I recently came across two interesting articles that got me thinking about trade balances. The first was written by Christopher Caldwell and discusses France’s rustbelt: A process that Guilluy calls métropolisation has cut French society in two. In 16 dynamic urban areas (Paris, Lyon, Marseille, Aix-en-Provence, Toulouse, Lille, Bordeaux, Nice, Nantes, Strasbourg, Grenoble, Rennes, Rouen, Toulon, Douai-Lens, […]

Econlib Blog

07.06.2025

Immortality: The Meaning of Buchanan's Life - Econlib

An Econlib article by Peter Boettke on “Virginia Political Economy: James Buchanan’s Journey” shows how political philosophy and economics were enmeshed in Buchanan’s work. It also reminded me of an interesting two-part video of an interview of Buchanan by Geoffrey Brennan. The two economists often worked together and were notably co-authors of The Reason of […]

Econlib Blog

07.06.2025

The Debate That Never Ends - Econlib

‘Men of good will, will be called upon to use the power of government to solve our problems of all the social ills: poverty, ignorance, squalor. We as economists are entrusted with these tools and with this now power to be able to achieve that.’ ~Paul Samuelson In this episode, Peter Boettke of George Mason […]

Econlib Blog

07.06.2025

On Models - Econlib

Models are indispensable. Reality is insanely complex. Mapping every possible interaction would be computationally impossible and utterly useless for understanding the world. Instead, we flatten things down to key causal variables and use them to help us make predictions and decisions. But models come in different shapes and sizes. Which model is useful depends on […]

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Further thoughts on trade balances - Econlib

Immortality: The Meaning of Buchanan's Life - Econlib

The Debate That Never Ends - Econlib

On Models - Econlib

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