any form, and he paid the price. As Kingsley Widmer observes in “Utopia and Liberty,” he “had the political good taste to be persecuted by both the Czarists and the Bolsheviks.” Read More ([link removed]) .
** The Business Subversion of Markets: Contra-Capitalism
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By Roger Donway
If we understand rent-seeking and using the political means to be, at their most fundamental level, a business's abandonment—and ultimately its social subversion—of capitalistic practices, then we must contemplate the possibility that these two practices are but instances of a far wider category of actions. We must consider that there may exist an entire class of actions, comprising many similar abandonments and subversions of capitalist practices, including actions that are far outside the realms of politics and government. Read More ([link removed]) .
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** Two Theories of Mind
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By Arnold Kling
The late Daniel Wegner was a professor of psychology at Harvard University, and Grey was one of his graduate students. The Mind Club is the best book that I have read on the issue of the "theory of mind," an issue that interests philosophers and cognitive neuroscientists... I believe that it has important implications for moral, social, and political philosophy. Read More ([link removed]) .
Over 800 Episodes of EconTalk
** Arnold Kling on Reforming Government and Expertise
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Economist and author Arnold Kling ([link removed]) talks about improving government regulation with EconTalk host Russ Roberts ([link removed]) . Kling suggests ways to improve the administrative state--the agencies and regulatory bodies that often write the regulations that they enforce. The conversation concludes with Kling's idea for holding public intellectuals accountable for their pronouncements. Explore more ([link removed]) .
More Recent Episodes:
* Noreena Hertz on the Lonely Century ([link removed])
* David Henderson on the Essential UCLA School of Economics ([link removed])
+ Continue the conversation with this EconTalk Extra ([link removed]) .
* Glen Weyl on Antitrust, Capitalism, and Radical Reform ([link removed])
+ Continue the conversation with this EconTalk Extra ([link removed]) .
* Johann Hari on Lost Connections ([link removed])
+ Continue the conversation with this EconTalk Extra ([link removed]) .
What is Creative Destruction? ([link removed])
Joseph Schumpeter ([link removed]) (1883–1950) coined the seemingly paradoxical term “creative destruction,” and generations of economists have adopted it as a shorthand description of the free market ([link removed]) ’s messy way of delivering progress.
In this easily accessible, user-friendly volume, respected economist David R. Henderson brings together many of the most brilliant minds in economics to show how the analysis of economic topics can illuminate many aspects of the average person’s daily life. Get to know the CEE today!
More Highlights from the Concise Encyclopedia of Economics ([link removed]) :
* Marxism ([link removed]) , by David Prychitko
* Biography of Adam Smith, ([link removed]) by David Henderson
* Property Rights ([link removed]) , by Armen Alchian
* Money Supply ([link removed]) , by Anna Schwartz
* Division of Labor, ([link removed]) by Michael Munger (online only)
* Biography of Gordon Tullock ([link removed]) , by David Henderson (online only)
* Protectionism ([link removed]) , by Jagdish Bhagwati
An Animal That Trades ([link removed])
The film takes us to life in a garment factory in modern-day Ethiopia, and the narrator points out that the workers’ “lives have changed drastically over the past decade.” To what extent are these changes net positive?
What does Smith mean when he says, “The market alone may not ensure positive outcomes for all?” What else should the government do to ensure that its citizens’ quality of life rises?
Explore these and other questions at Econlib Videos ([link removed]) .
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