In Memoriam: Walter E. Williams, 1936-2020

– December 5, 2020

“Williams was a towering intellect who made the economic way of thinking come alive to generations of undergraduates, graduate students, readers, and anyone who would listen. He suffered no fools, which incidentally appears as the title of the 2014 Free to Choose Network documentary on his life and work. To adapt an African proverb, the best time to start reading Walter Williams’ work is twenty years ago. The second best time is right now.” ~ Art Carden

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The Passing of Esteemed Economist Walter Williams

– December 3, 2020

“Today, now more than ever, it is men like Walter Williams who are sorely needed to protect the ideas of freedom and prosperity. His work and efforts have educated countless people from the latest generation of economic thinkers to the average citizen who are now better equipped to understand the world around them. Perhaps it was his intention that through his tireless efforts he will have inspired countless more to pick up where he left off. If that was the case, I think he would be pleased to know he has succeeded.” ~ Ethan Yang

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If Trump Were Serious About Making America Great Again, He Would Have Done This

– November 20, 2020

“If Trump is serious about making America Great Again, he will, on his way out, do the right thing and make sure Santa Claus never threatens our airspace or our borders ever again.” ~ Art Carden

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Not the “Entrepreneurial State”

– November 2, 2020

“Mazzucato describes herself as a fighter in a ‘discursive battle.’ Indeed. But if she wins the ‘battle’ in people’s minds about how innovation and markets work, we will retreat from the Great Enrichment, 1800 to the present, and the bettering of the wretched of the earth. Let’s not.” ~ “Deirdre Nansen McCloskey & Alberto Mingardi

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Unmasking Paul Krugman’s Misrepresentation of Ayn Rand

– October 28, 2020

“Ayn Rand’s way of individual freedom and free markets, at the end of the day, is the better one to be concerned about for saving lives in the face of the coronavirus, while the real killer in all this has been and is the misguided and harmful political paternalism for which Paul Krugman keeps so deeply yearning.” ~ Richard M. Ebeling

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Walmart’s “Buy American” Commitment Won’t Make America Great Again

– October 26, 2020

“In its almost sixty years of existence, Walmart has revolutionized American retail and raised American standards of living by innovating in shipping, selling, and shopping. They certainly have the potential to continue doing so–but paying extra for stuff just because it was produced in the United States won’t help them or their customers in the long run.” ~ Art Carden

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A Much Needed Reminder About Life in the Soviet Union: The Strange World of Ivan Ivanov

– October 14, 2020

“The book reminds us why such principles are so important and highlight the drastic extremes humans are capable of. The extent of which we are capable of creating a society characterized by freedom and prosperity or arbitrary domination and despair. In times like these, with freedom under siege from every angle, a book like this is badly needed. If not to remind us of where authoritarianism will take us, to show us how precious our liberty is.” ~ Ethan Yang

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Woke Financial Crisis Part Deux

– October 9, 2020

“Ideologues can claim that mathematics is merely a human construct but there really is a real world out there. It has bitten us in the keister before and appears poised to do so again, just for ignoring it. Maybe we should all wake up.” ~ Robert E. Wright

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beautiful

The Formula for a Richer World? Equality, Liberty, Justice.

– October 3, 2020

“Ideas are not all sweet, of course. Fascism, racism, eugenics, and nationalism are ideas with alarming recent popularity. But sweet practical ideas for profitable technologies and institutions, and the liberal idea that allowed ordinary people for the first time to have a go, caused the Great Enrichment. We need to inspirit masses of people, not the elite, who are plenty inspirited already. Equality before the law and equality of social dignity are still the root of economic, as well as spiritual, flourishing—whatever tyrants may think to the contrary.” ~ Deirdre McCloskey

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Milton Friedman and the New Attack on Freedom to Choose

– September 22, 2020

“If the paternalistic policies and the ideological arrogance and intolerance behind these counterrevolutionaries against freedom and the free market fully prevail, the liberty that we still possess will be even more greatly curtailed than at present, as those who call for the ‘social responsibility’ of business restrict our remaining freedom to choose.” ~ Richard M. Ebeling

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Should Scott Atlas Sue His Detractors?

– September 20, 2020

” Scott Atlas has a strong case that his old colleagues played fast and loose with his professional reputation for purely political reasons. If the courts get involved and decide against the signers of this document, I won’t shed too many tears for their free speech rights: after all, the upshot of their letter is to lend their professional reputations to violating everyone’s right in the name of disease mitigation, and cover up their political motivations with the veneer of science.” ~ Jeffrey Tucker

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A Comment on the New History of Capitalism

– September 18, 2020

“Much of the current debate revolves around an emergent historiographical school. Usually referred to as the ‘New History of Capitalism’ (NHC), this school has produced a sizable body of research contending that the institution of slavery was a central building block of American capitalism. At the same time however, the NHC literature has come under intense criticism from economic historians who have long studied the same subject, and who question both its use of evidence and its conclusions.” ~ Phillip W. Magness

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