It often happens in arguments with the general public that people ask for an empirical example of whatever economic (or political) principle I’m attempting to explain. In truth, it’s sometimes worse. They ask for an empirical example, but really they are appealing to authority under the guise of wanting a
Yesterday I was musing about writing a new post. Specifically, I wanted to talk about the difficulty inherent in writing on political topics. This difficulty stems from a multitude of reasons, not the least of which is the reaction you will get from people who don’t agree with you. The
What exactly does it mean to be a “soft science”? Over the holidays I got into a discussion with a relative about just this topic. Economics, he told me, is a “soft” science, unlike physics which is a “hard” science. What exactly is the difference? The word “science” itself is
