Economic Education
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Does Classical Liberalism Need Intersectionality Theory?
“If you still hold out hope that classical liberal thought can be constructively reconciled with intersectionality theory in a way that meets Crenshaw’s own terms, I can only suggest that you are likely being as dismissive of underlying problems with intersectionality as the political right is with intersectionality itself.” ~ Phillip W. Magness
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“Progressives” Blame F. A. Hayek for Everything They Dislike
“Slobodian’s vision – clearly one parallel to or coterminous with a socialist remake of society – would turn us away from all of liberalism’s accomplishments, however imperfect and incomplete they have been, and take us back to the primitive tribalism that Friedrich Hayek explained has taken humanity so long to escape from.” ~ Richard M.…
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Low Wages Are Not Proof that Workers Have Poor Bargaining Power
“Pouring salt into this economic wound, a minimum wage – by pricing these workers out of jobs – prevents them from getting the skills and experience that would enable them tomorrow to bargain for better jobs.” ~ Donald J. Boudreaux
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Cancel Hardware Stores, Not Amazon Prime
“Mutually beneficial exchange is one of the essential features of market processes, and it is pervasive throughout our interactions with Amazon—for consumers and producers—despite perceptions to the contrary. Policies devoted to curtailing those interactions make people worse off, and critics of Amazon should be aware of such consequences.” ~ Byron B. Caron III
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So Sordid and So Selfish: What Governmentalization Does to Us
“The governmentalization of social affairs throws us into the passive position, where our sentiments are “almost always so sordid and so selfish.” That is what liberalism understands. Shout it from the rooftops: Governmentalization sucks.” ~ Daniel B. Klein
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On Frank Knight, Intelligence and Democratic Action
“Intelligence and Democratic Action is the work of a distinguished and influential scholar who spent a lifetime wrestling with the tensions between the real and the ideal, the actual and the imagined. It is a brief but deep exploration of the contours of the social sciences, and it is worth serious consideration by anyone concerned…
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The Death of a Visionary Retailer Reminds Us of Private Equity’s Genius
“Instead of sitting on their hands, these investors are energetically reshaping commerce for the much better with their bold capital commitments. Rather than demonize private equity, we should cheer the progress that it personifies with an eye on reworking the tax code in order to encourage more of what’s mindlessly penalized.” ~ John Tamny
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The Political Paternalists Take Aim at Milton Friedman
“How very disappointed Mr. Carter will no doubt be, when the policies he espouses end up, once again, having the disastrous effects they have always produced in the past. Much to Mr. Carter’s chagrin, it will be Milton Friedman’s ideas on liberty that will be shown to be the far more enduring ones.” ~ Richard…
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When I Wanted to Work in a Food Truck Instead of the Senate
“Sometimes government might be preferable to the private sector, such as protecting our universal rights. However, for the vast majority of other concerns, we would be far better off looking to ourselves for answers than running towards the arms of the state.” ~ Ethan Yang
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It’s Appropriate to Demand That Intellectuals Put Their Money Where Their Mouths Are
“Whenever I encounter intellectuals who declare that their econometric research or armchair theorizing reveals that workers are underpaid or that consumers are overcharged, I feel fully justified by responding with: ‘Prove it! Put your money where your mouth is.'” ~ Donald J. Boudreaux
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Does Classical Liberalism Need Intersectionality Theory?
“If you still hold out hope that classical liberal thought can be constructively reconciled with intersectionality theory in a way that meets Crenshaw’s own terms, I can only suggest that you are likely being as dismissive of underlying problems with intersectionality as the political right is with intersectionality itself.” ~ Phillip W. Magness
-
•
“Progressives” Blame F. A. Hayek for Everything They Dislike
“Slobodian’s vision – clearly one parallel to or coterminous with a socialist remake of society – would turn us away from all of liberalism’s accomplishments, however imperfect and incomplete they have been, and take us back to the primitive tribalism that Friedrich Hayek explained has taken humanity so long to escape from.” ~ Richard M.…
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•
Low Wages Are Not Proof that Workers Have Poor Bargaining Power
“Pouring salt into this economic wound, a minimum wage – by pricing these workers out of jobs – prevents them from getting the skills and experience that would enable them tomorrow to bargain for better jobs.” ~ Donald J. Boudreaux
-
•
Cancel Hardware Stores, Not Amazon Prime
“Mutually beneficial exchange is one of the essential features of market processes, and it is pervasive throughout our interactions with Amazon—for consumers and producers—despite perceptions to the contrary. Policies devoted to curtailing those interactions make people worse off, and critics of Amazon should be aware of such consequences.” ~ Byron B. Caron III
-
•
So Sordid and So Selfish: What Governmentalization Does to Us
“The governmentalization of social affairs throws us into the passive position, where our sentiments are “almost always so sordid and so selfish.” That is what liberalism understands. Shout it from the rooftops: Governmentalization sucks.” ~ Daniel B. Klein
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•
On Frank Knight, Intelligence and Democratic Action
“Intelligence and Democratic Action is the work of a distinguished and influential scholar who spent a lifetime wrestling with the tensions between the real and the ideal, the actual and the imagined. It is a brief but deep exploration of the contours of the social sciences, and it is worth serious consideration by anyone concerned…
-
•
The Death of a Visionary Retailer Reminds Us of Private Equity’s Genius
“Instead of sitting on their hands, these investors are energetically reshaping commerce for the much better with their bold capital commitments. Rather than demonize private equity, we should cheer the progress that it personifies with an eye on reworking the tax code in order to encourage more of what’s mindlessly penalized.” ~ John Tamny
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•
The Political Paternalists Take Aim at Milton Friedman
“How very disappointed Mr. Carter will no doubt be, when the policies he espouses end up, once again, having the disastrous effects they have always produced in the past. Much to Mr. Carter’s chagrin, it will be Milton Friedman’s ideas on liberty that will be shown to be the far more enduring ones.” ~ Richard…
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•
When I Wanted to Work in a Food Truck Instead of the Senate
“Sometimes government might be preferable to the private sector, such as protecting our universal rights. However, for the vast majority of other concerns, we would be far better off looking to ourselves for answers than running towards the arms of the state.” ~ Ethan Yang
-
•
It’s Appropriate to Demand That Intellectuals Put Their Money Where Their Mouths Are
“Whenever I encounter intellectuals who declare that their econometric research or armchair theorizing reveals that workers are underpaid or that consumers are overcharged, I feel fully justified by responding with: ‘Prove it! Put your money where your mouth is.'” ~ Donald J. Boudreaux