Podcast Icon Episode

Hamas and the Future of Gaza (with Ahmed Fouad Alkhatib)

He lost his childhood homes, dozens of family members, and most of his hearing in his left ear to Israeli bombs, yet Ahmed Fouad Alkhatib insists that Palestinians must also take responsibility for Gaza’s destruction and for peace. Most Gazans, he insists, have turned against Hamas for oppressing them, enriching itself, and bringing catastrophe to… MORE

Date Icon 08/31/2026

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Article Icon 1 min

Recent

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Photo by Perfecto Capucine on Unsplash

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication called The Fitzwilliam. Most relevant to us, on his personal blog, he writes a popular link roundup; what follows is an abridged version of his Links for July. Blogs and short links 1. Questions that… MORE

Date Icon 08/28/2026

Author Icon By Sam Enright

Article Icon 17 min

Podcast Icon Episode

Has the earth been visited by extraterrestrials? Are we alone? Despite no formal evidence for conscious life outside of earth, the belief that we are not alone has become more common among both scientists and everyday people. Listen as author Adam Kirsch talks to EconTalk host Russ Roberts about the urge to believe that there… MORE

Date Icon 08/24/2026

Article Icon 1 min

Article Icon EconLog
A woman in greyscale does a "quiet" hand signal. Photo by Kristina Flour on Unsplash.

People conspire all the time. Firms collude. Politicians bargain behind closed doors. Militaries deceive their enemies. But other conspiracies are detected, or they do not last long. Why do some remain secret while others are revealed? A simple game theory model can help illustrate that the probability of a conspiracy being revealed depends on the… MORE

Date Icon 08/21/2026

Author Icon By Jon Murphy

Article Icon 7 min

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Economic analysis as a way of thinking can be understood as both a science and an art. As a science, economic analysis takes as its analytical starting point that human beings are striving to do the best that they can, given their particular circumstances of time and place. The art of economic analysis is to… MORE

Date Icon 11/06/2023

Author Icon By Rosolino Candela

Article Icon 7 min

Article Icon Article

“A decentralized order is possible. Indeed, it is natural for human societies to achieve such an order, rather than degenerate into the Hobbesian war of all against all.” Mark S. Weiner’s The Rule of the Clan1 makes a libertarian case for a strong central state. In it, he directly challenges what many libertarians currently believe.… MORE

Date Icon 05/06/2013

Author Icon By Arnold Kling

Article Icon 12 min

Article Icon EconLog

Suppose that Gazans, the residents of Gaza, were called Hamassians, from the name of the organization, Hamas, that rules over them. Strangely, that’s the way most people in the world are labeled and speak of themselves: Italians are governed by ”Italy,” the French (les Français) by “France,” the Canadians by “Canada.” The same ambiguity exists… MORE

Date Icon 10/27/2023

Author Icon By Pierre Lemieux

Article Icon 3 min

EconLog

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Jus in Bello

Date Icon 11/16/2023

Article Icon 3 min

Videos & Conversations

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The twentieth century witnessed the unparalleled expansion of government power over the lives and livelihoods of individuals. Much of this was the result of two devastating world wars and totalitarian ideologies that directly challenged individual liberty and the free institutions of the open society. Other forms of expansion in the provision of social welfare and… MORE

Date Icon 02/25/2020

Article Icon 5 min

Video Icon Video

On April 10, 2013, Liberty Fund and Butler University sponsored a symposium, “Capitalism, Government, and the Good Society.” The evening began with solo presentations by the three participants–Michael Munger of Duke University, Robert Skidelsky of the University of Warwick, and Richard Epstein of New York University. (Travel complications forced the fourth invited participant, James Galbraith… MORE

Date Icon 09/04/2013

Article Icon 1 min

Video Icon Video

A five-part short video series on the life and contemporary relevance of Adam Smith. This video series, produced by AdamSmithWorks, can be watch as a full 38-minute feature, or in five thematic, classroom-friendly chunks. To access all, click here.   Below are some discussion prompts related to this video:   Part 1: The Invisible Hand… MORE

Date Icon 11/22/2019

Article Icon 5 min

"Freedom is a tenable objective only for responsible individuals."

— Milton Friedman and Rose Friedman, Free to Choose

From the Concise Encyclopedia of Economics

A B C D E F G H J K L M N O P Q R S T V W Y
Article Icon Biography

  With The Wealth of Nations Adam Smith installed himself as the leading expositor of economic thought. Currents of Adam Smith run through the works published by David Ricardo and Karl Marx in the nineteenth century, and by John Maynard Keynes and Milton Friedman in the twentieth. Adam Smith was born in a small village… MORE

Date Icon 02/05/2018

Article Icon 13 min

Article Icon Biography

  Though better known for his treatments of philosophy, history, and politics, the Scottish philosopher David Hume also made several essential contributions to economic thought. His empirical argument against British mercantilism formed a building block for classical economics. His essays on money and international trade published in Political Discourses strongly influenced his friend and fellow… MORE

Date Icon 02/05/2018

Article Icon 4 min

Article Icon Biography

James Buchanan is the cofounder, along with Gordon Tullock, of public choice theory. Buchanan entered the University of Chicago’s graduate economics program as a “libertarian socialist.” After six weeks of taking Frank Knight’s course in price theory, recalls Buchanan, he had been converted into a zealous free marketer. Buchanan’s next big conversion came while reading… MORE

Date Icon 02/05/2018

Article Icon 5 min

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