Free Markets
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Making Sense of the Recession
“Unemployment, for good reason, lags the onset of recessions. And assuming that a widespread burst in employment categorically signifies optimism or portends a quick resumption of economic growth is simply unwarranted.” ~ Peter C. Earle
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Reich Strikes Out
“According to Reich, higher prices are due to the pandemic, which suppressed demand and created global supply chain problems, together with Russia’s invasion of Ukraine, China’s overzealous lockdown policies, and of course, capitalist greed.” ~ Robert F. Mulligan
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You’re Not Poor Because You Don’t Know David Brooks, You’re Poor Because You Don’t Know David Brooks
“Ultimately what Chetty has discovered, and that Brooks has cheered, is very bullish. The problem is that the discovery is not what either thinks it is. The American dream certainly lives, but only because individuals freely make decisions that correlate with the Dream.” ~ John Tamny
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The Government Shouldn’t Decide Who May Practice Law
“Legal licensure wouldn’t be a matter of concern if it were not backed up with the power to exclude and punish anyone who dares to compete with the guild.” ~ George Leef
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How Airline Regulations Hurt Passengers
“The DOT might think they’re helping, but they’re really not. Airline passengers are far better off when they, not bureaucrats, decide how airlines are run.” ~ Patrick Carroll
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Reflections Sparked by A New Jersey Turnpike Rest Area
“I’m confident that everyone at the New Jersey Turnpike rest area, if pressed to think seriously about this feature of the liberal market order as he or she surveyed fellow rest-area visitors, would heartily applaud.” ~ Donald J. Boudreaux
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Markets vs. Marxism and “Stakeholder Capitalism” | Samuel Gregg & Kate Wand (Video)
“Dr. Samuel Gregg and Kate Wand explore how government interventions such as protectionism and tariffs do not provide incentives to be creative and lead to higher prices, cronyism, and inefficiency.” ~ AIER
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The Lottery Life: Creating Lucky Housing Winners at the Expense of Everyone Else
“Inexpensive new housing can be built again if only the government will get out of the way. End the ‘Lottery Life’ in housing and watch market entrepreneurs do the rest.” ~ Raymond C. Niles
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Price Ceilings of $0
“Whatever particular objections might be raised to legalization of the likes of prostitution or the selling of transplantable body organs, clarity of thought is enhanced by recognizing that the prohibitions in question are really price ceilings of $0.” ~ Donald J. Boudreaux
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The FDA Is Funding and Approving Cigarettes
“Prohibiting vapes while increasing the number of reduced nicotine combustible cigarettes is as counterproductive as it is political. It doesn’t need to be.” ~ Mazen Saleh
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•
Making Sense of the Recession
“Unemployment, for good reason, lags the onset of recessions. And assuming that a widespread burst in employment categorically signifies optimism or portends a quick resumption of economic growth is simply unwarranted.” ~ Peter C. Earle
-
•
Reich Strikes Out
“According to Reich, higher prices are due to the pandemic, which suppressed demand and created global supply chain problems, together with Russia’s invasion of Ukraine, China’s overzealous lockdown policies, and of course, capitalist greed.” ~ Robert F. Mulligan
-
•
You’re Not Poor Because You Don’t Know David Brooks, You’re Poor Because You Don’t Know David Brooks
“Ultimately what Chetty has discovered, and that Brooks has cheered, is very bullish. The problem is that the discovery is not what either thinks it is. The American dream certainly lives, but only because individuals freely make decisions that correlate with the Dream.” ~ John Tamny
-
•
The Government Shouldn’t Decide Who May Practice Law
“Legal licensure wouldn’t be a matter of concern if it were not backed up with the power to exclude and punish anyone who dares to compete with the guild.” ~ George Leef
-
•
How Airline Regulations Hurt Passengers
“The DOT might think they’re helping, but they’re really not. Airline passengers are far better off when they, not bureaucrats, decide how airlines are run.” ~ Patrick Carroll
-
•
Reflections Sparked by A New Jersey Turnpike Rest Area
“I’m confident that everyone at the New Jersey Turnpike rest area, if pressed to think seriously about this feature of the liberal market order as he or she surveyed fellow rest-area visitors, would heartily applaud.” ~ Donald J. Boudreaux
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•
Markets vs. Marxism and “Stakeholder Capitalism” | Samuel Gregg & Kate Wand (Video)
“Dr. Samuel Gregg and Kate Wand explore how government interventions such as protectionism and tariffs do not provide incentives to be creative and lead to higher prices, cronyism, and inefficiency.” ~ AIER
-
•
The Lottery Life: Creating Lucky Housing Winners at the Expense of Everyone Else
“Inexpensive new housing can be built again if only the government will get out of the way. End the ‘Lottery Life’ in housing and watch market entrepreneurs do the rest.” ~ Raymond C. Niles
-
•
Price Ceilings of $0
“Whatever particular objections might be raised to legalization of the likes of prostitution or the selling of transplantable body organs, clarity of thought is enhanced by recognizing that the prohibitions in question are really price ceilings of $0.” ~ Donald J. Boudreaux
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•
The FDA Is Funding and Approving Cigarettes
“Prohibiting vapes while increasing the number of reduced nicotine combustible cigarettes is as counterproductive as it is political. It doesn’t need to be.” ~ Mazen Saleh