Economic Education
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Walter Williams: A Legacy of Liberty
“Professor Williams’ research shows how powerful the concept of liberty is, and how it should remain a strong tool as America continues to race on its mission to provide opportunities for people around the world.” ~ John Sibley Butler
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In Respectful Disagreement with Alex Salter
“While Alex is correct to note that cross-border trade doesn’t ensure against belligerence, it almost certainly does make such belligerence more costly and, hence, less likely. We abandon such trade at our peril.” ~ Donald J. Boudreaux
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Making Money Myths
“NQA banknote systems have existed in the past. It follows that private NQA paper currency is perfectly possible. It might still be true, of course, that private NQA digital currency isn’t possible. But if I were you, I wouldn’t take Gary Gorton’s word for it.” ~ George Selgin
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Wilhem Röpke’s Civilization of Liberty
“Yes, markets and constitutionalism are vital for a free society. But if you ignore, trivialize, or even try to expunge the civilizational roots of liberty, dystopia and tyranny will surely follow.” ~ Samuel Gregg
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The Organ Shortage
“From an economic perspective the decades-long organ shortage has a simple cause: paying organ donors is illegal. Price controls predictably produce shortages.” ~ Daniel Sutter
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What Economics Can Tell Us About Mandating Vaccines
“The question as to whether the vaccine should be mandatory begins with economics. What economics clearly tells us is that, at its root, this question revolves around property rights.” ~ Antony Davies
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Walter Williams: A Fond Remembrance
“On issues such as education, limited government, democracy, income redistribution, welfare, and race, Williams provided wit, logic, and reason in areas where there was often very little.” ~ Harold A. Black
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Understanding GDP
“GDP is a crude measure of economic performance, but it captures a tremendous amount of information in a single number. It provides a one-dimensional measure of the output of a complex and multidimensional modern exchange economy.” ~ Robert F. Mulligan
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Capital v Labor: The Great Decoupling
“The most seasoned enemies of capitalism are going to have to search for another narrative since the narrative of the Great Decoupling and the growing power of capital over labor lacks empirical and theoretical support.” ~ Daniel Fernández
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Missed it by That Much: Where the Fed’s Digital Currency Proposal Goes Wrong
“Whereas the sCBDC plan allows for numerous, entirely distinct retail digital currencies, the Fed’s iCBDC plan provides for a single digital currency only, albeit one offered at and administered by numerous private-sector firms.” ~ George Selgin
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•
Walter Williams: A Legacy of Liberty
“Professor Williams’ research shows how powerful the concept of liberty is, and how it should remain a strong tool as America continues to race on its mission to provide opportunities for people around the world.” ~ John Sibley Butler
-
•
In Respectful Disagreement with Alex Salter
“While Alex is correct to note that cross-border trade doesn’t ensure against belligerence, it almost certainly does make such belligerence more costly and, hence, less likely. We abandon such trade at our peril.” ~ Donald J. Boudreaux
-
•
Making Money Myths
“NQA banknote systems have existed in the past. It follows that private NQA paper currency is perfectly possible. It might still be true, of course, that private NQA digital currency isn’t possible. But if I were you, I wouldn’t take Gary Gorton’s word for it.” ~ George Selgin
-
•
Wilhem Röpke’s Civilization of Liberty
“Yes, markets and constitutionalism are vital for a free society. But if you ignore, trivialize, or even try to expunge the civilizational roots of liberty, dystopia and tyranny will surely follow.” ~ Samuel Gregg
-
•
The Organ Shortage
“From an economic perspective the decades-long organ shortage has a simple cause: paying organ donors is illegal. Price controls predictably produce shortages.” ~ Daniel Sutter
-
•
What Economics Can Tell Us About Mandating Vaccines
“The question as to whether the vaccine should be mandatory begins with economics. What economics clearly tells us is that, at its root, this question revolves around property rights.” ~ Antony Davies
-
•
Walter Williams: A Fond Remembrance
“On issues such as education, limited government, democracy, income redistribution, welfare, and race, Williams provided wit, logic, and reason in areas where there was often very little.” ~ Harold A. Black
-
•
Understanding GDP
“GDP is a crude measure of economic performance, but it captures a tremendous amount of information in a single number. It provides a one-dimensional measure of the output of a complex and multidimensional modern exchange economy.” ~ Robert F. Mulligan
-
•
Capital v Labor: The Great Decoupling
“The most seasoned enemies of capitalism are going to have to search for another narrative since the narrative of the Great Decoupling and the growing power of capital over labor lacks empirical and theoretical support.” ~ Daniel Fernández
-
•
Missed it by That Much: Where the Fed’s Digital Currency Proposal Goes Wrong
“Whereas the sCBDC plan allows for numerous, entirely distinct retail digital currencies, the Fed’s iCBDC plan provides for a single digital currency only, albeit one offered at and administered by numerous private-sector firms.” ~ George Selgin