“Deposit insurance creates perverse incentives that weaken market discipline and encourage excessive risk-taking. Expanding deposit insurance will only make these problems worse.” ~ Bryan P. Cutsinger
READ MORE“The happy reality that entrepreneurship and bourgeois commerce continue to flourish was driven home to me by my rather unremarkable remodeling project. I have reason for optimism.” ~ Donald J. Boudreaux
READ MORE“The exploration of the Phillips Curve has taken many different paths and yet somehow ended up in the same place. The world could have been spared much of this meandering with a more firm grounding in what theory does and does not tell us.” ~ Joshua R. Hendrickson
READ MORE“‘Progressive’ taxes impose a particularly strong disincentive for more productive work. Depriving the economy of greater productivity curtails the alleviation of poverty, and as a result disproportionately harms the poor.” ~ Brian Balfour
READ MORE“Where people cannot get jobs or find homes, they pick up and leave. Where they find homes and jobs, they stay. This is not an excuse for complacency. Many of the policies that drove industrious work away from the Rust Belt remain politically popular at a national level.” ~ David Gillette & Thaddeus C. Meadows
READ MORE“It’s taken more than a hundred years for low-density cities to recognize that public transportation works far better in a point-to-point model, using private-public partnerships.” ~ Craig J. Richardson
READ MORE“Instead of being evidence that markets are ‘no longer controlled by competition,’ firms raising prices together is evidence of supply and demand at work.” ~ Brian C. Albrecht
READ MORE“Like Adam Smith, I’d prefer that trade be liberalized gradually as opposed to not at all. But perhaps unlike him, if I were put in front of a button to eliminate immediately all species of economic protectionism, I’d press it with gusto.” ~ Donald J. Boudreaux
READ MORE“Bribing businesses to locate in your state is not free enterprise; it’s a form of cronyism. It turns what should be a competitive process between firms into a political competition between states. The first step toward winning is to stop losing.” ~ Stephen C. Miller
READ MORE“There are, undoubtedly, still other unwise government interventions that I would wish to eliminate, but that I would also not willingly push a button to eliminate immediately. But there are buttons I would push.” ~ Donald J. Boudreaux
READ MORE“Being able to work, and feel productive, is an important part of the social aspect of our economy. Service jobs are disappearing fast enough, without having the process accelerated by misguided support for increasing the minimum wage.” ~ Michael C. Munger
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