The Costly but Deliberate U.S. Labor Shortage

– September 28, 2021

“Today’s U.S. labor shortage is both uneconomic and unnecessary, yet nonetheless what appears to be a deliberate policy aim. Sadly, the same can be said about a wide range of other anti-capitalist policies being advanced by the Biden administration.” ~ Richard M. Salsman

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Nutzenschmerz

– September 27, 2021

“Only a society afflicted with severe Nutzenschmerz would choose a system where even the neediest are harmed, to ensure that no one else gets an arbitrary or undeserved benefit.” ~ Michael Munger

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Biden’s Tax Plan Is a Middle-Class Death Tax Dressed as a Capital Gains Tax on the Rich

– September 27, 2021

“Say what they will about using the tax code to reduce income inequality, the fact is that multi-trillion dollar deficits have made politicians desperate for new sources of tax revenue. And, having eaten the rich, they’re now turning their eyes to the middle class.” ~ James R. Harrigan & Antony Davies

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Review of Sheilagh Ogilvie, The European Guilds: An Economic Analysis

– September 26, 2021

“With The European Guilds, Ogilvie has written the definitive treatment of the subject. It is a book that every economist and historian should know about, and I expect it to be the standard work on the topic for many years to come.” ~ Art Carden

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The Enduring Relevance of Mises and Hayek’s Critique of Socialism

– September 25, 2021

“The fact that the market, thankfully, is so robust as not to grind to a halt at the slightest provocation ought not be mistaken as evidence that government interventions into the economy are harmless unless and until they begin to resemble full-on socialism.” ~ Donald J. Boudreaux

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There’s No Such Thing as “Market Fundamentalism”

– September 24, 2021

“Minds Wide Shut provides a worthwhile introduction, but it calls for much more work. I would suggest to Morson and Schapiro that they revise the book to focus on true fundamentalist thinking and leave out their misleading and ill-conceived attack on ‘market fundamentalism.'” ~ George Leef

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Corporate Welfare: Where’s the Outrage? A Review

– September 24, 2021

“The majority of corporate welfare policies appear to remove resources from local populations and via cronyism, politicians try to insulate themselves from the loss of those benefits by removing community members from the decision process.” ~ David Waugh

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Breaking News: Unrealized Capital Gains are Not Taxed

– September 23, 2021

“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson

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America’s Fiscal History: From Liberty to Paternalism

– September 23, 2021

“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling

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What Is Money, Anyway?

– September 22, 2021

“Rather than it being evil, it should deserve respect since it lays claim to the production of goods and services that do not yet exist. Even more boldly, when earned non-fraudulently, money represents a debt society owes you.” ~ David Gillette

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Economics and the Picture Show

– September 22, 2021

“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon

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That’s None of Your Business, Actually

– September 20, 2021

“For what purposes may societies condone the use of violent force? The answer is many fewer than most people presently believe. Because most things are simply none of the government’s business.” ~ Joakim Book

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