The “Fortune of the Commons”: Why Are There Still Blueberries in the Fields?

– September 30, 2021

“Sometimes the supposedly inevitable tragedy-of-the-commons can, with prosperity and economic growth, be turned on its head to become the Fortune of the Commons.” ~ Joakim Book

READ MORE

Biden’s Demagoguery that Government Spending is Costless

– September 30, 2021

“President Biden’s demagoguery, arrogant impatience, and dictatorial manner do not and cannot change reality. At the end of the day, his policies can only lead to a financial and economic disaster.” ~ Richard M. Ebeling

READ MORE

Choice: Real and In Extremis

– September 29, 2021

“It’s flabbergasting that those who denounce the market on the grounds that the choices it leaves open to individuals are not real – that these choices are largely made by people in extremis – look upon the outcomes of government coercion with such fondness and favor.” ~ Donald J. Boudreaux

READ MORE

Biden’s Gambit: Actively Testing Americans’ Willingness to Assert Their Rights

– September 29, 2021

“The lesson here is, if you have moral rights and legal rights, defend them so that they are also your actual rights. As John Stuart Mill observed, ‘Bad men need nothing more to compass their ends, than that good men should look on and do nothing.'” ~ Jon Sanders

READ MORE

Remember the Greatest Social Thinker of the Twentieth Century

– September 29, 2021

“There is good reason to pursue Ludwig von Mises’ wisdom further, because for those who seek a society that offers the greatest potential for individual flourishing and social cooperation—i.e., true civilization–he is a sound guide.” ~ Gary M. Galles

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE