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FEATURED ARTICLES


Much of the language used by prominent politicians goes in one ear and out the other. We regard it as balderdash. This month's author, Pierre Lemieux, suggests that balderdash is purposeful, that it is part of a successful politician's tool kit. Lemieux analyzes some examples from our current and previous U.S. presidents and suggests that political balderdash be considered one of the cognitive biases that behavioral economists focus on.

Arnold Kling

Present at the Destruction

Arnold Kling
April 3, 2017
Did Freddie Mac rot from the outside in, or was its destruction from the inside out? Arnold Kling, who is an "Old Freddie" man himself, recounts the history of Freddie Mac leading up to the financial crisis while also looking at Susan Gates's Days of Slaughter.
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FEATURED COLUMNS

THINKING STRAIGHT

Anthony de Jasay

Living With Mutually Assured Destruction

Anthony de Jasay
April 3, 2017
Are we living in a Cold War-esque world once again? With the advent of the Trump presidency in America, Anthony de Jasay revisits Russian-American relations, with the role of NATO less certain today than ever. Will Putin be a bully or a statesman in this new age?
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AN ECONOMIST LOOKS AT EUROPE

Pedro Schartz

He Is No Gentleman

Pedro Schwartz
April 3, 2017
Perhaps more so than Americans, Europeans are still surprised by the election of the newest American President, Donald Trump. This month, Pedro Schwartz posits three reasons to explain Europeans' lingering unhappiness with the election's results.
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