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“An overseas experience affords plenty of ways to put the tools and principles of economics students have been taught to work, perhaps the best way to real mastery of ‘street-corner economics.’” ~ Gary M. Galles
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“The emphasis on consumer sovereignty helps clarify the discussion, and this is a book intellectual historians, economic historians, and historians of economic thought can read profitably.” ~ Art Carden
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“What are we getting for this unprecedented debt? Mostly, all it’s purchased for us is political leadership which can only charitably be characterized as mediocre.” ~ Robert F. Mulligan
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“In Tocqueville’s visit to America, he is struck by an ‘equality of conditions’—his approach to social capital. Perhaps we should pay more attention to the equality of values people hold dear. Public health is important, but so is personal freedom.” ~ Byron B. Carson III
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“Subsidies’ dollar value, unfortunately, do not cover their full cost. Meat production costs reach the environment, the neighborhood, and the market.” ~ David Gillette & Warren Barge
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“Taking away this valuable shareholder option without their consent is not in owners’ interests, as commonly reflected by negative stock price changes when poison pills are adopted without shareholder approval.” ~ Gary M. Galles
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“By offering bigger seats and more legroom, airlines are essentially asking if we’re ready to cover the cost of providing the additional comfort. When we choose cheaper, less comfortable economy class seats, we’re saying ‘No, thank you.’” ~ Art Carden
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“Private firms already have powerful incentives to ensure that they are optimally secured against supply disruptions. Any government intervention would then upset these optimal private arrangements.” ~ Donald J. Boudreaux
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“Regardless of substitution, businesses have to use some commodities for production. With PPI inflation for all commodities at 24 percent, though that does not necessarily forecast a future CPI increase that high, it strongly suggests CPI inflation will continue to rise.” ~ Robert F. Mulligan
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“Understanding how to understand and apply sunk costs is important in many ways. And one of those ways is to recognize that when we make a mistake in such efforts, we can’t retroactively fix those mistakes, but we can use them to learn better.” ~ Gary M. Galles
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“Maybe America has hit rock bottom and the current travails will induce a return to limited government. Until then, though, I suggest that you remove the rocks from your own garden, and plant yourself some Liberty this spring, summer, and fall.” ~ Robert E. Wright
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“I suggest we reshuffle Nozick’s thesis to transform his theoretical framework into a practical mindset. We can use the Framework as a strategic lens for spawning subversive innovations that promise each of us a society that comes closest to our ideals.” ~ Max Borders
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