Social Issues


It’s Time To Relearn Objectivity In 2021

When I left the academic world to found Beacon Economics 15 years ago, it was partly in response to a gap in the quality of research I saw being performed on campus and off. While academics too often focus their efforts on arcane topics that seem out of touch with important public debates, those public debates are, in turn, too

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Miserabilism Debunked: Middle Class Stagnation

Humans by nature are inherently discontent—not that this is a bad thing. Much of human progress can be traced to people striving to improve their own personal circumstances. Discontent in fact drives much of the human innovation that ultimately benefit everyone. As Adam Smith famously noted “It is not from the benevolence of the butcher, the brewer, or the baker

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School Construction Bonds: A Matter of Fairness

Governor Jerry Brown announced in his recent budget proposal that California should stop issuing school construction bonds. This came as a bit of a surprise to many. School bonds generally cruise through the State Legislature and very rarely fail at the ballot box. The State Assembly unanimously passed a $9 billion bond initiative last year before it stalled with the

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