How strong is the rule of law in China?

This article indicates that property rights for billionaires may not be secure. (Forbes, May 2021)

What is a market?

This article illustrates the difficulty of deciding where one market ends and another one begin one begins. (WSJ, 2020).

How Trump’s Steel Tariffs Failed

The EB of the WSJ reports that the tariff increased prices and profits for steel but had little impact on output and employment. (WSJ,May 2021)

Criminals in Minneapolis and San Francisco appear to respond to incentives

Click here for some discussion. on Minneapolis.

Clear here for some discussion on San Francisco.

People in rich countries enjoy better health

"If we were to ask the question, 'Where in the world people enjoy the best health?' then the answer will be a list of rich countries. Globally we see that in places with higher incomes, living conditions – including health – tend to be much much better." (https://ourworldindata.org/exemplars-in-global-health)

What is economic development and does it increase wellbeing?

Lana Pritchett identifies four elements of economic development and reports that economic development raises wellbeing, especially at low levels of income. From the abstract:

"Core dual ideas of early development, economics and practice, were that (a) national development was a four-fold transformation of countries towards: (i) a more productive economy, (ii) a more responsive state, (iii) more capable administration, and (iv) a shared identity and equal treatment of citizens and that (b) this four-fold transformation of national development would lead to higher levels of human wellbeing. The second is strikingly correct: development delivers. National development is empirically necessary for high wellbeing (no country with low levels of national development has high human wellbeing) and also empirically sufficient (no country with high national development has low levels of human wellbeing)."