Tag Archives: Robert Fogel

Ronald Coase (1910-2013)

I was intending to make this my Wednesday post for last week, but my iPad ate my draft in Pages (it will not open or email the document: any suggestions for getting to the document would be welcome). But delaying for a week allowed me to provide a more complete post.   Ronald Coase, the […]

States as coordination problems

Economist David Friedman’s theory about the size and shape of nations leads him to postulate that the increased importance of labour income–a result of the Industrial Revolution: one of the ironies of history is that greatly increased propensity to produce capital increases both the scale (through increased demand) and then the average income (through increased relative scarcity) […]

Open Borders

Uberblogger Matt Yglesias recently posted on why an open borders policy for the US–possibly using an auction system to regulate the rate of flow–is a reasonable option, basing his claim on comparative population densities and history: But the United States ran an open borders regime throughout the 19th century and we weren’t worse off for […]

The law tells it as it was

One of the more irritating historical memes is the preposterous notion that the American Civil War was not “really” about slavery, it was about tariffs and states rights. Fortunately, it is easy to demolish this claim for the historical canard it is. All one has to do is to read the Constitution of the Confederate […]