Zachary Wood @ZacharyEWood
Christian. Econ student. Joined April 2020-
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My article "Pumping Gas and Siphoning Rents: The Political Economy of Self-Service Laws" has been published in the Winter 2023/2024 edition of The Independent Review. Find it here: independent.org/publications/t…
I am happy to announce that my paper “The Opioids Of The Masses,” co-authored with @ZacharyEWood, has been published in the Grove City College Journal of Law and Public Policy. Read our paper to learn about the economics of opioid prohibition. exposteconomics.com/2023/11/11/the…
My friend and colleague @Sam_Libertas and I recently had a coauthored paper published in the Grove City College Journal of Law & Public Policy: exposteconomics.com/2023/11/11/the…
@SamBranthoover, @Sam_Libertas, @ZacharyEWood, and I started a website about a month ago called Ex Post. This site specializes in brief economic insights from the Austrian perspective. Check out my first post here: exposteconomics.com/2023/09/14/gov…
New natural experiment just dropped
Free traders trying to get the Jones Act repealed:
Free traders trying to get the Jones Act repealed: https://t.co/tetuQIFczP
My latest article published with @ismurray @NRO: nationalreview.com/2023/08/how-to…
Last week I finished my internship with @ceidotorg. Thank you to everyone for all the help along the way, especially to my wonderful boss @ismurray! My latest was just published on CEI’s blog today. Give it a read: cei.org/blog/work-dign…
“As the Iron Law of Prohibition predicts, increased enforcement and regulation of opioids have made them more potent and deadly.” ~@Sam_Libertas and @ZacharyEWood Opioids, Fentanyl, and the War on Drugs: aier.org/article/opioid….
My latest with @ceidotorg is out: cei.org/blog/congress-…
I guess the only consolation if a bad recession hits in the next 6 months is that every single economist on Twitter will say, "I told you so."
The Biden administration is celebrating success in their war against "junk fees." Not only is this just a lame agenda item, but it is entirely misguided. Read more in my recent article: fee.org/articles/do-ju…
Today my article on Police Militarization and the Peltzman Effect was published with @Econlib. Here is the link: econlib.org/police-militar…
My latest article is out at AIER. Check it out here:
My latest article is out at AIER. Check it out here:
Wrote a blog post for CEI on AI regulation:
Wrote a blog post for CEI on AI regulation:
🚨🚨🚨 SCOTUS announced it will hear arguments in Moore v. U.S., a challenge to the Mandatory Repatriation Tax. The case was brought by CEI and Baker Hostetler on behalf of the Moores, who were taxed on a foreign investment despite receiving no income. cei.org/news_releases/…
My colleague @ZacharyEWood with a nice piece debunking trade deficit fears. cei.org/blog/why-trump…
A lot of people seem to think that sacrificing a bunch of cows will control the weather. I get the feeling we (humanity) have tried this before...
Check out my article combatting recent remarks by economic nationalist Michael Anton! mises.org/wire/economic-…
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I love stuff like this where the critique of economics is clearly several iterations into a game of "telephone". chowcollection.medium.com/michael-saylor…
“science as philosophy” tale: a man builds a thermometer. wires it to detect heat. programs it so that when its hot, it makes a noise. one day the thermometer turns to him and says: its strange that things are only “hot” because of how i am programmed. heat exists because of me.
It's strange that beauty is entirely subjective. These are beautiful to us because of how we're programmed. Objectively, they're no more beautiful than any other arrangement of atoms and photons. The day humans go extinct, everything we find beautiful will cease to be beautiful.
A major error in Mill was the separation of production and distribution, and thus distribution is a function of political will not economic forces. The evolution of economic thought in the early neoclassical economics was to demonstrate the distribution and production were…
Our society has decided to accept enormous inequality but it doesn't have to. If we finally reject neoliberal doctrines and structure society in a way that takes all people and their right to live a full life into account—freer to live up to their potential—we would be better…
Supply curves slope upward
Swedish pole vaulter Mondo Duplantis just broke his own world record for the 8th time Since he gets a bonus (between $30k-$100k) every time he breaks it, he only raises the bar by 1 cm each new attempt More records = more cash World smarter, not harder
pre-roasted anti-chickens will voluntarily fly into our mouths when we hunger
When I say that people need money, not jobs, I'm not ignoring the reality that people generally need jobs to acquire money. Instead, I'm suggesting that we might be making a mistake by setting up our economy so that people have to earn all their money through jobs.
This is bonkers. Perhaps, to be as generous as possible, the fundamental error here is as serious as it is common. Overwhelmingly, market activity is the result of voluntary exchange. This is the private sphere of life. However, in the public sphere, coercion is baked in.
“People in their daily lives experience coercion most frequently in the business realm.” — Lina Khan, music to my ears.
Remember that time economists used a gravity model to find ancient lost cities from the Bronze Age? If you do or you don't, check out this thread🧵
Starting when I was a grad student, but especially during my assistant professor years at NYU, folks that supposedly cared told me if I wanted to succeed I needed to translate the insights of Austrian economics into formal models and econometric tests. I have refused because my…
This is akin to a scientist being hectored on proper scientific "credentials" by a Scientologist.
The dopamine hit when I’m reading a heavily mathematical paper and the author says “in other words,”
Big news: I’ve accepted a funding offer for the economics PhD at @OleMiss! Incredibly excited to work with the faculty, and so thankful for the opportunity. Go… Rebels?
Property precedes states. By a lot. Like a lot a lot. global.oup.com/academic/produ…
Debates like this are why I often call libertarian property theories "magical reasoning". The insistence that one's property rights are based on some eternal metaphysical force beyond the state, based on some arbitrary method invented in the 17th century is really something.
Happy birthday to my beloved 2009 Toyota Tacoma, who just turned 150k!
Had a blast at the Austrian Economics Research Conference at @mises! Won the Undergraduate Essay Contest and got to hang out with plenty of friends I rarely get to see
AERC 2024 was a blast!
this is when i realized i had spent too much crystal on this site and logged off
Time is a four-dimensional crystal growing inside of a five-dimensional fluid
@amyklobuchar Heroic! Thank you!!! 🥹🫡
Well I won a thing today #AERC2024
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