Economic Education
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Too Many Experts, Too Little Knowledge
“The kind of information people acquire in their myriad interactions with others is often undervalued as a means of preventative behavior. As helpful as science is for understanding causal mechanisms — and it is — it should not be the only source of knowledge that informs your behavior, let alone policy.” ~ Byron B. Carson…
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Awash in Warped Words
“The malleability of language has allowed new iterations of statism to masquerade as means to the good society, because linguistic misdirection has made foolish thoughts about social organization more viable. At the same time, it has made it harder to communicate the benefits that are only achievable through liberty.” ~ Gary M. Galles
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Free Labor Markets vs. Biden’s Push for Compulsory Unionism
“Joe Biden’s pro-union labor agenda, if implemented, would rob all those working for a living the liberty and latitude to do so freely and of their own choosing. They would be reduced to servants and supplicants to those controlling the unions and who possess the power to allow or prevent people from working in various…
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Is France Suffering from Excessive Austerity?
“Given that the United States, with its medium-sized government, does so much better than France, with its large-sized government, how can Rokhaya Diallo reconcile those numbers with her dogmatic view that society will be better off if government is even bigger?”~ Daniel J. Mitchell
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The Case for Decentralizing Monetary Policy
“Wood’s book was published in the year 2000 and cites history dating back hundreds of years, yet today those lessons are as timely as ever. Policy makers should heed the lessons of history and the principles of sound money to ensure that the future of money is guided by the democratic tendencies of the market…
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On Richard Epstein on Regulating “Big Tech”
“The chief condition for such competition to remain real and effective is that government not obstruct it. As long as government itself remains neutral and nondiscriminatory, the best protection for consumers and for the polity is the free-market process.” ~ Donald J. Boudreaux
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CARES Act Stimulus Did Not “Replace Lost Wages”
“Far from stimulus checks, PPP loans and jobless benefits ‘replacing lost wages,’ it was instead a swift increase in private wages during the reopening that replaced a swift withdrawal of ‘fiscal stimulus.'” ~ Alan Reynolds
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From the Land of Financial Bubbles
“For the aspiring startup today, perhaps working away in the venture-cap lands of overpriced unicorns, the history of bubble allegations teaches you one thing: be right or be a bubble. Until the dust has settled, nobody can really tell.” ~ Joakim Book
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The Physics Behind Freedom
“Bejan’s book shows that freedom is actually scientifically good for society. It truly is a groundbreaking fusion of physics and economics. In his case, he sees things through the lens of energy movement and evolution, the literal workings of the universe. Economists call prosperity the result of free people and free markets. He calls it…
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Twelve Principles of International Trade: Part 4
“When combined with the empirically verified reality that increased trade between nations decreases the likelihood of those nations getting into shooting wars with each other, what is left of the national-security exception to the case for unilateral free trade is very narrow indeed.” ~ Donald J. Boudreaux
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Too Many Experts, Too Little Knowledge
“The kind of information people acquire in their myriad interactions with others is often undervalued as a means of preventative behavior. As helpful as science is for understanding causal mechanisms — and it is — it should not be the only source of knowledge that informs your behavior, let alone policy.” ~ Byron B. Carson…
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•
Awash in Warped Words
“The malleability of language has allowed new iterations of statism to masquerade as means to the good society, because linguistic misdirection has made foolish thoughts about social organization more viable. At the same time, it has made it harder to communicate the benefits that are only achievable through liberty.” ~ Gary M. Galles
-
•
Free Labor Markets vs. Biden’s Push for Compulsory Unionism
“Joe Biden’s pro-union labor agenda, if implemented, would rob all those working for a living the liberty and latitude to do so freely and of their own choosing. They would be reduced to servants and supplicants to those controlling the unions and who possess the power to allow or prevent people from working in various…
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•
Is France Suffering from Excessive Austerity?
“Given that the United States, with its medium-sized government, does so much better than France, with its large-sized government, how can Rokhaya Diallo reconcile those numbers with her dogmatic view that society will be better off if government is even bigger?”~ Daniel J. Mitchell
-
•
The Case for Decentralizing Monetary Policy
“Wood’s book was published in the year 2000 and cites history dating back hundreds of years, yet today those lessons are as timely as ever. Policy makers should heed the lessons of history and the principles of sound money to ensure that the future of money is guided by the democratic tendencies of the market…
-
•
On Richard Epstein on Regulating “Big Tech”
“The chief condition for such competition to remain real and effective is that government not obstruct it. As long as government itself remains neutral and nondiscriminatory, the best protection for consumers and for the polity is the free-market process.” ~ Donald J. Boudreaux
-
•
CARES Act Stimulus Did Not “Replace Lost Wages”
“Far from stimulus checks, PPP loans and jobless benefits ‘replacing lost wages,’ it was instead a swift increase in private wages during the reopening that replaced a swift withdrawal of ‘fiscal stimulus.'” ~ Alan Reynolds
-
•
From the Land of Financial Bubbles
“For the aspiring startup today, perhaps working away in the venture-cap lands of overpriced unicorns, the history of bubble allegations teaches you one thing: be right or be a bubble. Until the dust has settled, nobody can really tell.” ~ Joakim Book
-
•
The Physics Behind Freedom
“Bejan’s book shows that freedom is actually scientifically good for society. It truly is a groundbreaking fusion of physics and economics. In his case, he sees things through the lens of energy movement and evolution, the literal workings of the universe. Economists call prosperity the result of free people and free markets. He calls it…
-
•
Twelve Principles of International Trade: Part 4
“When combined with the empirically verified reality that increased trade between nations decreases the likelihood of those nations getting into shooting wars with each other, what is left of the national-security exception to the case for unilateral free trade is very narrow indeed.” ~ Donald J. Boudreaux