Is Racial Tolerance the Best We Can Do? [Good Life series]

Racist attitudes are a holdover from primitive times. There is still plenty of racism, but we have made progress in some parts of the world, as this Washington Post graphic of most and least racist nations shows. In much of Europe, North and South America, Australia and New Zealand, and a few other places, racism […]

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Os limites da livre imigração [Portuguese translation]

[This is a Portuguese translation of “The Limits of Open Immigration”, originally published in English at EveryJoe.] Quando eu imigrei para os Estados Unidos, a experiência não foi bem um pesadelo, mas uma série de sonhos ruins. Eu era do amistoso vizinho Canadá. Eu tinha um Ph.D. e uma oferta de trabalho de uma universidade

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Good Monopoly, Bad Monopoly: When Are Monopolies Actually a Problem? [Good Life series]

Let me give you some examples of monopolies and ask: Which are good and which are bad? 1. Megan and Ramon begin dating and become enraptured of each other. Soon they are monopolizing each other’s time and decide to form a lifetime, exclusive relationship. 2. A town in a remote area has a few stores

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Krause’s 2016 index of institutional quality

Last month I linked to the 2015 edition of “INSTITUTIONAL QUALITY 2015” [pdf], which ranks 193 countries in three categories: Institutional Quality, Political Institutions, Market Institutions. Here is the new 2016 edition, in Spanish and English. Martín Krause is Professor of Economics and the University of Buenos Aires and a specialist in law and economics

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