In this issue (.pdf): The End of Truth: In 1944, Friedrich Hayek warned that traveling down the anti-liberal road would lead us into serfdom under rogue government. One chapter, “The End of Truth,” explained the kit necessary to sustain the new feudalism, the kit of propaganda and clientelism promoting big lies that must be protected by censorship, intimidation, and persecution. Republished by permission. Isaiah Berlin on Karl Marx: An earlier exchange (1, 2, 3, 4) touched upon whether Ka...| Econ Journal Watch
| Econ Journal Watch
Tomohiro Hirano and Alexis Akira Toda (2025) (henceforth HT) provide a comment paper on our article on bubbles (Miao and Wang 2018) (henceforth MW). In their paper, the authors prove the \textquotedblleft nonexistence\textquotedblright\ of \textquotedblleft rational bubbles\textquotedblright\ in the MW model based on the traditional definition of \textquotedblleft rational bubble\textquotedblright. They also aim to clarify the precise mathematical definition and the economic meaning of \textq...| Econ Journal Watch
| Econ Journal Watch
For Housing Supply Deregulation Over Against Three Recent Papers| econjwatch.org
Consultants, business leaders, and activists often promote the view that a strong and settled business case exists behind the normative view that firm…| econjwatch.org