Economic Education
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Julian Simon and Paul Ehrlich’s Second Bet
“It is easy to remember Simon as a cheerful optimist whose view can be summarized as ‘more people, more innovations, more value created, more abilities to deal with environmental problems.’ But, in reality, Simon was a much deeper thinker who connected markets and economic growth to solving environmental problems through institutions. It is worth remembering…
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A Case for ‘Operation Warp Speed’ As An Odious Form of Cronyism
“These are questions worth asking amid all the back slapping taking place over the creation of corona-vaccines. Conservatives in particular normally think of tradeoffs, of the unseen, and of the dangers presented by partnerships between politicians and private businesses. Not now, however, which should have readers wondering if even bigger bills for political panic over…
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Can the U.S. Economy Grow Without Immigration?
“While immigration isn’t necessary for U.S. growth so long as the American people are free to exchange with the rest of the world, the rest of the world’s inhabitants would likely be more productive if they worked in the U.S. In short, prosperity made great by work divided globally would be quite a bit greater…
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The Back Door to Universal Basic Income
“Low and falling barriers for lockdowns, stay-at-home orders, and other government-mandated nonpharmaceutical interventions are acting as a back door for the silent implementation of UBI & MMT schemes.” ~ Peter C. Earle & Kristoffer J. M. Hansen
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Long Past Time to Break Silence on this Tyranny
“My failure to understand isn’t a sufficient warrant for me to criticize those who remain silent. I will respect their choices. Showing such respect is what Leonard Read would have done. It’s what my ever-wise Friend does and will always do. The liberalism destroyed by hygiene socialism need not have added to it the liberalism…
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Concerned About Amazon Workers? Here’s How To Really Help Them
“Everyone wants to help other people—or at least, everyone should. The solution isn’t in collective bargaining, however. It’s in better options, better tools, and better ideas. So let’s have more of those.” ~ Art Carden
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How Did the Life Insurance Industry Survive the Pandemic?
“It is of course a good thing that life insurers did not exacerbate the financial stresses brought on by the pandemic or its mitigation policies, which did indeed turn out to be the worst since the New Deal as I suggested in April 2020. ‘Tis a shame that nobody followed my suggestion, made that same…
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The Iceman Cometh Not
“During the winter of 1918-1919, not much ice was harvested and stored away. New York City faced an ice famine. The city faced the prospects of riots and the starvation of children, said some. The legislature repealed the act establishing an Ice Comptroller, and the market found an equilibrium given the shortage of natural ice.…
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Central Planners Send Vaccines to Places Seniors Don’t Live
“Federal officials monopolized the purchase and distribution of vaccines which were sent to state governments, which micromanaged distribution of vaccines to their counties. Vaccines were then rationed by political preferences (such as defining some jobs as more essential than others) and by random luck after spending hours searching for an appointment.” ~ Alan Reynolds
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Mastercard’s Crypto Ruse
“With more corporate powerhouses supporting cryptocurrencies by the month, it appears that crypto is here to stay. Whether those cryptos are the ones currently popular or this announcement by Mastercard acts to initiate a path dependent development process is presently unknown and unknowable. Other recent initiatives by the massive processing firm suggest a focus that…
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Julian Simon and Paul Ehrlich’s Second Bet
“It is easy to remember Simon as a cheerful optimist whose view can be summarized as ‘more people, more innovations, more value created, more abilities to deal with environmental problems.’ But, in reality, Simon was a much deeper thinker who connected markets and economic growth to solving environmental problems through institutions. It is worth remembering…
-
•
A Case for ‘Operation Warp Speed’ As An Odious Form of Cronyism
“These are questions worth asking amid all the back slapping taking place over the creation of corona-vaccines. Conservatives in particular normally think of tradeoffs, of the unseen, and of the dangers presented by partnerships between politicians and private businesses. Not now, however, which should have readers wondering if even bigger bills for political panic over…
-
•
Can the U.S. Economy Grow Without Immigration?
“While immigration isn’t necessary for U.S. growth so long as the American people are free to exchange with the rest of the world, the rest of the world’s inhabitants would likely be more productive if they worked in the U.S. In short, prosperity made great by work divided globally would be quite a bit greater…
-
•
The Back Door to Universal Basic Income
“Low and falling barriers for lockdowns, stay-at-home orders, and other government-mandated nonpharmaceutical interventions are acting as a back door for the silent implementation of UBI & MMT schemes.” ~ Peter C. Earle & Kristoffer J. M. Hansen
-
•
Long Past Time to Break Silence on this Tyranny
“My failure to understand isn’t a sufficient warrant for me to criticize those who remain silent. I will respect their choices. Showing such respect is what Leonard Read would have done. It’s what my ever-wise Friend does and will always do. The liberalism destroyed by hygiene socialism need not have added to it the liberalism…
-
•
Concerned About Amazon Workers? Here’s How To Really Help Them
“Everyone wants to help other people—or at least, everyone should. The solution isn’t in collective bargaining, however. It’s in better options, better tools, and better ideas. So let’s have more of those.” ~ Art Carden
-
•
How Did the Life Insurance Industry Survive the Pandemic?
“It is of course a good thing that life insurers did not exacerbate the financial stresses brought on by the pandemic or its mitigation policies, which did indeed turn out to be the worst since the New Deal as I suggested in April 2020. ‘Tis a shame that nobody followed my suggestion, made that same…
-
•
The Iceman Cometh Not
“During the winter of 1918-1919, not much ice was harvested and stored away. New York City faced an ice famine. The city faced the prospects of riots and the starvation of children, said some. The legislature repealed the act establishing an Ice Comptroller, and the market found an equilibrium given the shortage of natural ice.…
-
•
Central Planners Send Vaccines to Places Seniors Don’t Live
“Federal officials monopolized the purchase and distribution of vaccines which were sent to state governments, which micromanaged distribution of vaccines to their counties. Vaccines were then rationed by political preferences (such as defining some jobs as more essential than others) and by random luck after spending hours searching for an appointment.” ~ Alan Reynolds
-
•
Mastercard’s Crypto Ruse
“With more corporate powerhouses supporting cryptocurrencies by the month, it appears that crypto is here to stay. Whether those cryptos are the ones currently popular or this announcement by Mastercard acts to initiate a path dependent development process is presently unknown and unknowable. Other recent initiatives by the massive processing firm suggest a focus that…