Free Markets
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Responsible Budgeting Corrects Bipartisan Overspending Crisis
“The negotiations around raising the debt ceiling should be that opportunity to provide fiscal sanity. If not, we will have more costly consequences that Americans can’t afford.” ~ Vance Ginn
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Why Austrian Economists Are Not Employed as Policy Advisers
“The problem is not so much our reliance on economics as our reliance on politics. Politics insists that we must pretend to believe in the fiction of central direction of markets as effective policy.” ~ Michael C. Munger
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Modern Economics and What the Buddha Taught
“At its root, economic self-interest means taking responsibility for one’s own survival and material well-being; it means taking care of oneself so as not to burden society, which lays the foundation for a happiness based on achievement and self-worth.” ~ Robert Edward Gordon
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Biden’s Industrial Policy Flop
“Biden’s industrial flop will disrupt entrepreneurial activity and hobble the American economy. We should learn the lessons of the past and accept, once and for all, that industrial policy doesn’t work, no matter how much we will it.” ~ Michael N. Peterson
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Forging Modernity or Freedom?
“Forging Modernity is an excellent example of old-school economic history, rich in detail and fine reading on a cold winter night, huddled together with loved ones for warmth, thanks to war, inflation, and plummeting economic freedom.” ~ Robert E. Wright
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Seek Symmetry
“A better approach is to ensure that employers and employees are on equal footing when it comes to job mobility and competition, by requiring that the terms of the noncompete apply equally to both the company’s and the employee’s competitors.” ~ Antony Davies
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The 1619 Project’s Confusion on Capitalism
“A pervasive sense of confusion characterizes Hulu’s new 1619 Project episode on ‘capitalism,’ beginning with the basic definition of its titular term.” ~ Phillip W. Magness
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ESG: What Bureaucrats and Buyers Want but the World Doesn’t Need
“Although criticisms of ESG are on the rise, a pivot in portfolio management back to frameworks focused on corporate growth rather than cause-related ones seems unlikely. Both buyers and bureaucrats are to blame.” ~ Kimberlee Josephson
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The Thin Line Between Tribalism and Human Flourishing
“Current politicians, educators, and others encourage Americans to adopt tribal identities. It ended badly in Cyprus. The outcome of tribalist mindsets dividing Americans may differ only in degree.” ~ Barry Brownstein
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Recessions and Economic Freedom
“This global retreat in economic freedom is worrisome. It means that economic crises are going to be longer and more painful. Thus, they are more likely to result in political backlash. Defenders of economic freedom should bear this in mind when they emphasize how important that freedom is.” ~ Vincent Geloso
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•
Responsible Budgeting Corrects Bipartisan Overspending Crisis
“The negotiations around raising the debt ceiling should be that opportunity to provide fiscal sanity. If not, we will have more costly consequences that Americans can’t afford.” ~ Vance Ginn
-
•
Why Austrian Economists Are Not Employed as Policy Advisers
“The problem is not so much our reliance on economics as our reliance on politics. Politics insists that we must pretend to believe in the fiction of central direction of markets as effective policy.” ~ Michael C. Munger
-
•
Modern Economics and What the Buddha Taught
“At its root, economic self-interest means taking responsibility for one’s own survival and material well-being; it means taking care of oneself so as not to burden society, which lays the foundation for a happiness based on achievement and self-worth.” ~ Robert Edward Gordon
-
•
Biden’s Industrial Policy Flop
“Biden’s industrial flop will disrupt entrepreneurial activity and hobble the American economy. We should learn the lessons of the past and accept, once and for all, that industrial policy doesn’t work, no matter how much we will it.” ~ Michael N. Peterson
-
•
Forging Modernity or Freedom?
“Forging Modernity is an excellent example of old-school economic history, rich in detail and fine reading on a cold winter night, huddled together with loved ones for warmth, thanks to war, inflation, and plummeting economic freedom.” ~ Robert E. Wright
-
•
Seek Symmetry
“A better approach is to ensure that employers and employees are on equal footing when it comes to job mobility and competition, by requiring that the terms of the noncompete apply equally to both the company’s and the employee’s competitors.” ~ Antony Davies
-
•
The 1619 Project’s Confusion on Capitalism
“A pervasive sense of confusion characterizes Hulu’s new 1619 Project episode on ‘capitalism,’ beginning with the basic definition of its titular term.” ~ Phillip W. Magness
-
•
ESG: What Bureaucrats and Buyers Want but the World Doesn’t Need
“Although criticisms of ESG are on the rise, a pivot in portfolio management back to frameworks focused on corporate growth rather than cause-related ones seems unlikely. Both buyers and bureaucrats are to blame.” ~ Kimberlee Josephson
-
•
The Thin Line Between Tribalism and Human Flourishing
“Current politicians, educators, and others encourage Americans to adopt tribal identities. It ended badly in Cyprus. The outcome of tribalist mindsets dividing Americans may differ only in degree.” ~ Barry Brownstein
-
•
Recessions and Economic Freedom
“This global retreat in economic freedom is worrisome. It means that economic crises are going to be longer and more painful. Thus, they are more likely to result in political backlash. Defenders of economic freedom should bear this in mind when they emphasize how important that freedom is.” ~ Vincent Geloso