Daily Economy
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Wanted: Economic Literacy
“Economics is in a very real sense a way of thinking that is continuously enlightening to whomever masters that science. It is not about memorizing lemmas or models, or of learning technically sophisticated methods. It’s something much more fundamental: an understanding of how the world works.” ~ Per L. Bylund
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A Reflection on Bastiat’s “What Is Seen and What Is Not Seen”
“Why does human reason so readily reveal even to people untutored in economics some unseen but real consequences, while it routinely fails to reveal others?” ~ Donald. J. Boudreaux
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The Road to Serfdom is Paved by Conservatives
“While once at least paying lip service to limited government, fiscal prudence, and personal responsibility, conservatives now ignore the size of government and fiscal responsibility.” ~ Veronique de Rugy
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No, Hyperinflation Is Not Right Around the Corner
“The pursuit of sound money is more profitably directed at identifying profligate monetary policy measures, rather than the consequenceless prediction of extraordinary, and extraordinarily unlikely, outcomes.” ~ Peter C. Earle
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Why Workplace Skills Rather Than Leadership Strategies Should Be Prioritized in Higher Ed
“Clearly, the business realm is ever-evolving and this is why management strategies, as well as educational instruction, must change accordingly.” ~ Kimberlee Josephson
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The Venture Capitalist Approach to Being an Academic
“By diversifying their research, and working on multiple projects on new, different topics, venture academics have a chance to make a greater research contribution than if they were to work in traditional ways.”~ Michael J. Douma
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United Kingdom Data Show the U.S. Public Is Badly Served by the FDA
“The American public is badly served by the FDA’s incompetence, while the U.K. is actively acknowledging and embracing tobacco harm reduction. Adults who smoke in America deserve better than a regulatory agency that has lost sight of its prime purpose — saving lives, not petty politics.” ~ Martin Cullip
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Trust is Busted. Let’s Bust the Trust.
“If we don’t soon make such changes, brutal circumstances will make them for us. The technocrat’s machine has begun to sputter and stall. Let’s break up the monopoly. We will trust the institutions we build and use together.” ~ Max Borders
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Reason and the Freedom of Speech
“We should by all means distinguish between academic freedom and freedom of speech. But we should be very wary of those who wish to establish a basis for that distinction when they doubt the principled commitments to reason and truth that are both freedoms’ foundation.” ~ Joseph M. Knippenberg
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The Maldistribution of Wealth
“A system based on voluntary exchange is much more equitable than the system sought by progressives, who want to perpetuate and expand the maldistribution system where a small percentage of the population loots the rest under the guise of law.” ~ Robert E. Wright
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•
Wanted: Economic Literacy
“Economics is in a very real sense a way of thinking that is continuously enlightening to whomever masters that science. It is not about memorizing lemmas or models, or of learning technically sophisticated methods. It’s something much more fundamental: an understanding of how the world works.” ~ Per L. Bylund
-
•
A Reflection on Bastiat’s “What Is Seen and What Is Not Seen”
“Why does human reason so readily reveal even to people untutored in economics some unseen but real consequences, while it routinely fails to reveal others?” ~ Donald. J. Boudreaux
-
•
The Road to Serfdom is Paved by Conservatives
“While once at least paying lip service to limited government, fiscal prudence, and personal responsibility, conservatives now ignore the size of government and fiscal responsibility.” ~ Veronique de Rugy
-
•
No, Hyperinflation Is Not Right Around the Corner
“The pursuit of sound money is more profitably directed at identifying profligate monetary policy measures, rather than the consequenceless prediction of extraordinary, and extraordinarily unlikely, outcomes.” ~ Peter C. Earle
-
•
Why Workplace Skills Rather Than Leadership Strategies Should Be Prioritized in Higher Ed
“Clearly, the business realm is ever-evolving and this is why management strategies, as well as educational instruction, must change accordingly.” ~ Kimberlee Josephson
-
•
The Venture Capitalist Approach to Being an Academic
“By diversifying their research, and working on multiple projects on new, different topics, venture academics have a chance to make a greater research contribution than if they were to work in traditional ways.”~ Michael J. Douma
-
•
United Kingdom Data Show the U.S. Public Is Badly Served by the FDA
“The American public is badly served by the FDA’s incompetence, while the U.K. is actively acknowledging and embracing tobacco harm reduction. Adults who smoke in America deserve better than a regulatory agency that has lost sight of its prime purpose — saving lives, not petty politics.” ~ Martin Cullip
-
•
Trust is Busted. Let’s Bust the Trust.
“If we don’t soon make such changes, brutal circumstances will make them for us. The technocrat’s machine has begun to sputter and stall. Let’s break up the monopoly. We will trust the institutions we build and use together.” ~ Max Borders
-
•
Reason and the Freedom of Speech
“We should by all means distinguish between academic freedom and freedom of speech. But we should be very wary of those who wish to establish a basis for that distinction when they doubt the principled commitments to reason and truth that are both freedoms’ foundation.” ~ Joseph M. Knippenberg
-
•
The Maldistribution of Wealth
“A system based on voluntary exchange is much more equitable than the system sought by progressives, who want to perpetuate and expand the maldistribution system where a small percentage of the population loots the rest under the guise of law.” ~ Robert E. Wright