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

The war on lockdowns versus the evidence

Over at NBER, Helliwell et al have a paper comparing the virus elimination strategy of China, Australia, New Zealand, etc., with the more common mitigation strategy followed by most countries (footnote omitted): Our analyses show that Eliminators experienced lower death rates from COVID-19. But to what extent were these reductions in COVID-19 deaths obtained at […]

The Afghan situation . . .

I have no special insight on any foreign policy issue, but if you’re interested in a no-nonsense defense of Biden’s policy see this post by Scott Lemieux. His key points are (my interpretation/paraphrase): Long term low-engagement occupation was not a serious option, the only choices on the table were long term escalation or pulling out. […]

The war on the war on covid continues: vaccine mandates and judicial review

George Mason University law professor Todd Zywicki has filed suit against GMU over its policy of requiring students and staff to be vaccinated against covid.  Zywicki does not argue that any vaccine mandate is unconstitutional.  Instead, he claims that GMU’s vaccine mandate violates his constitutional rights to bodily integrity and medical choice because he has […]

The libertarian crusade against lockdowns: the case of Australia

For months now, hard-core libertarians have been crusading against covid lockdowns in uncompromising terms.  This is a topic that merits careful study, but let’s take a brief look at some of their arguments, focusing on Australia. The libertarian case against lockdowns can be summarized as follows: Benefits:  The benefits of lockdowns are low, because 1) […]

Using insurance to encourage vaccination

The most common proposals for pressuring people to vaccinate involve either vaccine mandates or vaccine passports.  As some of the comments on my previous post suggest, there is another option, viz., making the unvaccinated responsible for the cost of their covid treatment. In theory, this can be done either by denying insurance coverage to people […]

Don’t try this at home, kids (unless your home is a beaver lodge)!

This is a picture of the beaver pond behind my old family home in western Massachusetts: You can’t tell from the picture, but the pond is at least a mile long and 1/4 mile wide, I think considerably bigger.  The land under the pond had been farmed and then forested before being flooded by beavers.  […]

If you’re a progressive, the design and implementation of the new Child Tax Credit should worry you

The American Rescue Plan included a fully refundable child tax credit.  The credit provides $3,600 per year for children under 6, and $3,000 per year for children between 6 and 17. The credit is paid out monthly, and slowly phases out for single parents who earn more than $112,500 and married couples earning more than […]

Classical liberalism and the politics of white grievance

It is an unfortunate fact that many think tanks funded by conservative plutocrats and nominally devoted to spreading free-market ideas actively foster the politics of white grievance.  I believe the evidence for this claim is quite strong, but it is not always immediately obvious that this is happening.  Classical liberals and libertarians generally do not […]

Douthat: democracy, whatever

Ross Douthat is evidently having trouble filling his column quota.  Or maybe he’s just confused about the role of public intellectuals and the nature of rational decision making. In two recent columns, Douthat suggests that Democrats are excessively worried about Republican attacks on voting and election and should just chill out.  He defends this “what, […]