Entrepreneurship
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Breaking the Shackles of Socialism in Africa
“A new generation of Africans (Wade labels them the Cheetah Generation) are rejecting socialism and embracing entrepreneurship and markets as the path to human flourishing.” ~Marcus Witcher
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Commoditizing Excess Capacity
“If all the cars, and apartments, have people using them, and all the tools have people making things with them, we will need far fewer of those things. We have ‘enough’ stuff, it’s just in the closet.” ~Michael Munger
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Proletarian Capitalism
“Simply by repurposing existing personal property, Uber, Airbnb, and other sharing-economy innovations enlarge humanity’s stock of productive capital. And in doing so, these innovations also create more capitalists.” ~Donald J. Boudreaux
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Income Inequality Rightly Understood
“Any discussion of income inequality that fails to address whether the source added value for others or simply extracted unearned rents, is not merely incomplete, but misleading.” ~Robert Mulligan
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Create Wealth Without Making Anything
“Sellers at vintage markets and flea malls are creating value every bit as much as their friends and neighbors working in the coal mines or in the mills. They’re transforming lower-value assets to higher-value uses.” ~Art Carden
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Unseen Innovation
“An individual innovation is small, minuscule even. But it’s real and it improves our standard of living. Yet how many of you have noticed it? Almost none. The market, therefore, gets no credit for it.” ~Donald J. Boudreaux
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You Are Making a Difference. You Just Have To Know How to Look At It.
“Someone who designs a better salad bar or who lays out a better floor plan for a grocery store might not think he’s feeding the poor, clothing the naked, or fighting food insecurity. But he is.” ~Art Carden
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Please Stop Helping Me! A Homeless Economist Faces Unintended Consequences
“Any decent student in a micro-principles class can tell you that interventions have unintended consequences. Here are some of the ‘protections’ from which I am suffering.” ~Nikolai Wenzel
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Jimmy Buffett and the Bourgeois Virtues
“I often find myself lost in the cosmos, as a professor who actually wants to teach, while the thundering herds of unprepared students and compliant administrators have given up on education.” ~Nikolai G. Wenzel
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A Profound Misdiagnosis of American Transit
“We don’t need a resurgence of government spending on research and development to get more innovation in our transit systems. We just need governments to get out of the way!” ~Paul Mueller
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Breaking the Shackles of Socialism in Africa
“A new generation of Africans (Wade labels them the Cheetah Generation) are rejecting socialism and embracing entrepreneurship and markets as the path to human flourishing.” ~Marcus Witcher
-
•
Commoditizing Excess Capacity
“If all the cars, and apartments, have people using them, and all the tools have people making things with them, we will need far fewer of those things. We have ‘enough’ stuff, it’s just in the closet.” ~Michael Munger
-
•
Proletarian Capitalism
“Simply by repurposing existing personal property, Uber, Airbnb, and other sharing-economy innovations enlarge humanity’s stock of productive capital. And in doing so, these innovations also create more capitalists.” ~Donald J. Boudreaux
-
•
Income Inequality Rightly Understood
“Any discussion of income inequality that fails to address whether the source added value for others or simply extracted unearned rents, is not merely incomplete, but misleading.” ~Robert Mulligan
-
•
Create Wealth Without Making Anything
“Sellers at vintage markets and flea malls are creating value every bit as much as their friends and neighbors working in the coal mines or in the mills. They’re transforming lower-value assets to higher-value uses.” ~Art Carden
-
•
Unseen Innovation
“An individual innovation is small, minuscule even. But it’s real and it improves our standard of living. Yet how many of you have noticed it? Almost none. The market, therefore, gets no credit for it.” ~Donald J. Boudreaux
-
•
You Are Making a Difference. You Just Have To Know How to Look At It.
“Someone who designs a better salad bar or who lays out a better floor plan for a grocery store might not think he’s feeding the poor, clothing the naked, or fighting food insecurity. But he is.” ~Art Carden
-
•
Please Stop Helping Me! A Homeless Economist Faces Unintended Consequences
“Any decent student in a micro-principles class can tell you that interventions have unintended consequences. Here are some of the ‘protections’ from which I am suffering.” ~Nikolai Wenzel
-
•
Jimmy Buffett and the Bourgeois Virtues
“I often find myself lost in the cosmos, as a professor who actually wants to teach, while the thundering herds of unprepared students and compliant administrators have given up on education.” ~Nikolai G. Wenzel
-
•
A Profound Misdiagnosis of American Transit
“We don’t need a resurgence of government spending on research and development to get more innovation in our transit systems. We just need governments to get out of the way!” ~Paul Mueller