The justification for any public policies are dissolving as technology advances. New detection and metering technologies are being developed for highways, parking, marine farming, and auto emissions, making property-rights solutions viable. Information becomes more accessible and user-friendly,...

Knowledge has its counterpart in action, and your actions emerge from your normative calls in personal policy-making. On those two steps I propose to bring to the traditional Hayekian knowledge problem a prism of Smithian moral analysis. This approach perhaps sheds new light on the absurdities...

Do economists reach a conclusion on a given policy issue? One way to answer the question is to survey economists at large. Another is to look at the published judgments of economists who have gone on the record. Relative to an anonymous survey, going on the record makes for much greater...

Articulate knowledge entails the triad: information, interpretation, and judgment. Information is the reading of the facts through a working interpretation. Much of modern political economy has miscarried by discoursing as though interpretation were symmetric and final. This move has the effect...

The ordinary person makes decisions everyday that are important to maintaining his health. But those decisions are familiar and routine. For new decisions, important decisions, he would usually appoint a doctor to the task. The practice of serious medicine is the province of the doctor, just as...

Should economists remain as detached scholars, pursuing their research to the satisfaction of themselves and fellow academics? Or should they try to educate their fellow men and women in economic ideas, hoping to have an impact on economic policy? In this paper, Professor Daniel B. Klein...

In Spring 2003, a large-scale survey of American academics was conducted using academic association membership lists from six fields: Anthropology, Economics, History, Philosophy (political and legal), Political Science, and Sociology. This paper focuses on one question: To which political party...