Topic: Economic Education

Classical Liberalism, Economic Education, Government

So Sordid and So Selfish: What Governmentalization Does to Us

– June 25, 2021

“The governmentalization of social affairs throws us into the passive position, where our sentiments are “almost always so sordid and so selfish.” That is what liberalism understands. Shout it from the rooftops: Governmentalization sucks.” ~ Daniel B. Klein

Books, Economic Education

On Frank Knight, Intelligence and Democratic Action

– June 25, 2021

“Intelligence and Democratic Action is the work of a distinguished and influential scholar who spent a lifetime wrestling with the tensions between the real and the ideal, the actual and the imagined. It is a brief but deep exploration of the contours of the social sciences, and it is worth serious consideration by anyone concerned with the foundations of a free and prosperous society.” ~ Art Carden

Economic Education, Financial Markets, Free Markets

The Death of a Visionary Retailer Reminds Us of Private Equity’s Genius

– June 24, 2021

“Instead of sitting on their hands, these investors are energetically reshaping commerce for the much better with their bold capital commitments. Rather than demonize private equity, we should cheer the progress that it personifies with an eye on reworking the tax code in order to encourage more of what’s mindlessly penalized.” ~ John Tamny

Economic Education, Economic History, Free Markets

The Political Paternalists Take Aim at Milton Friedman

– June 23, 2021

“How very disappointed Mr. Carter will no doubt be, when the policies he espouses end up, once again, having the disastrous effects they have always produced in the past. Much to Mr. Carter’s chagrin, it will be Milton Friedman’s ideas on liberty that will be shown to be the far more enduring ones.” ~ Richard M. Ebeling

Economic Education, Free Markets, Government

When I Wanted to Work in a Food Truck Instead of the Senate

– June 23, 2021

“Sometimes government might be preferable to the private sector, such as protecting our universal rights. However, for the vast majority of other concerns, we would be far better off looking to ourselves for answers than running towards the arms of the state.” ~ Ethan Yang

Economic Education, Financial Markets, Free Markets

It’s Appropriate to Demand That Intellectuals Put Their Money Where Their Mouths Are

– June 22, 2021

“Whenever I encounter intellectuals who declare that their econometric research or armchair theorizing reveals that workers are underpaid or that consumers are overcharged, I feel fully justified by responding with: ‘Prove it! Put your money where your mouth is.'” ~ Donald J. Boudreaux

Economic Education, Free Markets, Policy

A Policy Wishlist for Summer 2021, Initially Composed While Stuck in Traffic

– June 21, 2021

“These may not be very likely, but a man can dream, can’t he–especially when he’s stuck in stop-and-go traffic? If, by some miracle, some of these actually happen, we can move on to other improvements when Fall rolls around.” ~ Art Carden

Cryptocurrency, Economic Education, Financial Markets

The Decentralization Fetish

– June 21, 2021

“We must not merely assume that decentralization is always good and more-decentralized solutions are always better. Instead, we should recognize that it depends on the unique benefits of decentralization and the costs of realizing those benefits relative to more-centralized alternatives.” ~ William J. Luther

Economic Education, Inflation

Does “Expected Inflation” Explain or Predict Inflation?

– June 21, 2021

“There might be higher inflation ahead, but neither year-to-year CPI changes, the 2020 lockdowns, or news-based monthly opinion polls about expected inflation provide reliable advance clues about what lies ahead. Meanwhile, the low break-even rate offers a good reason to be skeptical of high inflation forecasts.” ~ Alan Reynolds

Economic Education, Government, Regulation

Which Antitrust Doctrine Deserves Your Trust?

– June 18, 2021

“Proper reforms should leverage more market functions, not less. In contrast, the neo-Brandeisian model will reintroduce a crippling regime of arbitrary and further unchecked state power that will surely sap the vibrancy from the American economy at a time when it is needed most.” ~ Ethan Yang

Economic Education, Free Markets, Media

A Conversation On Post-Pandemic Economic Recovery

– June 17, 2021

“Dr. Darcy W.E. Allen, a vocal proponent of innovative digital technologies and the economics of blockchain, joins Ethan Yang for another rigorous discussion about his new book ‘Unfreeze: How to Create a High Growth Economy After the Pandemic and more.'” ~ AIER

Economic Education, Free Markets, Government

United’s Bid for Supersonic Supremacy Vivifies Burden of Government

– June 16, 2021

“It’s something to keep in mind in consideration of the massive size of the federal government. Trillions in annual spending by politicians logically limits the amount of capital available for businesses trying to improve the present, or in Aerion’s case, striving to create a much better future.” ~ John Tamny