Unlike the competition in games where some lose what the victors win, and unlike war where even the winner may lose more than he gains, freely competitive economic behavior enables each participant t.o gain the greatest possible reward by voluntarily cooperating
Government meddling in the auto industry has killed beauty, innovation, and passion; giving people their freedom to explore back is what will save it.
Some of the 262 million individuals that suffered from democide could have escaped their fates. More importantly, rulers faced with the possibility of exit would have been more reluctant to engage in democides in the first place.
Economics is a ubiquitous and conspicuous set of limits that cause everyone to buck up, cease our simpleton solipsism, face what’s true, become disciplined, get adaptable outside our embedded identity, live within our means, adopt solid values, and lead a good life.
Freedom goes down when tariff revenues go up. It’s high time we revisited the Declaration of Independence and renewed our commitment to freedom.
Consumer sentiment maintained a generally high level by historical comparison in early November.
The Federal Reserve is subsidizing the Treasury. The apparent trouble in overnight markets appears to have provided an excuse to quietly reengage in the now decade-old program of support.
It’s possible that bitcoin-as-game will stay popular for a very long time. And if it does, that could be a good thing.
The NCAA has opened the door to permitting student-athletes to get paid. That’s a good thing. There are still a lot of unanswered questions, but we shouldn’t let them get in the way of progress.
At best, the trade war promised to help those people at the expense of everyone else. In reality, we’re all so connected that such a destructive policy is bound to harm everyone.
Maybe it is time for one of our aspiring presidential candidates to refresh the health insurance debate.