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“The paper of record in 2020 shifted dramatically to the most illiberal stance possible on the virus, pushing for full lockdowns, and ignoring or burying any information that might contradict the case for this unprecedented experiment in social and economic control. This article highlights the exceptions.” ~Jeffrey TuckerREAD MORE
“As Trenchard urged Britons in 1720, ‘Let mankind therefore learn experience from so many misfortunes, and bear no longer to hear the worst things called by the best names.’ Trenchard and Gordon’s Cato’s Letters provided ideals for the American Founders in claiming liberty. Three hundred years later, their wisdom can help us reclaim our own.” ~ Caroline BreashearsREAD MORE
“You need to make some truly heroic assumptions in order for discretionary monetary policy to outperform rule-bound policy. Rarely do any of those assumptions hold. Never do they all hold. If we want a well-functioning central bank, the best we can do is to have rules.” ~ Alexander W. SalterREAD MORE
“Like Adam Smith before him, Ronald Coase remains highly cited but still underrated. His ideas on transaction costs, rules, and organizations were influential, but as I wrote when he passed in 2013, ‘a few minutes with the ‘externalities’ section of almost any principles book, or a few seconds watching and listening to TV and radio discussions of environmental policy — suggests that it [“The Problem of Social Cost” specifically] is not influential enough.'” ~ Art CardenREAD MORE
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