Economic Education
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The Passing of Esteemed Economist Walter Williams
“Today, now more than ever, it is men like Walter Williams who are sorely needed to protect the ideas of freedom and prosperity. His work and efforts have educated countless people from the latest generation of economic thinkers to the average citizen who are now better equipped to understand the world around them. Perhaps it…
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Twelve Principles of International Trade: Part 1
“Although it’s possible to imagine bizarre scenarios in which a country’s rising trade deficits might be evidence of economic decline, none of these scenarios is realistic in the case of the United States. American trade deficits are evidence of American economic health, at least relative to many other countries, rather than of economic hardship.” ~…
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Dr. Friedman Goes to South Africa
“Milton Friedman in South Africa is a fascinating product of one of Friedman’s ventures during a controversial time. It is worth reading for anyone interested in understanding Friedman specifically or what Andrei Shleifer called ‘The Age of Milton Friedman’ more generally.” ~ Art Carden
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The Hype Surrounding Environmental, Social, and Governance Investing
“The shares of ESG companies will get wicked expensive as more and more money piles into them. At that point, with the expectation of low returns on ESG and high ones on ‘wicked’ stocks, virtue investors and ESG fund managers will have to eat palpably lower returns or creatively reclassify ‘wicked’ companies to get higher…
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The Great Reset: Between Conspiracy and Wishful Thinking
“It is quite bizarre that we tend to divide the world between awful private interests and those who use glowing words. Perhaps glowing words can be aligned with some private interests too.” ~ Alberto Mingardi
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Don’t Confuse Free Markets with the Interventionist State
“The important task for those who value personal freedom, economic liberty and the free market economy is to disabuse our fellow citizens from thinking that what we have is a fully capitalist system, and to appreciate that what critics of capitalism call for and want in the form of even more and bigger government would…
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Communities in the Pandemic
“Are local communities self-organizing because politics is being unduly constrained, limited in its spending capacity, and disempowered, or are they self-organizing because, in spite of consuming more than a third of GDP (in England), governments are simply lacking the flexibility and the responsiveness to deal with people’s demands, particularly when they are new and when…
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Value Is What I Say It Is
“The disdain for private commerce pours through the pages of The Deficit Myth, but never so much so as when Kelton imagines the transition for a newly unemployed worker. Rather than ‘sort boxes at a private retailer,’ she says, the worker in her scheme will ‘perform a useful job in public service.’ Everything that’s wrong…
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What’s Wrong With Communism?
“Lenin famously said ‘you can’t make an omelet without breaking eggs.’ Alas, communist experiments have come and gone. They have left us with no omelets, only millions and millions of broken eggs.” ~ Art Carden
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The Value is In the Ideas
“Which desk and lamp recipes ‘win?’ It’s not the ones that require the most labor or the most savings. In the long run, it might not even be the ones that capture the imaginations of design aficionados. The winning recipes are the ones that get enough ‘votes’ in the form of the dollars people spend.”…
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•
The Passing of Esteemed Economist Walter Williams
“Today, now more than ever, it is men like Walter Williams who are sorely needed to protect the ideas of freedom and prosperity. His work and efforts have educated countless people from the latest generation of economic thinkers to the average citizen who are now better equipped to understand the world around them. Perhaps it…
-
•
Twelve Principles of International Trade: Part 1
“Although it’s possible to imagine bizarre scenarios in which a country’s rising trade deficits might be evidence of economic decline, none of these scenarios is realistic in the case of the United States. American trade deficits are evidence of American economic health, at least relative to many other countries, rather than of economic hardship.” ~…
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•
Dr. Friedman Goes to South Africa
“Milton Friedman in South Africa is a fascinating product of one of Friedman’s ventures during a controversial time. It is worth reading for anyone interested in understanding Friedman specifically or what Andrei Shleifer called ‘The Age of Milton Friedman’ more generally.” ~ Art Carden
-
•
The Hype Surrounding Environmental, Social, and Governance Investing
“The shares of ESG companies will get wicked expensive as more and more money piles into them. At that point, with the expectation of low returns on ESG and high ones on ‘wicked’ stocks, virtue investors and ESG fund managers will have to eat palpably lower returns or creatively reclassify ‘wicked’ companies to get higher…
-
•
The Great Reset: Between Conspiracy and Wishful Thinking
“It is quite bizarre that we tend to divide the world between awful private interests and those who use glowing words. Perhaps glowing words can be aligned with some private interests too.” ~ Alberto Mingardi
-
•
Don’t Confuse Free Markets with the Interventionist State
“The important task for those who value personal freedom, economic liberty and the free market economy is to disabuse our fellow citizens from thinking that what we have is a fully capitalist system, and to appreciate that what critics of capitalism call for and want in the form of even more and bigger government would…
-
•
Communities in the Pandemic
“Are local communities self-organizing because politics is being unduly constrained, limited in its spending capacity, and disempowered, or are they self-organizing because, in spite of consuming more than a third of GDP (in England), governments are simply lacking the flexibility and the responsiveness to deal with people’s demands, particularly when they are new and when…
-
•
Value Is What I Say It Is
“The disdain for private commerce pours through the pages of The Deficit Myth, but never so much so as when Kelton imagines the transition for a newly unemployed worker. Rather than ‘sort boxes at a private retailer,’ she says, the worker in her scheme will ‘perform a useful job in public service.’ Everything that’s wrong…
-
•
What’s Wrong With Communism?
“Lenin famously said ‘you can’t make an omelet without breaking eggs.’ Alas, communist experiments have come and gone. They have left us with no omelets, only millions and millions of broken eggs.” ~ Art Carden
-
•
The Value is In the Ideas
“Which desk and lamp recipes ‘win?’ It’s not the ones that require the most labor or the most savings. In the long run, it might not even be the ones that capture the imaginations of design aficionados. The winning recipes are the ones that get enough ‘votes’ in the form of the dollars people spend.”…