teenvogue

Teen Vogue’s Naive Take on Capitalism

– October 30, 2018

If you were to take Teen Vogue’s word for it, you would think that capitalism is “exploitative and leads to a brutally divided society that tramples the working classes in favor of fattening the rich’s wallets.”

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capturepolitics

The Fallacies of the Investment Theory of Politics

– October 30, 2018

The argument that politics is controlled by some of the wealthy and run for their benefit is largely correct, but the conclusion should be that we should restrict their opportunity to do this by limiting politics and government, not that we should expand them.

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candy

The Horrifying Cronyism of Sugar Production

– October 28, 2018

When people think about Halloween, they think about candy, children in costumes, and scary decorations. I think about all these things too, obviously, but I find myself thinking also about sugar subsidies.

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georggilderAIER

George Gilder at AIER: Life After Google (Full Video)

– October 22, 2018

George Gilder’s recent book might be his biggest seller yet, and this is after a career of rocking both the intellectual and political worlds with visionary works that have anticipated and then defined the technological and policy trends of the times. His book is Life After Google, and its focus is on the rise of decentralization in what he called the Cyrptocon. He explains why the tech giant’s business model may not work in the future and how the cryptocon will provide a replacement. 

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lighthouse

The Lighthouse Myth

– October 17, 2018

It is quite true that a standard bilateral fee-for-service arrangement would fail to provide enough lighthouses — at first. But that failure would have consequences.

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colonies

The Real Achievement of Federalism

– October 16, 2018

Madison would be horrified to see the extent to which his federalist vision has failed to endure. Fiscal power has become increasingly centralized, with the federal government taking over more and more state functions.

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consumers

Capitalists Get Rich but Consumers Capture the Benefits

– October 15, 2018

Producers, on average, capture a 2.2 percent of the total benefits of their successful introduction into markets of technological advances. A whopping 97.8 percent of those benefits are enjoyed by people each of whom as a consumer did nothing other than exercise his right to spend his money on those options that he judges best for himself.

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PM_1011

A Crisis of Rigor in the Academy

– October 11, 2018

What a recent academic hoax reveals is a pervasive problem of declining scholarly rigor afflicting certain parts of the academy.

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webserves

The Revolutionary Economic Achievement of Platforms

– October 10, 2018

Twenty years from now, people will look back at our current practices of exclusive ownership and storage with bewilderment. They will wonder what life was like before platforms made our lives richer, better, and less wasteful.

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taylorswift

How Taylor Swift Could Use Her Political Stance For Good

– October 9, 2018

The singer should become more educated as to how the number one perpetrator of racism in her state operates. And when that day comes then perhaps she will be using her star power to be part of the call for complete criminal justice reform — an even more meaningful political revolution.

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throwingmoney

The Circus Distracted Us While Congress Pillaged the Country

– October 8, 2018

Remember when Republicans under the previous President fought for some semblance of fiscal responsibility and for a return to regular order in the budget-making process? That time is long gone.

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prizefight

Here Is What Happened to Social Harmony

– October 7, 2018

The violent hatreds, tribalisms, acts of revenge, and never-ending escalation of the war between left and right (and between races, religions, sexes, and classes) are exactly what you would expect to get when you attempt to organize life according to the zero-sum game that is politics.

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