Korea’s Low Fertility Rate – Conversable Economist
Fertility rates are falling around the world, but Republic of Korea is the outlier, with a fertility rate of 0.72 in 2024. The...
American Association of Physicians and Surgeons Opines on … Gold
For my sins, I get emails from AAPS:
central banks globally are buying gold, but since 2021, foreign official purchases of the U.S. Treasury...
The Inescapable Principle of Comparative Advantage
In a recent article in The Financial Times Nat Dyer argues that economists misunderstand tariffs. He points out that tariffs have political and...
Why Nogales Fails – Econlib
In their influential magnum opus, Why Nations Fail, Daron Acemoglu and James A. Robinson develop the proposition that the wealth of nations is...
Popular Economics Books to Read or to Avoid
This article has two lists: a list of popular economics books that I recommend reading; and a list of popular economics books that...
Law, Legislation, and Libertarianism – Econlib
A Book Review of Common Law Liberalism: A New Theory of the Libertarian Society, by John Hasnas.
“Look around.” John Hasnas’s main political advice...
The Economics of Tariffs and Trade (with Doug Irwin)
0:37Intro. Russ Roberts: Today is April 22nd, 2025, and my guest is economist and author Doug Irwin of Dartmouth College, where he is...
Alternative Estimates of Output | Econbrowser
GDP is a measure of output from the spending side. A standard alternative measure is Gross Domestic Output (GDO), the average of GDP...