Volume 29

Number 4

Spring

2025

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Previous Issue: Winter 2024/25

In this issue...

Articles

Extensions and Expansions of the Ratchet Effect: An Introduction to the Symposium

Abigail R. Hall, Ryan M. Yonk

The Nuclear Ratchet: Crisis, Leviathan, and Atomic Weapons

Summary Only
Abigail R. Hall, Christopher J. Coyne

The China Ratchet: Extending Higgs’s Model to Explore Foreign Policy

Summary Only
Ryan M. Yonk, Alec Stamm

Operation Warp Speed: An Emerging Ratchet?

Summary Only
Elisha K. Denkyirah, Raymond J. March

Endogenous Ratcheting: Interests and Ideas in State-Centric Crisis Response

Summary Only
Mikayla Novak

War and Presidential Greatness

Summary Only
Chandler Reilly, Vincent J. Geloso

The Varieties of Ecological Rationality in Decision Making and Their Challenge to Behavioral Economics

Summary Only
Yulie Foka-Kavalieraki

Reflections

The Strange and Future Political Economy of AI

Summary Only
Jimmy Alfonso Licon

My Time in the Reagan Administration

Paul Craig Roberts

Book Reviews

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The State

By Philip Pettit
Reviewed by
Richard E. Wagner
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Liberalism’s Last Man: Hayek in the Age of Political Capitalism

By Vikash Yadav
Reviewed by
Paul Dragos Aligica
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Economics in America: An Immigrant Economist Explores the Land of Inequality

By Angus Deaton
Reviewed by
Phillip W. Magness
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Freedom from Fear: An Incomplete History of Liberalism

By Alan S. Kahan
Reviewed by
Samuel Gregg
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One From the Many: The Global Economy Since 1850

By Christopher M. Meissner
Reviewed by
Donald J. Boudreaux
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What’s the Worst That Could Happen?: Existential Risk and Extreme Politics

By Andew Leigh
Reviewed by
Christopher J. Coyne
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The Economics of Creative Destruction: New Research on Themes from Aghion and Howitt

Edited by Ufuk Akcigit and John Van Reenen
Reviewed by
John T. Dalton
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The Fall of Israel: The Degradation of Israel’s Politics, Economy and Military

By Dan Steinbock
Reviewed by
Ivan Eland
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Gun Curious: A Liberal Professor’s Surprising Journey Inside America’s Gun Culture

By David Yamane
Reviewed by
Justine Robinson
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All the Kingdoms of the World: On Radical Religious Alternatives to Liberalism

By Kevin Vallier
Reviewed by
Gregory J. Robson
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The Year That Broke Politics: Collusion and Chaos in the Presidential Election of 1968

By Luke A. Nichter
Reviewed by
William F. Shughart II
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Not Stolen: The Truth about European Colonialism in the New World

By Jeff Fynn-Paul
Reviewed by
Robert M. Whaples
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Green Breakdown: The Coming Renewable Energy Failure

By Steve Goreham
Reviewed by
Robert M. Whaples
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Heavy Metal: Earth’s Minerals and the Future of Sustainable Societies

Edited by Philippe D. Tortell
Reviewed by
Robert M. Whaples

Etceteras

Millennials, Gen Zs, Capitalism, Socialism, and Confusion

Robert M. Whaples

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