~marginalrevolution | Bookmarks (5)

Here is the audio, video, and transcript, along with almost thirty minutes of audience questions, filmed in Miami.  Here is the episode summary: Tyler and Peter Thiel dive deep into the complexities of political theology, including why it’s a concept we still need today, why Peter’s against Calvinism (and rationalism), whether the Old Testament should […] The post My excellent Conversation with Peter Thiel...

It was meant as an insult, implying that Mises – a marginalist – was trying to salvage 19th century liberal economics from the collectivist attacks of the Marxist left and the Nazi right, hence the “neo” moniker being attached. One of the main promoters of this use was Othmar Spann, a rival of Mises on […] The post From the beginning, “neoliberalism” was an...

East India Company founded — 1600 Shakespeare – Hamlet published 1603 England starting to settle America – 1607 in Virginia, assorted, you could add Harvard here as well King James Bible – 1611 The beginnings of steady economic growth – 1620 (Greg Clark, JPE) Rule of law ideas, common law ideas, Sir Edward Coke – […] The post What happened in 17th century England...

Let us say you favor policy X, and take steps to see that policy X comes about. Under many conditions, people who favor non-X will take additional countervailing steps to oppose X.  And in that case your actions in favor of X, on average, will lead to nothing.  In the meantime, you and also your […] The post Social improvements that don’t create countervailing...

Adrian Wooldridge has an excellent Bloomberg column on this topic, promoting the relevance of Thomas Mann, and here is one excerpt: In the book [Magic Mountain], Castorp falls in with two intellectuals who live in the village of Davos below his sanitorium: an Italian humanist called Lodovico Settembrini and a Jewish-born cosmopolitan called Leo Naphta […] The post Settembrini and the continuing relevance of...