โข
The consumer surplus that we derive from buying water, and other items, is enormous, almost incalculable. The fact that all of these products, services, and useful things are available to us at low prices seems automatic, nothing very interesting or important. In fact, the capitalist system operating in the background is performing miracles of production,…
Eighty years after a remarkable colloquium in 1938, one that tried to assess the crisis of liberalism and what to do about it, the proceedings have finally been published. The results are tremendously revealing. The Walter Lippman Colloquium was indeed a seminal event that set the stage for the postwar liberal revival.
โข
There is no chance of finally censoring the future with any of the tools that molded the past. Itโs done, that great migration from a things-based economy regulated by the state to an idea-based economy regulated only by the choices of the individuals that make up society itself.
โข
The movement as it was known has been through ups and downs but it has finally settled on what Andrea knew all along. Liberty is a big tent with many iterations. Its roots are not in mass political organizing but in beautiful ideals and dreams of a freer world.
โข
No one created that muddy track; it is the result of individuals going where they want to go. But if enough people walk there, it wears out the grass and makes the ground hard and packed down. The โpathโ emerges, although no one planned it.
โข
Moral norms that served small bands of humans well 10,000 years ago โ share, cooperate, punish anyone who violates the rules โ are no longer very good at helping people navigate commercial society. Ask someone about price-gouging laws, or kidney sales, or generally talk about the role of price as an indispensable signal of scarcity.…
โข
This pillow is not only a tribute to good engineering and good sense; it is a credit to a commercial system that enables and rewards innovation in service of the better life.
โข
State and local governments donโt need any more of our money to feed their budgets through taxes, whether theyโre taken from online sales or not. We should be free to drop whatever we want into our virtual (or real) shopping carts in peace without government sweeping in to get a cut.
โข
Swift has used her celebrity and art to stand up to bullies, whether they be corporations or colleagues in the music industry. Sheโs also singing her way to the bank.
โข
That an asset or innovation is subject to scamery, pushed by grifters, invested in by the deluded and avaricious, does not mean it is not a good idea. You can observe the fallacy with any new discovery that has ever appeared in the history of humankind.
โข
The consumer surplus that we derive from buying water, and other items, is enormous, almost incalculable. The fact that all of these products, services, and useful things are available to us at low prices seems automatic, nothing very interesting or important. In fact, the capitalist system operating in the background is performing miracles of production,…
Eighty years after a remarkable colloquium in 1938, one that tried to assess the crisis of liberalism and what to do about it, the proceedings have finally been published. The results are tremendously revealing. The Walter Lippman Colloquium was indeed a seminal event that set the stage for the postwar liberal revival.
โข
There is no chance of finally censoring the future with any of the tools that molded the past. Itโs done, that great migration from a things-based economy regulated by the state to an idea-based economy regulated only by the choices of the individuals that make up society itself.
โข
The movement as it was known has been through ups and downs but it has finally settled on what Andrea knew all along. Liberty is a big tent with many iterations. Its roots are not in mass political organizing but in beautiful ideals and dreams of a freer world.
โข
No one created that muddy track; it is the result of individuals going where they want to go. But if enough people walk there, it wears out the grass and makes the ground hard and packed down. The โpathโ emerges, although no one planned it.
โข
Moral norms that served small bands of humans well 10,000 years ago โ share, cooperate, punish anyone who violates the rules โ are no longer very good at helping people navigate commercial society. Ask someone about price-gouging laws, or kidney sales, or generally talk about the role of price as an indispensable signal of scarcity.…
โข
This pillow is not only a tribute to good engineering and good sense; it is a credit to a commercial system that enables and rewards innovation in service of the better life.
โข
State and local governments donโt need any more of our money to feed their budgets through taxes, whether theyโre taken from online sales or not. We should be free to drop whatever we want into our virtual (or real) shopping carts in peace without government sweeping in to get a cut.
โข
Swift has used her celebrity and art to stand up to bullies, whether they be corporations or colleagues in the music industry. Sheโs also singing her way to the bank.
โข
That an asset or innovation is subject to scamery, pushed by grifters, invested in by the deluded and avaricious, does not mean it is not a good idea. You can observe the fallacy with any new discovery that has ever appeared in the history of humankind.
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