baseball

Capitalism, Not Morality, Ended Baseball’s Color Line

– January 9, 2019

Baseball teams are judged on wins and losses, and firms in the marketplace are “judged” by profits and losses. Since performance is objective, there is far more pressure on participants to put aside their prejudices and personal preferences.

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closedmuseums

Sell the Smithsonian Museums Now

– January 3, 2019

The model of government ownership and management is an anachronism. Change the fundamentals. That way, we can look back at these days and say with confidence: we did good.

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nuclearpower

Who Is Afraid of Nuclear Power?

– January 2, 2019

If nuclear power is cheap, clean, and efficient, of course, that spells trouble for traditional fossil fuel producers and users.

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manhattan

The Glory of Manhattan

– December 16, 2018

Four million people, nearly all strangers to each other, are hurrying about to work and play, and doing so in ways that are remarkably orderly and productive — and all, of course, absent any overall design or direction.

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watrous

The Phenomenal Excellence of Bill Watrous

– December 15, 2018

His talent produced the music that became the soundtrack to my life. He never knew that. None of us know who we influence and how.

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Cubabldgcollapse1

Why Buildings are Collapsing in Cuba

– December 12, 2018

To save lives by ensuring that large-scale, sophisticated repairs for dilapidated buildings are swiftly and efficiently undertaken, the Cuban government must free the market for capital goods.

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rulesandregulations

More or Better Rules Will Not Save Us

– October 25, 2018

Society is much closer to a complex biological organism than to a matrix of engineering principles with explicit, contingent rules.

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vote-here-sign

Voting Is Not Self-Expression

– October 24, 2018

Voting may be many things, but the least of them is self-expression. Conceding the sufficiency of multi-billion dollar political contests among highly vetted, meticulously-coached candidates is a guaranteed road to self-negation.

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FBvideo

Advertisers, Press Furious at Facebook Over Its Video “Mistakes”

– October 24, 2018

As users have started losing confidence in Facebook after the firm’s decision to purge hundreds of popular pages from the platform, it will be only a matter of time until a strong competitor enters the picture.

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oldsears

The Economic Color Blindness of the Sears Catalog

– October 23, 2018

Sears played an important role in circumventing the institutionalized racial discrimination of the Jim Crow South.

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lettherebelight

Let There Be Light!

– October 22, 2018

Light, as we know it today, is a commodity. That would not have been possible without the institutional prerequisites — freedom to create, own, and exchange — that built the modernity we too often take for granted.

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mattressfirmarticle2

Why this Mattress Company Went Belly Up

– October 9, 2018

Historically, unsustainable debt service levels and distorted commercial decision-making are frequently precipitated by artificially low interest rates.

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