Sam Bowman

Sam Bowman is Research Director at the Adam Smith Institute. He writes on immigration, Bleeding Heart Libertarianism, and complexity in public policy.

Economics is fun, part 8: Speculators

Written by | Monday 20 February 2012

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Beware workfare

Written by | Friday 17 February 2012

Workfare — the policy of tying benefits to work programmes — has come under scrutiny this week as an unpaid position at Tesco was advertised in a workfare programme. The position was originally advertised as being permanent (which Tesco says was a human error), causing some to accuse Tesco of using "slave labour". Of course, this is silly hyperbole — real slaves didn't have a choice.

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The Armchair Economist on why more sex is safer sex

Written by | Thursday 16 February 2012

Steven Landsburg, better known as the Armchair Economist, is one of the closest things the economics world has to a rock star. His book was one of the first of the series of pop economics books like Freakonomics - and one of the best at that.

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Economics is Fun, Part 7: Middlemen

Written by | Wednesday 15 February 2012

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Wirral first – but where second?

Written by | Tuesday 14 February 2012

A friend showed me this fantastic group last night: Wirral First, an organization (with at least one member) dedicated to the Wirral seceding from the rest of the UK:

Firstly, local citizens will stand for election to Wirral Borough Council as independent candidates, but on a Wirral First platform. That platform is a proposal to massively reduce the size of the present Council and outsource almost all of its current functions.

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Economics is fun, part 6: Money

Written by | Monday 13 February 2012

In this week's episode of Economics Is Fun, Madsen explains the role of money in the economy. Watch out for the Zimbabwean trillion-dollar note — I carry one in my wallet in case anyone ever claims that governments can learn from history.

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Is this the monetary system we deserve?

Written by | Thursday 9 February 2012

Jock Coats has a dilemma:

We had our coursework assignment for Macroeconomics 1.  I could have some fun with this...

Individual Assignment Task:

In 2011, Bank of England chose to maintain the Bank rate at its historic low even when the prevailing inflation rate was significantly higher than the targeted level. You are required to critically evaluate this particular policy decision of Bank of England.

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Have wages stagnated?

Written by | Tuesday 7 February 2012

George Mason University's Don Boudreaux considers the common claim that wages have stagnated in the US since 1980. His points are as valid for the rest of the world as for the US.

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With competition laws like this, no wonder Europe is doomed

Written by | Monday 6 February 2012

A French court has found Google guilty of "unfair competition" and ordered it to pay €500,000 to a rival. (H/T Cato @ Liberty.) Google's crime was to offer its Maps application for free to anybody who wanted to use it.

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Economics is fun, part 4: Trade

Written by | Monday 6 February 2012

Madsen's new book, Economics Made Simple, was given a nice review by UK-Analyst.com recently. View the rest of this series.

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