Economic Education
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Ten Remarkable Financial Events of 2020
“A year like 2020 educates another generation of traders and corporate managers, contributes to more robust market and exchange designs, and draws in innovators and risk-takers seeking to capitalize on the next crisis opportunity. Whatever 2021 has in store, it is unlikely to replicate financial market conditions witnessed throughout 2020.” ~ Peter C. Earle
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When I Knew More Than Hayek
“The main problem with central planning is that a great many dispersed individuals have local knowledge that cannot be collected and processed even by the most noble, intelligent, and hard-working planner. Progress against Covid-19 requires respecting the message of Hayek’s paper, by heeding the local knowledge of doctors fighting Covid-19 in their clinics and hospitals.”…
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Feelings Over Facts Is Dangerous to Human Liberty
“If we redefine “harm” to mean whatever we want it to mean, we can rule over others. If your speech causes me discomfort, that’s harm. If your clothes offend me, that’s harm. If your moral or political opinions are different from mine, you’re harming both me and everyone else that I am angelically trying to…
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What Will The Stimulus Stimulate?
“We shouldn’t be surprised that what ultimately emerged was a dog’s breakfast of giveaways for special interests. That’s the nature of the political beast. As we continue to cede power to enormous rent-creating operations called governments, we shouldn’t be surprised by the results.” ~ Art Carden
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Ronald Coase: A Birthday Appreciation
“Like Adam Smith before him, Ronald Coase remains highly cited but still underrated. His ideas on transaction costs, rules, and organizations were influential, but as I wrote when he passed in 2013, ‘a few minutes with the ‘externalities’ section of almost any principles book, or a few seconds watching and listening to TV and radio…
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Twelve Principles of International Trade: Part 3
“The notion that people will be enriched if their government artificially impedes their access to goods and services is as detached from reality as is the belief that the future can be revealed through astrology.” ~ Donald J. Boudreaux
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In Defense of the Tom Cruise Rant
“It’s sad that businesses must waste time, money and brain space on compliance, but businesses ultimately must be bloodless and ideology-blind in pursuit of profits. Thank goodness they must.” ~ John Tamny
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Drink Your Coffee, Be Considerate, and Fight Covid-19
“Lockdowns are a blunt policy instrument typical of government officials who can only pretend to know how individuals make choices and the tradeoffs they face. However, we can still be considerate of the choices people make and fight Covid-19.” ~ Byron Carson
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Your Trauma and Mine: A Retrospective on 2020
“The many layers of trauma we’ve all experienced this year are awesome to contemplate. But if you are reading this, you are like me, a survivor. We are wounded but in other ways stronger than before, more dedicated to truth, more committed to the ideals of freedom, less naive and ready to go forth in…
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Digital Currencies and US Dollar Dominance
“Is this the end for the US Dollar as the world’s reserve currency? As Churchill might have said, ‘…This is not the end. It is not even the beginning of the end, but it is, perhaps, the end of the beginning.’” ~ Colin Lloyd
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•
Ten Remarkable Financial Events of 2020
“A year like 2020 educates another generation of traders and corporate managers, contributes to more robust market and exchange designs, and draws in innovators and risk-takers seeking to capitalize on the next crisis opportunity. Whatever 2021 has in store, it is unlikely to replicate financial market conditions witnessed throughout 2020.” ~ Peter C. Earle
-
•
When I Knew More Than Hayek
“The main problem with central planning is that a great many dispersed individuals have local knowledge that cannot be collected and processed even by the most noble, intelligent, and hard-working planner. Progress against Covid-19 requires respecting the message of Hayek’s paper, by heeding the local knowledge of doctors fighting Covid-19 in their clinics and hospitals.”…
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•
Feelings Over Facts Is Dangerous to Human Liberty
“If we redefine “harm” to mean whatever we want it to mean, we can rule over others. If your speech causes me discomfort, that’s harm. If your clothes offend me, that’s harm. If your moral or political opinions are different from mine, you’re harming both me and everyone else that I am angelically trying to…
-
•
What Will The Stimulus Stimulate?
“We shouldn’t be surprised that what ultimately emerged was a dog’s breakfast of giveaways for special interests. That’s the nature of the political beast. As we continue to cede power to enormous rent-creating operations called governments, we shouldn’t be surprised by the results.” ~ Art Carden
-
•
Ronald Coase: A Birthday Appreciation
“Like Adam Smith before him, Ronald Coase remains highly cited but still underrated. His ideas on transaction costs, rules, and organizations were influential, but as I wrote when he passed in 2013, ‘a few minutes with the ‘externalities’ section of almost any principles book, or a few seconds watching and listening to TV and radio…
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•
Twelve Principles of International Trade: Part 3
“The notion that people will be enriched if their government artificially impedes their access to goods and services is as detached from reality as is the belief that the future can be revealed through astrology.” ~ Donald J. Boudreaux
-
•
In Defense of the Tom Cruise Rant
“It’s sad that businesses must waste time, money and brain space on compliance, but businesses ultimately must be bloodless and ideology-blind in pursuit of profits. Thank goodness they must.” ~ John Tamny
-
•
Drink Your Coffee, Be Considerate, and Fight Covid-19
“Lockdowns are a blunt policy instrument typical of government officials who can only pretend to know how individuals make choices and the tradeoffs they face. However, we can still be considerate of the choices people make and fight Covid-19.” ~ Byron Carson
-
•
Your Trauma and Mine: A Retrospective on 2020
“The many layers of trauma we’ve all experienced this year are awesome to contemplate. But if you are reading this, you are like me, a survivor. We are wounded but in other ways stronger than before, more dedicated to truth, more committed to the ideals of freedom, less naive and ready to go forth in…
-
•
Digital Currencies and US Dollar Dominance
“Is this the end for the US Dollar as the world’s reserve currency? As Churchill might have said, ‘…This is not the end. It is not even the beginning of the end, but it is, perhaps, the end of the beginning.’” ~ Colin Lloyd