Econlib

@Econlib

Part of the @Liberty_Fund Network - Economics for every life. Home of EconLog, EconTalk, the Concise Encyclopedia of Economics, and much more.

Indianapolis, IN econlib.org Joined May 2009

2.8K Following 24K Followers 43K Posts

Latest posts 5

Econlib @Econlib 1d

A student is selling exam notes for $20-$50. The professor handed out the exam questions in advance and encourages students to split the work. So what’s the harm? 🤔 @mungowitz on a classroom puzzle in markets, ethics, and the division of labor: buff.ly/GOZOqRk

www.econlib.org Students Selling Notes - Econlib A student of mine recently sent me a screen shot of a Facebook post that had been removed by its author. The post said: Notes for the final exam for “Intro to Political Economy” with Munger. If you...

Econlib @Econlib 1d

"Most plausible" — how Hamilton himself described the Federal Farmer's case against the Constitution. He warned against undefined power and government without limits. What's today's version of that danger? buff.ly/WXBQS7M

libertyfund.circle.so November 2026 VRG: Liberty and the American Statesman: The Federal Farmer | Liberty Fund Portal with Steve Ealy Tuesday, November 17, 2026, 1:30-3:00 pm EST Authorship of these essays is uncertain, but their significance has long been recognized. While applauded by opponents of the proposed...

Econlib @Econlib 2d

@PikaGoldin won the 2023 Nobel Prize by doing something unglamorous: digging through boxes of archival records until the data told its story. She traced women’s work back to the 1790s and found a U-shaped path in labor force participation. buff.ly/MYyagn6

www.econlib.org Claudia D. Goldin - Econlib Introduction Claudia D. Goldin is an American economic historian and labor economist who has dug deep into often-obscure data sources. She won the 2023 Nobel Prize in economics “for having advanced...

Econlib @Econlib 5d

Two hundred fifty years on, Wealth of Nations still has surprises. Eric Schliesser finds in Book 1 a dynamic account of innovation: ingenuity from ordinary workers, supported by good governance. buff.ly/3IMpEJi #AdamSmith #WoN #WealthofNations #Books

www.econlib.org Innovation and Governance in Book 1 of Wealth of Nations - Econlib “Smith is a friend of competitive markets and the division of labor and the institutions that secure these. But within the division of labor and the governance of these institutions, the population...

Econlib @Econlib 6d

How should a regulator set prices when it can’t know a firm’s true costs? @JeanTirole and Jean-Jacques Laffont showed that offering a choice of contracts can keep incentives to cut costs alive. buff.ly/KhWeOkB

www.econlib.org Jean Tirole - Econlib In 2014, French economist Jean Tirole was awarded the Nobel Prize in Economic Sciences “for his analysis of market power and regulation.” His main research, in which he uses game theory, is in an...