Arnold Kling
Economist; writes In My Tribe, and wrote The Three Languages of Politics.
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Latest Newsletter
How they changed their mind
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Warnings of an imminent US recession in 2006 are partisan gloom rather than a real signal about the economy.
Before For these pundits, the most dismal indicator is that we have a Republican Administration. They have been gloomy for six years now.
Now I will add that I was definitely not expecting Freddie Mac and Fannie Mae to have ventured so far away from the idea of investment-quality mortgages that they had enough exposure in subprime loans to wipe out their capital.
Said 29 Nov 2008This on korrents
The bold line is korrents’ wording; the quote is theirs.
Recommends rcmnd
rcmnd What they recommend 11 things — each backed by an exact quote.
Compiled by rcmnd.app, not by them: the quotes are theirs, and each links to the post it was copied from.
Recent
Recommends Myths of Rich and Poor
Much gets written about economic inequality. On that topic, a modern classic I would recommend is Myths of Rich and Poor, by W. Michael Cox and Richard Alm. They take the contrarian view that the poor are not getting poorer.
arnoldkling.substack.com 6 May 2025
Recommends The Constitution of Economic Policy
The Constitution of Economic Policy, James Buchanan's Nobel lecture, gives background on public choice theory.
arnoldkling.substack.com 14 Jul 2024
Recommends The Institutional Structure of Production
The Institutional Structure of Production, Ronald Coase's Nobel lecture, explains how he arrived at two important ideas.
arnoldkling.substack.com 14 Jul 2024
What others say about The Institutional Structure of Production →
Show 8 more
Recommends The Pretence of Knowledge
The Pretence of Knowledge, Hayek's Nobel lecture, argues that economics cannot be like the physical sciences.
arnoldkling.substack.com 14 Jul 2024
Recommends Economic Performance Through Time
I can recommend several lectures given by recipients of the Nobel award. Economic Performance Through Time, the Nobel lecture by Douglass North, argues for the importance of economic institutions.
arnoldkling.substack.com 14 Jul 2024
Recommends Production, Information Costs, and Economic Organization
Production, Information Costs, and Economic Organization, by Harold Demsetz and Armen Alchian. I would be surprised if you can absorb this paper without reading it several times.
arnoldkling.substack.com 14 Jul 2024
What others say about Production, Information Costs, and Economic Organization →
Recommends The Use of Knowledge in Society
For classic articles written in English (as opposed to math), I recommend: The Use of Knowledge in Society, in which Friedrich Hayek explains why markets solve a problem that cannot be solved by a central planner.
arnoldkling.substack.com 14 Jul 2024
Recommends Information Rules
Another book I have recommended before and will recommend here is Information Rules, by Hal Varian and Carl Shapiro.
arnoldkling.substack.com 14 Jul 2024
Liked Basic Economics
Also good is Basic Economics, by Thomas Sowell.
arnoldkling.substack.com 14 Jul 2024
Recommends Hidden Order: The Economics of Everyday Life
For a textbook, I recommend Hidden Order: The Economics of Everyday Life, by David Friedman.
arnoldkling.substack.com 14 Jul 2024
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What others say about Hidden Order: The Economics of Everyday Life →
Recommends A Conflict of Visions
Everyone should read this book, but few people will, so let me try to summarize it.
econlib.org 6 Jul 2009
Where they publish
Newsletter In My Tribe His newsletter on economics, politics and how people argue. Has a feed.
Recent
- Harry Truman 4 Nov 2026 thoughts on a President
- Who Wins? 3 Nov 2026 Election day is a sad day.
- AI and the Economy links, 11/2/2026 2 Nov 2026 Noah Smith on scientific advances; Peter McCroy on AI in organizations; Peter Diamandis on winners and losers: Alex Imas and others on organizational structure
Show 17 more
- Will AI end the post-truth era? 1 Nov 2026 What if people trust AI?
- The 1960s Space Program 31 Oct 2026 Drafted by Claude for the lecture series
- AI and the Economy Links, 10/30/2026 30 Oct 2026 Ara Kharazian on growth slowing down; Soumitra Shukla on AI job pressure; James Pethokoukis on robots; Isaac Robinson on tracking tasks and jobs
- The Book is Available 29 Oct 2026 America in the 20th century
- The Moon Landing 28 Oct 2026 How important was it in 20th century history?
- Economics Links, 10/27/2026 27 Oct 2026 Michael Magoon on Smil on the age of innovation; Matthew B. Crawford on the attention economy; John Cochrane on taxation
- AI and the Economy Links, 10/26/2026 26 Oct 2026 Bethany McLean on financial shenanigans; Jack Clark claims that the singularity is here; Ethan Mollick talks his book; James Pethokoukis on forecasts for AI and the economy
- Hatred Of Others’ Profits 25 Oct 2026 an invitation to demagoguery
- The Great Diffusion 24 Oct 2026 Does the TAM calculation work for AI?
- AI and the Economy Links, 10/23/2027 23 Oct 2026 Gabriel Unger and Arvind Narayanan on the collaborative model; Gad Levanon on job loss; Benj Edwards on AI DIY; Ramez Naam on diminishing returns
- AI and the Economy Links, 10/22/2026 22 Oct 2026 Derek Thompson on the potential bubble; Paul Kedrosky on replacing call centers; Hollis Robbins on details vs. abstractions; Samir Varma on AI bottlenecks
- Clash of Civilization Links, 10/21/2026 21 Oct 2026 Rod Dreher on Europe; Dan Burmawi on Islamism in the West; and on Third worldism; and on Europe’s coming holocaust
- 7 reflections on the situation in France 20 Oct 2026 or: Is Paris Burning?
- Public Choice Links, 10/19/2026 19 Oct 2026 Andrew Biggs on Social Security reform; David Friedman on climate change; Moses Sternstein on Europe; Vance Ginn on why child care is expensive
- AI and the Economy Links, 10/18/2026 18 Oct 2026 Benjamin Bratton and others on social intelligence; Mihai Codreanu and others on AI helping science; Joseph Politano on AI displacement in the arts; Jonathan Hazell and others on software productivity
- AI and the economy links, 10/17/2026 17 Oct 2026 Gad Levanon on physical infrastructure; Hie Joo Ahn and Nicholas A. Carollo on employment changes; Peter Diamandis on the loss of moats; Ramez Naam on self-improvement taking place too slowly
- Economy and AI Links, 10/16/2026 16 Oct 2026 Brian Potter on robotics models; Luis Garicano on firm structure; Stijn Van Nieuwerburgh on the physical capital investment; Gad Levanon on tech profits
Link verified 20 Sept 2026. Recent items update automatically from the channel.
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