Frédéric Bastiat’s Fruitful Fusionism

– June 17, 2022

“Economists don’t know how to inculcate virtue in business elites, because, as victims of the moral confusion that MacIntyre diagnosed, they don’t know what virtue is.” ~ Nathan Smith

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Review: Cronyism: Liberty versus Power in Early America, 1607-1849

– June 15, 2022

“It may seem extreme to some, but this total lack of admiration for any political actor is what allows the book to be a solid contribution to American political and economic history.” ~ Vincent Geloso

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CEOs like the Late Jack Welch Embody the Endless Possibilities of Capitalism

– June 10, 2022

“Gelles wrote of how Welch’s career was ‘defined by devotion to maximizing short-term profits at any cost.’ Where have we heard that one before? If you’re looking for originality, this is the wrong book.” ~ John Tamny

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In Bernanke We Trust?

– June 9, 2022

“When central banking’s role is understood in neo-Keynesian terms—i.e., from a macroeconomic standpoint that emphasizes top-down demand-side management of the economy—it’s easy to understand why central bankers might gradually succumb to a Masters-of-the-Universe mindset.” ~ Samuel Gregg

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free to choose

How Milton Friedman Fought Segregation through the American Economic Association

– June 7, 2022

“Friedman opposed racial segregation on moral and economic grounds, and his actions aligned with his rhetoric. When the time came to move on these beliefs in 1957, he chose to send an economic message to the offending business by diverting its customers elsewhere.” ~ Phillip W. Magness

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McCloskey’s Narrative and Jurisprudence

– June 5, 2022

“Deirdre McCloskey rightly tells us that ideas matter, talk matters, culture matters, moral authorization matters, moral leadership matters. That is how the world works. The evidence of ngrams bolsters her theory.” ~ Daniel B. Klein

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COVID-19 and the Labor Market

– May 31, 2022

“The last several recessions, even going back farther than 2000, have done lasting damage to the US economy, especially labor markets, and so far it appears the COVID-19 recession has been no exception.” ~ Robert F. Mulligan

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Black Liberation Through the Marketplace: A Snapshot

– May 27, 2022

“In a way, the entire book is an act of transitional justice, a commitment to create institutional memory for the survivors of Jim Crow and the neighborhood-destroying government boondoggles of the 20th century.” ~ Rachel Ferguson and Marcus M. Witcher

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Black Liberation Through the Marketplace: A Review

– May 27, 2022

“The authors infuse their work with suggestions towards institutional, policy, and legal changes that empower disadvantaged subgroups to work towards their own flourishing within the market mechanism.” ~ Tarnell Brown

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Marketplace Liberation

– May 27, 2022

“Importantly, the authors rightly disparage the view of slavery recently espoused by the so-called New History of Capitalism (NHC), a menagerie of bad history and worse economic theory critiqued by scholars like Eric Hilt, Phil Magness, Alan Olmstead, and Gavin Wright.” ~ Robert E. Wright

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Preparing for Payment System Fragility

– May 23, 2022

“Inflation creates many problems, including an increased risk of payment system glitches, like the shuttering of banking and credit card networks, leaving individuals economically stranded.” ~ Robert E. Wright

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A Musk Inspired Anti-ESG Takeover Wave?

– May 16, 2022

“If incentives cannot be better aligned between management and stockholders from within, then somebody from the outside must step in so that the economy doesn’t suffer the large costs associated with underutilized assets.” ~ Robert E. Wright

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