Economic Education
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There’s No Such Thing as “Market Fundamentalism”
“Minds Wide Shut provides a worthwhile introduction, but it calls for much more work. I would suggest to Morson and Schapiro that they revise the book to focus on true fundamentalist thinking and leave out their misleading and ill-conceived attack on ‘market fundamentalism.'” ~ George Leef
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Corporate Welfare: Where’s the Outrage? A Review
“The majority of corporate welfare policies appear to remove resources from local populations and via cronyism, politicians try to insulate themselves from the loss of those benefits by removing community members from the decision process.” ~ David Waugh
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Breaking News: Unrealized Capital Gains are Not Taxed
“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson
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America’s Fiscal History: From Liberty to Paternalism
“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling
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What Is Money, Anyway?
“Rather than it being evil, it should deserve respect since it lays claim to the production of goods and services that do not yet exist. Even more boldly, when earned non-fraudulently, money represents a debt society owes you.” ~ David Gillette
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Economics and the Picture Show
“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon
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That’s None of Your Business, Actually
“For what purposes may societies condone the use of violent force? The answer is many fewer than most people presently believe. Because most things are simply none of the government’s business.” ~ Joakim Book
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The Misuse of Knowledge in Society: Intervention Means Prices are Lying
“Making prices less accurate and less reliable with well-intentioned but misguided controls compounds the problem. It leads to an even bigger pile of errors–a misuse of knowledge in society, in other words.” ~ Art Carden
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Opportunity Costs and the Economic Impact Report: They Didn’t See That Coming
“Good reporting helps people because they intuitively understand cost overruns are bad. What would also help people are more council members and commissioners who know to ask about what is not seen: opportunity costs.” ~ Jon Sanders
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The Inevitable Failure of Socialism
“As Mises summarized the fate of a fully socialized economy, ‘As soon as one gives up the conception of a freely established monetary price for goods of a higher order, rational production becomes completely impossible.'” ~ Donald J. Boudreaux
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•
There’s No Such Thing as “Market Fundamentalism”
“Minds Wide Shut provides a worthwhile introduction, but it calls for much more work. I would suggest to Morson and Schapiro that they revise the book to focus on true fundamentalist thinking and leave out their misleading and ill-conceived attack on ‘market fundamentalism.'” ~ George Leef
-
•
Corporate Welfare: Where’s the Outrage? A Review
“The majority of corporate welfare policies appear to remove resources from local populations and via cronyism, politicians try to insulate themselves from the loss of those benefits by removing community members from the decision process.” ~ David Waugh
-
•
Breaking News: Unrealized Capital Gains are Not Taxed
“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson
-
•
America’s Fiscal History: From Liberty to Paternalism
“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling
-
•
What Is Money, Anyway?
“Rather than it being evil, it should deserve respect since it lays claim to the production of goods and services that do not yet exist. Even more boldly, when earned non-fraudulently, money represents a debt society owes you.” ~ David Gillette
-
•
Economics and the Picture Show
“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon
-
•
That’s None of Your Business, Actually
“For what purposes may societies condone the use of violent force? The answer is many fewer than most people presently believe. Because most things are simply none of the government’s business.” ~ Joakim Book
-
•
The Misuse of Knowledge in Society: Intervention Means Prices are Lying
“Making prices less accurate and less reliable with well-intentioned but misguided controls compounds the problem. It leads to an even bigger pile of errors–a misuse of knowledge in society, in other words.” ~ Art Carden
-
•
Opportunity Costs and the Economic Impact Report: They Didn’t See That Coming
“Good reporting helps people because they intuitively understand cost overruns are bad. What would also help people are more council members and commissioners who know to ask about what is not seen: opportunity costs.” ~ Jon Sanders
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•
The Inevitable Failure of Socialism
“As Mises summarized the fate of a fully socialized economy, ‘As soon as one gives up the conception of a freely established monetary price for goods of a higher order, rational production becomes completely impossible.'” ~ Donald J. Boudreaux