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“It would be wise for our leaders, particularly those in the Biden administration, to heed the clear lessons put forth in our Constitutional system as well as the tides of history. An embrace of free trade will promote widespread prosperity but most importantly, it will prevent a backslide into a past sequence of events that we should be glad to have behind us.” ~ Ethan Yang & Jack Nicastro
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“That Wall Street Journal editorial doesn’t muck about with qualifications: ‘The goal of this Democratic program isn’t Covid relief. The point is to expand and solidify the role of government as the guarantor of every American’s income unlinked to any obligation to work.’ Salute your new Washington savior; (s)he’s probably here to stay.” ~ Joakim Book
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“It is easy to remember Simon as a cheerful optimist whose view can be summarized as ‘more people, more innovations, more value created, more abilities to deal with environmental problems.’ But, in reality, Simon was a much deeper thinker who connected markets and economic growth to solving environmental problems through institutions. It is worth remembering how rich his outlook was.” ~ Vincent Geloso
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“These are questions worth asking amid all the back slapping taking place over the creation of corona-vaccines. Conservatives in particular normally think of tradeoffs, of the unseen, and of the dangers presented by partnerships between politicians and private businesses. Not now, however, which should have readers wondering if even bigger bills for political panic over the virus await.” ~ John Tamny
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“While immigration isn’t necessary for U.S. growth so long as the American people are free to exchange with the rest of the world, the rest of the world’s inhabitants would likely be more productive if they worked in the U.S. In short, prosperity made great by work divided globally would be quite a bit greater if more of the work was divided up by those people in the United States. That’s really something to think about.” ~ John Tamny
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“Low and falling barriers for lockdowns, stay-at-home orders, and other government-mandated nonpharmaceutical interventions are acting as a back door for the silent implementation of UBI & MMT schemes.” ~ Peter C. Earle & Kristoffer J. M. Hansen
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“My failure to understand isn’t a sufficient warrant for me to criticize those who remain silent. I will respect their choices. Showing such respect is what Leonard Read would have done. It’s what my ever-wise Friend does and will always do. The liberalism destroyed by hygiene socialism need not have added to it the liberalism destroyed by liberals’ own intolerance.” ~ Donald J. Boudreaux
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“Everyone wants to help other people—or at least, everyone should. The solution isn’t in collective bargaining, however. It’s in better options, better tools, and better ideas. So let’s have more of those.” ~ Art Carden
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“It is of course a good thing that life insurers did not exacerbate the financial stresses brought on by the pandemic or its mitigation policies, which did indeed turn out to be the worst since the New Deal as I suggested in April 2020. ‘Tis a shame that nobody followed my suggestion, made that same month, to use life insurance data to provide an independent assessment of the pandemic’s progress.” ~ Robert E. Wright
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“During the winter of 1918-1919, not much ice was harvested and stored away. New York City faced an ice famine. The city faced the prospects of riots and the starvation of children, said some. The legislature repealed the act establishing an Ice Comptroller, and the market found an equilibrium given the shortage of natural ice. The next year, things were back to normal.” ~ Clifford F. Thies
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“Federal officials monopolized the purchase and distribution of vaccines which were sent to state governments, which micromanaged distribution of vaccines to their counties. Vaccines were then rationed by political preferences (such as defining some jobs as more essential than others) and by random luck after spending hours searching for an appointment.” ~ Alan Reynolds
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“With more corporate powerhouses supporting cryptocurrencies by the month, it appears that crypto is here to stay. Whether those cryptos are the ones currently popular or this announcement by Mastercard acts to initiate a path dependent development process is presently unknown and unknowable. Other recent initiatives by the massive processing firm suggest a focus that may thwart, rather than promote, the expansion of genuine, public cryptocurrency use.” ~ Peter C. Earle
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