Pornhub: Victim of Visa and Mastercard Censorship or Money Laundering Risk?

– December 19, 2020

“Pornhub’s deplatforming is so controversial, in part, because it appears to be arbitrary. It was the New York Times that ultimately served as the fuse, not Visa or Mastercard internal checks.” ~ J.P. Koning

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The Nanny State Comes for Robinhood

– December 18, 2020

“Massachusetts’ regulatory intentions for Robinhood not only demonstrate a high level of disregard for the decision-making abilities of its citizens, but also a failure to understand the entity it seeks to regulate. The ongoing attempts to place onerous regulations on innovative companies like Robinhood in the name of the public interest are not only misinformed but they will likely leave us worse off.” ~ Ethan Yang

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The Return of the Trickle-Down Ruse

– December 16, 2020

“‘Trickle-down economics’ is neither an economic theory, policy, or outcome; better economic thought, not platitudes, are needed.” ~ Peter C. Earle

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Did State Reopenings (and Closings) Have Little Effect on Spending?

– December 16, 2020

“Vaccines alone cannot thaw frozen state economies unless and until they in some way encourage governors to reopen. If any lockdown-prone governors do reconsider their orders, there is a distinguished team of Ivy League economists who stand ready to advise that reopening closed economies could make little “immediate” difference. That would be terrible advice.” ~ Alan Reynolds

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The State Negative Externality Problem

– December 16, 2020

“A smart, strong, John Marshall-type chief justice, as opposed to a weasley Taney-like one, would have used the Texas case to clarify the problem of state negative externalities vis-a-vis presidential elections. How many state and federal laws and constitutions can be violated before somebody has the authority to do something about it, and what, precisely, can be done?” ~ Robert E. Wright

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The Rescue From Madness

– December 15, 2020

“With governments around the Covid world suspending everything that people value, we suddenly warped society. Truth-speakers are only listened to if they are politically expedient. We impaired the workings of a free society, voluntarily, for a promise that someone, somewhere might not catch the flu.” ~ Joakim Book

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The Bureaucratic Deal Got Us Into This Mess. The Bourgeois Deal Will Get Us Out

– December 11, 2020

“When our children and grandchildren look back on 2020, I hope they see how much of it probably could have been avoided had we embraced the Bourgeois Deal rather than the Bureaucratic Deal in the face of Covid-19. A lot more people probably would have lived to tell about it. Or better yet, had vaccines been distributed earlier, they might not have a pandemic to look back on.” ~ Art Carden

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HeterosKedasticity or HeterosCedasticity, That Is the Question

– December 10, 2020

“The deviation of the real world from normal gives opportunity for improvement, if we are able to take advantage of positive deviations and minimize the harm of negative deviations. If we can do that, things don’t average out. Progress can come out of the filtering of randomness. Our worth, as individuals, comes not merely how we are similar to others, but to how we are different.” ~ Clifford F. Thies

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“We Hadn’t Really Thought Through the Economic Impacts” ~ Melinda Gates

– December 9, 2020

“The authors of the Great Barrington Declaration never had any doubt that eventually most everyone would come to see that the traditional principles of public health prevail over the previously untested and now failed policy of lockdowns.” ~Jeffrey A. Tucker

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The Biggest Janet Yellen Red Flag Is George Akerlof

– December 9, 2020

“While Yellen is surely smart in the book sense, there’s absolutely nothing remarkable about her economic knowledge. In truth, her ideology is very unoriginal, and is rooted in the hard-to-credit view that economic growth can be engineered via the forced redistribution of wealth from producers to consumers.” ~ John Tamny

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Covid Policies Have Caused Industrial Consolidation

– December 9, 2020

“Lockdowns have increased inequality, concentrated wealth, and hurt the poor in ways opponents of capitalism claim free markets do.” ~ Peter C. Earle & Fiona Harrigan

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Twelve Principles of International Trade: Part 2

– December 8, 2020

“Foreigners do not treat us ‘unfairly’ if they insist on sending to us more imports in exchange for a given amount of our exports (or, what is the same thing, if they accept fewer of our exports in exchange for a given amount of what we import from them). Accusing foreigners in such a case of treating us unfairly makes no more sense than accusing your employer who gives you a raise of treating you unfairly.” ~ Donald J. Boudreaux

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