Check Your Economic Hubris
“No matter how glorious it was for Icarus to fly and how well he thought he could do it, reality has a way of punishing excessive hubris.” ~Joakim Book
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“No matter how glorious it was for Icarus to fly and how well he thought he could do it, reality has a way of punishing excessive hubris.” ~Joakim Book
“While the SEC’s long-overdue approval of a Bitcoin spot ETF deserves a bit of celebration, watch out for what’s next. The state apparatus will increasingly treat Bitcoin as a regulated financial product.” ~Emile Phaneuf III
“Unfortunately, ESG experts and government officials are convinced that they already know the answers to these questions and simply need to redirect massive resources accordingly. But if they are wrong, we will all suffer.” ~Paul Mueller
“Ten months from now, there’s a high likelihood Biden and Trump could go head-to-head again for the presidency, especially after the results from the Iowa caucus. But voters should be informed about the effects of their policies on key issues like immigration, inflation, and wages.” ~Vance Ginn
“The immutable laws of markets enabled Montgomery’s black community to use the withholding of bus fares through the organized boycott to effectively turn the city bus company into an ally for legal reform.” ~Blake Ball
“The strategy aimed at shaping collective consciousness seems to have backfired, as the population, witnessing the institutional embrace of socialist ideologies, lost faith in the very institutions ostensibly meant to guide them.” ~Paul Schwennesen
“Printing mass amounts of money cannot solve the problem of scarcity. This fundamental economic reality, that we have limited resources and limitless wants, seems lost on Kelton.” ~Jon Miltimore
“The main story being told around the line-item veto focuses on congressional special interests. But Presidents have plenty of special interests, too.” ~Gary M. Galles
“If each country specializes in its comparative advantage and trades with the other, the people of both countries gain.” ~Donald J. Boudreaux
“Someone who designs a better salad bar or who lays out a better floor plan for a grocery store might not think he’s feeding the poor, clothing the naked, or fighting food insecurity. But he is.” ~Art Carden
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