“This doesn’t require a thought experiment: people vote for capitalism and against socialism in droves by trying to move to freer and more prosperous countries. Socialists might have laudable goals like feeding, clothing, and sheltering everyone–and I agree with these–but I would no more suggest socialism to treat poverty and inequality than I would prescribe leeches, mercury, and bloodletting to treat cancer.” ~ Art Carden
READ MORE“The current apparatus of centralized data processing and storage is not only incapable of adequately handling the prerequisite needs of this digital society, but it might also turn it into a dystopia. What we need is a highly decentralized and efficient infrastructure that is impervious to manipulation. Blockchain technology seems to be the essential component to make the digitized society of the future a foundation for empowerment and growth rather than an Orwellian nightmare.” ~ Ethan Yang
READ MORE“Most of the contributors to this book are deceased so we are left to speculate about what their views toward Covid lockdowns would be. I suspect most if not all would be astonished and horrified at the policy choices of this past year. These writers were not technocrats but humane and learned thinkers who focused on philosophy, law, history and economics. A principle that unites them all is the need for government never to sacrifice the liberties of the people for the sake of a grand experiment in material perfectionism – a principle we can reasonably suppose applies to pathogenic perfection as well.” ~ Jeffrey Tucker
READ MORE“But the State is not a company, and McCloskey and Mingardi dismantle the theoretical errors of Professor Mazzucato, who, like many others, prefers to ignore the analysis of the nature and consequences of the fundamental characteristic of the State: the monopoly of legitimate coercion.” ~ Carlos Rodríguez Braun
READ MORE“The men and women of the new paternalist system would do well to step away from the chess-board and to consider that ‘in the great chess-board of human society, every single piece has a principle of motion of its own, altogether different from that which the legislature might chuse to impress upon it.’ In Escaping Paternalism, Rizzo and Whitman explain why.” ~ Art Carden
READ MORE“Why in the 21st century so many people have chosen to forget what we learned over the course of the 20th century is a true mystery. Fortunately, this book offers an elegant way back to recover our senses and pursue a more scientific approach to pandemics in the future.” ~ Jeffrey Tucker
READ MORE“These are three of what will be thousands of books that will be appearing in the coming years on these tragic times. I’m willing to wager that most of these books will severely condemn the policy decisions of the last year, just as these have done. There will be a reckoning. These books are an excellent start.” ~ Jeffrey Tucker
READ MORE“Dartnell’s lesson isn’t that geography determines, but that geography shapes. It set the ground rules for how the climate behaves, how the currents run and the winds blow, and along those rules all human history progressed. ‘The Earth,’ he appropriately ends, ‘shaped our history.'” ~ Joakim Book
READ MORE“It is entrepreneurs who form the foundation and operational unit of Austrian economics but sadly, their importance is slowly fading from mainstream economic analysis. Such a view of economics not only fails to acknowledge a basic tenet of the economy, but opens the door to a perception of society that merely views individuals as numbers and equations to be manipulated at will.” ~ Ethan Yang
READ MORE“Paine’s remarkably accurate and pithily expressed ideas about political economy can now be found in a convenient edition of his work, The Best of Thomas Paine, published by AIER and edited by yours truly.”~ Robert E. Wright
READ MORE“The US government’s debt is soaring like never before and promises to only bring economic stagnation if not outright disaster. Looking past Covid-19, we should strive to implement bold reforms to our costly but important entitlement programs to truly deliver on fiscal stability. These reforms may not be popular or easy but there is no doubt that they will be necessary.” ~ Ethan Yang
READ MORE“Judging by the many failed prophets of the past, neither are we this time doomed, from climate change or corporate takeovers or from cultural values and demographics deteriorating. That’s an explosively optimistic notion in a world otherwise flirting with madness.” ~ Joakim Book
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