The World's Address
Michael Williams discovers why it is only legal to pay someone for sex if you record it.#
Russell Roberts introduces the new field of Archaeological Economics.#
I'm thinking of starting a new field of economics, Archaeological Economics. In this field of economics, you take a news article about some public policy issue and use economics to reconstruct what really happened. There's digging involved and you don't find everything—you have to use your imagination. Here's an example—California has banned hand-weeding on farms. You have to use a machine or a hoe. When I tell people this they either laugh or think it's a humane regulation. But using a little economics, a little digging and a little imagination, you can at least see a skeleton starting to emerge that tells a richer story.
Russell Roberts: "In a society of violence you keep your head down."#
Michael Williams writes on idolatry:#
One who views God as an artificial construct generally reverts to worshipping the only thing he has that he didn't create: himself. In the end, all the other blocks of wood I listed above come down to a love of self. No wonder so many people are so unhappy and frustrated in life... if your god is yourself, you're bound to be constantly disappointed.
Don Boudreaux writes about how costless goods and services are pretty good.#
Jeff Sharlet discusses the role of faith in politics with Elizabeth Edwards.#
If you haven't been reading how Aaron Swartz was released into the wild, I recommend it. Start here.#