No, Keynes Did Not “Sit Out” the Debate on Eugenics

– December 4, 2020

“By politely sidestepping these issues in Keynes and other historical figures, we do a disservice to the past. Carter has unfortunately reduced Keynes’s eugenics to a subject that is best not spoken about, and on the rare occasion it is raised as Cowen’s interview did, something to be actively downplayed and dismissed.” ~ Phillip W. Magness

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I, Chaos: The Simple Anatomy of an Interventionist Snowball

– December 4, 2020

“Intervention tends to beget intervention, which tends to beget still further intervention. In the long run, we are all worse off than we would have been had we just been able to avoid getting the government involved in the first place.” ~ 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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Twelve Principles of International Trade: Part I

– December 3, 2020

“Although it’s possible to imagine bizarre scenarios in which a country’s rising trade deficits might be evidence of economic decline, none of these scenarios is realistic in the case of the United States. American trade deficits are evidence of American economic health, at least relative to many other countries, rather than of economic hardship.” ~ Donald J. Boudreaux

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Dr. Friedman Goes to South Africa

– December 3, 2020

“Milton Friedman in South Africa is a fascinating product of one of Friedman’s ventures during a controversial time. It is worth reading for anyone interested in understanding Friedman specifically or what Andrei Shleifer called ‘The Age of Milton Friedman’ more generally.” ~ Art Carden

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The Great Reset: Between Conspiracy and Wishful Thinking

– December 2, 2020

“It is quite bizarre that we tend to divide the world between awful private interests and those who use glowing words. Perhaps glowing words can be aligned with some private interests too.” ~ Alberto Mingardi

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Don’t Confuse Free Markets with the Interventionist State

– December 2, 2020

“The important task for those who value personal freedom, economic liberty and the free market economy is to disabuse our fellow citizens from thinking that what we have is a fully capitalist system, and to appreciate that what critics of capitalism call for and want in the form of even more and bigger government would only magnify the corrosive trends already in play in the modern world.” ~ Richard M. Ebeling

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Communities in the Pandemic

– December 1, 2020

“Are local communities self-organizing because politics is being unduly constrained, limited in its spending capacity, and disempowered, or are they self-organizing because, in spite of consuming more than a third of GDP (in England), governments are simply lacking the flexibility and the responsiveness to deal with people’s demands, particularly when they are new and when they are changing?” ~ Alberto Mingardi

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Value Is What I Say It Is

– November 30, 2020

“The disdain for private commerce pours through the pages of The Deficit Myth, but never so much so as when Kelton imagines the transition for a newly unemployed worker. Rather than ‘sort boxes at a private retailer,’ she says, the worker in her scheme will ‘perform a useful job in public service.’ Everything that’s wrong with the (left’s) modern overhaul of value theory is included in that sentence.” ~ Joakim Book

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What’s Wrong With Communism?

– November 30, 2020

“Lenin famously said ‘you can’t make an omelet without breaking eggs.’ Alas, communist experiments have come and gone. They have left us with no omelets, only millions and millions of broken eggs.” ~ Art Carden

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The Value is In the Ideas

– November 29, 2020

“Which desk and lamp recipes ‘win?’ It’s not the ones that require the most labor or the most savings. In the long run, it might not even be the ones that capture the imaginations of design aficionados. The winning recipes are the ones that get enough ‘votes’ in the form of the dollars people spend.” ~ Art Carden

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The Prospects for Global Trade under the New US Administration

– November 26, 2020

“At 78 years old it is generally expected that Joe Biden will be a one-term president, and this presents him with a golden opportunity to embrace reform in many areas of policy. He has been afforded the chance to leave a lasting legacy: an overhaul of the WTO is one such reform.” ~ Colin Lloyd

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