Free Markets
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Tyrannies of Hyperreality
“Outsourcing our problems to distant capitals has always gotten us into bigger problems. So the lesson here is not just about hyperreality. We must start to decentralize. Localize. Self-organize.” ~ Max Borders
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Why Studying Economics Requires Curiosity
“Studying economics requires curiosity because economics is about providing answers to social mysteries, not about condemning or praising social interaction. To make this point is to suggest that curiosity’s close intellectual cousin—humility—is also crucial to the economist’s task.” ~ Caleb S. Fuller
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Make America Free Again (MAFA)
“The policy path to MAFA is clear, deregulate everything from Amtrak to monetary policy, while reinvigorating the Third Sector (nonprofits) and forming a Ministry of Truth to police all claims, and only claims, made by governments, government officials, and politicians.” ~ Robert E. Wright
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Assessing Risks Accurately Requires Accurate Information
“Each of us in our private lives has strong incentives to make these assessments correctly, for if we don’t, we personally suffer. Politicians and bureaucrats, in contrast, not only do not personally suffer if they impose excessive precautions, they are often lauded for doing so.” ~ Donald J. Boudreaux
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Leave Me Alone and I’ll Make You Rich, Part 2
“If liberal society is to be preserved, there is no time to lose in attempting to shore up its philosophical foundations. Leave Me Alone is an estimable effort at doing that.” ~ George Leef
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Understanding “Underpaid” Workers
“Money ultimately comes from employees’ pockets, but they blame their employers instead of the government for reducing what they take home as a result. When workers say ‘I was robbed,’ they may be correct–but they finger the wrong suspect.” ~ Gary M. Galles
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There Ought To Be a Law, or at Least a Regulation.
“When the busybodies at the FDA picture the impacts of their new regulations, they imagine that these interventions will save lives, reduce health consequences, and protect Americans. They imagine only the results they want, not the way people actually behave.” ~ Laura Williams
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Free Riding, Expressive Voting and Charity
“To the extent the free-rider problem does arise, it is true that government intervention can change how much charity is provided. But that does not mean the result is closer to what we ‘really want’ to give than what we actually give.” ~ Gary M. Galles
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Four Amazing Differences
“What causes the great and overwhelmingly successful coordination across the globe of the productive efforts of billions of strangers? And why is this coordination so silent and incessant that we take it for granted? We hardly notice it.” ~ Donald J. Boudreaux
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The Perpetual Tragedy of New York’s Rent Control
“If the city keeps reducing real rents by capping increases below the inflation rate (as it is doing now), and if inflation continues for more than a few years, we will see building abandonments once again.” ~ Raymond C. Niles
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•
Tyrannies of Hyperreality
“Outsourcing our problems to distant capitals has always gotten us into bigger problems. So the lesson here is not just about hyperreality. We must start to decentralize. Localize. Self-organize.” ~ Max Borders
-
•
Why Studying Economics Requires Curiosity
“Studying economics requires curiosity because economics is about providing answers to social mysteries, not about condemning or praising social interaction. To make this point is to suggest that curiosity’s close intellectual cousin—humility—is also crucial to the economist’s task.” ~ Caleb S. Fuller
-
•
Make America Free Again (MAFA)
“The policy path to MAFA is clear, deregulate everything from Amtrak to monetary policy, while reinvigorating the Third Sector (nonprofits) and forming a Ministry of Truth to police all claims, and only claims, made by governments, government officials, and politicians.” ~ Robert E. Wright
-
•
Assessing Risks Accurately Requires Accurate Information
“Each of us in our private lives has strong incentives to make these assessments correctly, for if we don’t, we personally suffer. Politicians and bureaucrats, in contrast, not only do not personally suffer if they impose excessive precautions, they are often lauded for doing so.” ~ Donald J. Boudreaux
-
•
Leave Me Alone and I’ll Make You Rich, Part 2
“If liberal society is to be preserved, there is no time to lose in attempting to shore up its philosophical foundations. Leave Me Alone is an estimable effort at doing that.” ~ George Leef
-
•
Understanding “Underpaid” Workers
“Money ultimately comes from employees’ pockets, but they blame their employers instead of the government for reducing what they take home as a result. When workers say ‘I was robbed,’ they may be correct–but they finger the wrong suspect.” ~ Gary M. Galles
-
•
There Ought To Be a Law, or at Least a Regulation.
“When the busybodies at the FDA picture the impacts of their new regulations, they imagine that these interventions will save lives, reduce health consequences, and protect Americans. They imagine only the results they want, not the way people actually behave.” ~ Laura Williams
-
•
Free Riding, Expressive Voting and Charity
“To the extent the free-rider problem does arise, it is true that government intervention can change how much charity is provided. But that does not mean the result is closer to what we ‘really want’ to give than what we actually give.” ~ Gary M. Galles
-
•
Four Amazing Differences
“What causes the great and overwhelmingly successful coordination across the globe of the productive efforts of billions of strangers? And why is this coordination so silent and incessant that we take it for granted? We hardly notice it.” ~ Donald J. Boudreaux
-
•
The Perpetual Tragedy of New York’s Rent Control
“If the city keeps reducing real rents by capping increases below the inflation rate (as it is doing now), and if inflation continues for more than a few years, we will see building abandonments once again.” ~ Raymond C. Niles