Economic Education
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Jubilee and Student Loan Forgiveness
“Today, we have modern governments, which have significantly more power to tinker with economic incentives, monitoring and enforcing policies that ostensibly benefit the commonweal.” ~ Michael D. Thomas and Anthony Gill
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Wanted: Economic Literacy
“Economics is in a very real sense a way of thinking that is continuously enlightening to whomever masters that science. It is not about memorizing lemmas or models, or of learning technically sophisticated methods. It’s something much more fundamental: an understanding of how the world works.” ~ Per L. Bylund
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A Reflection on Bastiat’s “What Is Seen and What Is Not Seen”
“Why does human reason so readily reveal even to people untutored in economics some unseen but real consequences, while it routinely fails to reveal others?” ~ Donald. J. Boudreaux
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A Way Out
“It will take about 90 years for the phase-out plan to completely pay for itself. But, it took Social Security almost a century to dig the hole in which we now find ourselves.” ~ Antony Davies
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Climate and COVID ‘Science’
“The belief that science is a source of complete and godlike knowledge is not merely mistaken, it’s a toxic fuel of authoritarianism when it’s combined with the false understanding of social problems as being a science project to be ‘solved’ by persons in power.” ~ Donald J. Boudreaux
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How the Swedish Labor Market Really Works
“The Swedish private-sector labor market is unusual, even compared with other European countries. It is undergirded by coercion, creating a framework or model. That model is not something for countries like the United States to try to emulate.” ~ Charlotta Stern
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Why Warner Bros. Sunk Batgirl
“The company likely believes the cost is greater than the benefit. And given the recent track record of DC movies, I don’t doubt they’re right.” ~ Peter Jacobsen
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Then a Miracle Occurs…
“It is inexcusably unscientific for economists (or any one, for that matter) to merely assume that government will perform miracles. But this is exactly what they assume.” ~ Donald J. Boudreaux
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Don’t Be a Politician. Focus on Process, not Goals
“The higher our time preference, the more likely we are to believe a politician’s false promises. The more we believe their goal-oriented lies and fail to question their processes, the more freedom, and prosperity we lose.” ~ Barry Brownstein
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Open Letter to a Young Marxist
“If any social experiment depends on scorching the earth before building a Utopia, it is probably not the way. But if an ideal system starts small and grows, pulling more human souls into its influence, it’s probably got legs.” ~ Max Borders
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•
Jubilee and Student Loan Forgiveness
“Today, we have modern governments, which have significantly more power to tinker with economic incentives, monitoring and enforcing policies that ostensibly benefit the commonweal.” ~ Michael D. Thomas and Anthony Gill
-
•
Wanted: Economic Literacy
“Economics is in a very real sense a way of thinking that is continuously enlightening to whomever masters that science. It is not about memorizing lemmas or models, or of learning technically sophisticated methods. It’s something much more fundamental: an understanding of how the world works.” ~ Per L. Bylund
-
•
A Reflection on Bastiat’s “What Is Seen and What Is Not Seen”
“Why does human reason so readily reveal even to people untutored in economics some unseen but real consequences, while it routinely fails to reveal others?” ~ Donald. J. Boudreaux
-
•
A Way Out
“It will take about 90 years for the phase-out plan to completely pay for itself. But, it took Social Security almost a century to dig the hole in which we now find ourselves.” ~ Antony Davies
-
•
Climate and COVID ‘Science’
“The belief that science is a source of complete and godlike knowledge is not merely mistaken, it’s a toxic fuel of authoritarianism when it’s combined with the false understanding of social problems as being a science project to be ‘solved’ by persons in power.” ~ Donald J. Boudreaux
-
•
How the Swedish Labor Market Really Works
“The Swedish private-sector labor market is unusual, even compared with other European countries. It is undergirded by coercion, creating a framework or model. That model is not something for countries like the United States to try to emulate.” ~ Charlotta Stern
-
•
Why Warner Bros. Sunk Batgirl
“The company likely believes the cost is greater than the benefit. And given the recent track record of DC movies, I don’t doubt they’re right.” ~ Peter Jacobsen
-
•
Then a Miracle Occurs…
“It is inexcusably unscientific for economists (or any one, for that matter) to merely assume that government will perform miracles. But this is exactly what they assume.” ~ Donald J. Boudreaux
-
•
Don’t Be a Politician. Focus on Process, not Goals
“The higher our time preference, the more likely we are to believe a politician’s false promises. The more we believe their goal-oriented lies and fail to question their processes, the more freedom, and prosperity we lose.” ~ Barry Brownstein
-
•
Open Letter to a Young Marxist
“If any social experiment depends on scorching the earth before building a Utopia, it is probably not the way. But if an ideal system starts small and grows, pulling more human souls into its influence, it’s probably got legs.” ~ Max Borders