Peter Jacobsen

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Why C.S. Lewis Thought Healthy Patriotism Curbs Excessive Militarism

Many know professor and theologian C.S. Lewis for his epic fantasy series The Chronicles of Narnia. As I wrote in…

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Why a Big Tax Refund Shouldn’t Excite You

It’s the dreaded season once again. About this time of year, I usually write something about taxes. What can I…

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Did FDR Create the Middle Class?

This week I have a question from Ryan who asks about economic development in America. Ryan says, I was having…

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Why ChatGPT Will Change Higher Ed for the Better

A new artificial intelligence (AI) system called ChatGPT has been released to the public, and many have been shocked to…

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3 Rules of Rational Parenting Derived from Good Economics

As an economist, one of the most common questions I get is inquiries on which stocks to buy. As I’ve…

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The World’s Largest Economics Association Just Passed a Policy Stating All Data in Journals Must Be ‘Legally Acquired’

The largest association of professional economists, the American Economics Association, recently announced a new standard for publications: all data must…

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Has Capitalism Created a Wasteful Excess of Managers?

Have you noticed there seem to be a lot of managers nowadays? It’s not just you. Professors at the Harvard…

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Are Tattoos a Rational Use of Resources?

This week I have a question from Stephen who asks about whether consumers are really rational. Stephen says, “One pillar…

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Paul Ehrlich: Wrong on 60 Minutes and for Almost 60 Years

CBS recently featured infamous doomsayer Paul Ehrlich on their long-running show 60 Minutes. In his segment, Ehrlich tries to convince…

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