Culture and Society (page 8)

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    Deirdre McCloskey Talks About “True Liberal Values”

    In a recently published interview, the distinguished economic historian discusses the theme of her soon to be published book, Why Liberalism Works: How True Liberal Values Produce a Freer, More Equal, Prosperous World for All. Here are a few highlights: [T]he … 18th-century idea of liberalism—which is the theory…
    Jon Guze, February 18, 2019
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    “Physics and economics are two sides of the same coin”

    “Hierarchy is not imposed, it is natural,” Duke professor Adrian Bejan told J. Peder Zane in a recent interview. “Equality, however, is artificial, because it violates the law of evolution in nature.” Bejan comes to this conclusion because “physics and economics are two sides of the same coin,” and…
    Joseph Coletti, February 6, 2019
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    Who Was the Author of the Declaration of Independence?

    Thomas Jefferson, right? It depends. At the time of the adoption of the Declaration of Indpendence by the 2nd Continental Congress in 1776, Jefferson was not recognized as the author. As Matthew Wills notes in his thought-provoking text “[t]he document was drafted by a committee made up of John Adams,…
    Kory Swanson, January 31, 2019
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    Tax cuts, innovation, and economic growth

    Paul Romer won the Nobel prize in economics for showing how innovation creates economic growth. A new working paper from Raj Chetty and his colleagues presents a model of how much innovation results from tax cuts. Their model suggests tax changes “have no impact on the decisions of star inventors,…
    Joseph Coletti, January 31, 2019
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    Socially isolated voters

    Donald Trump elicited the same kind of hopeful expectation among his voters in 2016 that Barack Obama did among his voters in 2008 and 2012. In his forthcoming book, Alienated America, Tim Carney takes another look at who those Trump voters were and finds that many of them identified…
    Joseph Coletti, January 30, 2019
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    Economic growth and…

    “Economic growth, while necessary, is insufficient to address many of the challenges of our 21st-century economy,” Abby McCloskey writes in National Affairs. She offers some policy suggestions to improve connections in community, make work pay, and reform entitlements to improve government finances. I don’t endorse all of them, but…
    Joseph Coletti, January 29, 2019
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    Is marriage about values or value?

    In his influential book, Coming Apart, Charles Murray made a compelling case for the cultural differences between affluent (white) Americans and working class (white) Americans. Among the differences were marriage and divorce rates. Wealthier whites marry and divorce at the same rates as in the past. Poorer whites marry…
    Joseph Coletti, January 28, 2019
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    “Libel Law and the Covington Boys”

    As most readers are probably aware, an attorney has threatened legal action against some of the journalists and online commenters who vilified a group of Covington High School students after a misleadingly edited video was planted on Twitter by an unidentified troll. In a recent blogpost, Eugene Volokh…
    Jon Guze, January 25, 2019