Trade and Employment

I teach my undergraduates that trade has no long-run effect on aggregate employment. I teach it because it's right, and very few economists would disagree. Tyler Cowen's recent postings on MR about the negative employment effects of trade have the potential to mislead. To the extent that trade and technology correlate with persistent disemployment in … Continue reading Trade and Employment

How New Technologies Enhance Negative Liberty

Looking through the freedom index data over time, it can look like a depressing series of new laws and restrictions on people's lives. Now, freedom has increased at the state level on certain issues (local gun bans overturned, sodomy laws overturned, medical marijuana laws passed, eminent domain reforms enacted, same-sex partnerships spreading). But there are … Continue reading How New Technologies Enhance Negative Liberty