Relevant and even prescient commentary on news, politics and the economy.

Climate change and insurance markets: let’s focus on real solutions, not finger-wagging

I don’t know why I’m writing about this when our democracy is on fire.  Maybe I need to focus on something cheery, like climate change. The American Prospect has a couple of pieces up on insurance and climate change.  One identifies a genuine issue, the other misses the mark. In this piece, Alexander Sammon asks […]

For enterprising libertarians, the war on the war on covid is the gift that keeps on giving

In a recent post I suggested that distrust in the government’s handling of covid and in the safety and efficacy of vaccines is mainly the result of a deliberate messaging campaign by conservative media, libertarian propaganda organizations, and Republican politicians to gain political or ideological advantage by fostering distrust.  To illustrate this, I want to […]

Means-testing the Child Tax Credit

Matt Yglesias has published an interesting essay at his substack by Simon Bazelon and David Shor arguing that Democrats should introduce stricter means testing into the Child Tax Credit. Their key points are as follows: The current CTC design already has means-testing for very high incomes, which means that the administrative burdens associated with means-testing […]

Yes, the covid epidemic is undermining trust in government . . . just not for the reason you may think

Disasters and threats tend to be politically unifying.  Public approval of George W. Bush jumped after the 9/11 attacks, and trust in government increased.  Donald Trump’s approval rating was highly stable due to increasing polarization, but even he enjoyed a small increase in approval at the start of the covid epidemic, and trust in government […]

The anti-democratic tenor of the criticism of Australian policy is troubling

In prior posts, I argued that Australia’s covid policy can be criticized, but that it cannot simply be dismissed on the grounds that it is “authoritarian”.  Here I will argue that some criticism of Australian covid policy has a distinct and troubling anti-democracy flavor to it. Tyler Cowen argues that Australia should be investing in […]

Is Australia an autocracy? Is it on the Road to Serfdom? And what about the Universal Declaration of Human Rights?!?!

In my previous post, I argued that the only plausible way to criticize covid policy is to explain why some alternative policy mix (possibly a policy with a big dose of “no regulation”) will lead to better outcomes than the current policy regime.  Libertarians often refuse to engage in this type of policy analysis.  Instead, […]

Criticizing covid policy is fine, but you need to roll up your sleeves and do some policy analysis

Libertarians criticize covid policy in broad, uncompromising terms.  These arguments are unproductive at best; at worst they are divisive and potentially destructive.  Many are just propaganda. This does not mean that criticism of the government response to covid is off limits.  The alternative to the libertarian approach is policy analysis:  evaluating specific policies on their […]

Does the Brownstone Institute produce reasoned arguments or propaganda? We report, you decide.

There is good money in libertarianism.  The Brownstone Institute was recently founded by Jeffrey Tucker, a libertarian who most recently has spent his time criticizing covid lockdowns.  He just published an article criticizing Biden’s support for a vaccine mandate.  He lists five problems with Biden’s policy, but is it analysis or propaganda? Let’s take a […]