October 2025 ISSUE

Book Review

What China Knows

By Arnold Kling

Process knowledge is hard to measure because it exists mostly in people's heads and the pattern of their relationships to other technical workers. We tend to refer to these intangibles as know-how, institutional memory, or tacit knowledge. They are embodied by an ex...
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Article

The Rational Bull Elk

By Richard B. McKenzie

I watch a lot of nature documentaries. I’m not very choosy about the animals covered, whether whales, moles, lions, ants, chameleons, blowfish, or mosquitoes. I’m even fascinated by footage of bacteria under a microscope. I’m usually immersed as I sit in front of...
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Article

Of Property Rights, Civil Society, and Shampoo

By Anthony Gill

Who defines and enforces property rights? If you are the average person, an undergraduate student, or even a mainstream economics professor, that answer is easy: the government. Look it up! Municipal and county governments determine the deeds to your property and vario...
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Book Review

Obedience School

By Arnold Kling

A central argument of this book is that episodes involving mass violence that contribute to an atmosphere of social unrest and political instability are likely to increase national elites' willingness to invest in primary education in order to prevent future threats...
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Display by author's last name begining with: R

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Russell Roberts

Pigs Don't Fly: The Economic Way of Thinking about Politics

Ten Key Ideas Dec 3 2007

Where Do Prices Come From?

Ten Key Ideas Jun 4 2007

Getting the Most Out of Life: The Concept of Opportunity Cost

Ten Key Ideas Feb 5 2007

Treasure Island: The Power of Trade. Part II. How Trade Transforms Our Standard of Living

Ten Key Ideas Dec 4 2006

Treasure Island: The Power of Trade. Part I. The Seemingly Simple Story of Comparative Advantage

Ten Key Ideas Nov 6 2006

Incentives Matter

Ten Key Ideas Jun 5 2006

The Reality of Markets

Ten Key Ideas Sep 5 2005

An Interview with N. Gregory Mankiw

Featured Article May 2 2005

A Marvel of Cooperation: How Order Emerges without a Conscious Planner

Ten Key Ideas Feb 7 2005

Presidential Economics: What Leaders Can and Cannot Do about the State of the Economy

Article Jul 5 2004

An Interview with Lawrence Lessig on Copyrights

Article Apr 7 2003

An Interview with R. Glenn Hubbard on the Fundamentals of Tax Reform

Article Feb 3 2003

Napsternomics: What's the Most Effective Way to Protect Intellectual Property?

Featured Article Jun 3 2002

Is Bethlehem Steel the Canary in the Economic Mine Shaft?

Featured Article Nov 5 2001

Do Big Box Retailers Harm the Quality of Life?

Featured Article Jun 25 2001

How Safe is that Trucker in the Window?

Featured Article Mar 5 2001

Morgan Rose

Elasticity and Its Expansion

Teacher's Corner Jan 6 2003

Shedding Light on Market Power

Teacher's Corner Dec 2 2002

What Malthus Missed, and Attacks on Individualists

Article Oct 28 2002

In Defense of Malthus

Teacher's Corner Sep 16 2002

The Econlib Summer Reading List

Featured Article Jun 3 2002

Information, Prices, and Socialism's Flaws

Teacher's Corner May 13 2002

Implications of Costly Information

Teacher's Corner Apr 22 2002

Free Labor, Constrained State

Teacher's Corner Apr 2 2002

An Education in Market Failure

Teacher's Corner Mar 11 2002

Economists' Views on the Costs of War. Part II.

Teacher's Corner Feb 18 2002

Economists' Views on the Costs of War. Part I.

Teacher's Corner Jan 28 2002

Paying for Farm Subsidies

Teacher's Corner Jan 7 2002

Patent Laws and the War on Good Drugs

Teacher's Corner Nov 26 2001

Risk versus Uncertainty, or Mr. Slate versus Great-Aunt Matilda

Teacher's Corner Nov 5 2001

How to Reduce Unemployment, If We Want

Featured Article Oct 15 2001

Does It Matter How You Pay for a State Dinner? A Lesson on Ricardian Equivalence

Featured Article Sep 24 2001

A Brief History of the Concept of Comparative Advantage

Article Aug 6 2001