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August Demonstrations

Monday, September 8, 2025

The large demonstrations at the end of August reflected a buildup of public disappointment and anger, amid perceptions that those in power lack empathy.

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Gordon Tullock was Not a Nobel Laureate

I ALWAYS read Yopie Hidayat’s Market Pulse column. The substance is informative and forward-looking. But in the piece titled How Misleading Narratives Create Crises (Tempo, September 1-7, 2025), Yopie wrote: “Nobel laureates James Buchanan and Gordon Tullock explained this in Public Choice Theory…” James M. Buchanan did indeed win the 1986 Nobel Prize in Economics, but Gordon

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