Tuesday, June 11, 2024
Government Failure in One Lesson
Government Failure in One Lesson: "Perhaps the easiest way to explain government failure in one lesson is to remember that there is no such thing as 'the state.' Instead, essential decisions about resource use will be made by political actors." ~Michael Munger
Wednesday, June 05, 2024
When Prosperity Is All They Know
Our Kids Have No Economic Immune Systems: "Kids are told they can do anything, that they are personally mighty and important. But they never have the experience of everyday effort and failure." ~Michael Munger
Monday, May 20, 2024
Biden’s Gutlessness And The ICC
It’s official: Biden is weak and evil: Earlier today, I wrote two posts. One was about the fact that the morally corrupt International Criminal Court (“ICC”) had indicted Israel’s leaders for war crimes. The other was about the fact that the world’s evil actors hav...
Friday, May 17, 2024
Wealth Of Stupid Economic Thinking
When Ideological Bubbles Trump Economic Thinking: "That a Nobel Prize-winning economist can hold these naïve views and fail to use simple economic reasoning should give us pause about how ideology and echo chambers can dull our reasoning." ~Paul Mueller
Wednesday, April 17, 2024
Thursday, April 04, 2024
Stimulus Spending Doesn’t Work Despite Excuses
Did Government Red Ink Make the US More Dynamic than Europe?: "The new 'reshuffling' thesis of American recovery doesn’t make much sense on the evidence. It serves a convenient political purpose, helping to justify massive federal stimulus." ~Jason Sorens
Tuesday, March 05, 2024
Cherry-Piketty Data
Cherry-Piketty Data: "Whether the distribution is problematic and calls for correction is one question, but measuring the extent of inequality and whether it is getting worse is an entirely different issue." ~Robert Mulligan
Monday, February 26, 2024
Income Inequality Rightly Understood
Income Inequality Rightly Understood: "Any discussion of income inequality that fails to address whether the source added value for others or simply extracted unearned rents, is not merely incomplete, but misleading." ~Robert Mulligan
Friday, February 16, 2024
Tuesday, February 13, 2024
Sunday, February 11, 2024
Friday, February 02, 2024
The Fraud Virtue Of Taxation
Not a Very Virtuous Virtue Signal: "Calling the extraction of resources from one group to give to others an investment, rather than wealth redistribution that reduces others claims on their own property, is a massive misrepresentation." ~Gary M. Galles
Thursday, February 01, 2024
Milei Proves That Ideas Matter
Milei Proves That Ideas Matter: "Rather than the thin gruel of economic grievance offered by American right-wing populists, Milei’s policies are built on his vast knowledge of sound and successful, albeit politically unpopular, economic thinking." ~ G. Patrick Lynch
Wednesday, January 24, 2024
Tuesday, January 23, 2024
Fallacies as Economic Disinformation
Profits Do Not Cause Inflation: Causal Fallacies as Economic Disinformation: "Fortunately, the idea that thousands of businesses have colluded to raise prices, boosting their profit margins and engineering the inflation that continues to afflict Americans, is easily disproven." ~Peter C. Earle
Saturday, January 20, 2024
Wednesday, January 03, 2024
Unions Serve No Good But Biden Fights For Them Anyway
As Some Workers Try to Free Themselves from Unionization, Biden Officials Try to Dragoon More In: "This case is destined for the Supreme Court, which might take another look at the constitutionality of compulsory unionism. The Court might even decide that the freedom to decide whether you want someone else acting as your representative is a fundamental right." ~George Leef
Subscribe to:
Posts (Atom)