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School Vouchers and the Inverse-Hirschman Scenario

Phillip W. Magness
December 4, 2017

Recently, some critics of vouchers for K-12 education have claimed that voucher proponents in Virginia in the late 1950s were, wittingly or not, helping maintain segregation. This month's Econlib author Phil Magness, drawing on a modern classic by Albert O. Hirschman, argues the opposite. Had vouchers been implemented in Virginia (they were not) in the late 1950s, they would have hastened the decline in segregation in Virginia's public schools.

Arnold Kling

The Simplicity Assumption

Arnold Kling
December 4, 2017
Why are we so quick to impugn the motives of people with whom we disagree? Arnold Kling believes us all to be afflicted with the Simplicity Assumption, which both puts in adversarial relationships with others and creates too much demand for "experts."
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FEATURED COLUMNS

THINKING STRAIGHT

Anthony de Jasay

One Man, One Vote and All its Costs

Anthony de Jasay
December 4, 2017
Universal suffrage, or one-man/one-vote, has long been lauded as an accomplishment of the modern age. But is it all it's cracked up to be? This month, de Jasay looks at three instances--the possibility of Catalonian secession, Brexit, and the Trump administration's "America First" policy--as three instances in which such broad voting power has gone awry.
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AN ECONOMIST LOOKS AT EUROPE

Pedro Schwartz

King Midas in the Indies

Pedro Schwartz
November 6, 2017
How much do we really know about the new routes and systems of trade wrought by the Columbian exchange? Pedro Schwartz brings his sharp economic eye to this history this month, focusing particular attention to the effect of gold and silver on the price level in Europe.
MORE ARTICLES BY PEDRO SCHWARTZ