Black Liberation Through the Marketplace: A Review
“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
“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
“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?
“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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Modern Day Bills of Exchange
“Bitcoin, or cryptocurrency more generally, allows us to look at issues related to exchange, money, payments, and finance through a new lens.” ~ Joshua R. Hendrickson
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Government-Induced Inequality
“As usual, history could guide us, if only we would allow it. Before the rise of the nanny state, free markets naturally drew resources, including human resources, to their most highly valued use.” ~ Robert E. Wright
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Lessons From America’s First Great Inflations
“Today, the Federal Reserve and federal government serve as America’s Rhode Island, the money pump that keeps the money supply rising faster than money demand.” ~ Robert E. Wright
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Ideas Shaped the Words That Made the Modern World
“Once governments finally let people make their own decisions, innovation and economic growth were viewed to be in the interest of everyone. In the process, rhetoric of all degrees began to shift in favor of a liberal world.” ~ Michael N. Peterson
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Correcting Oren Cass on Adam Smith
“It makes more sense to think that Smith, in propounding a presumption of liberty, assured readers and lawmakers that liberalizations would not lead to an exodus of capital or widespread disruptions of economic life.” ~ Daniel B. Klein
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How “Buy American” Means Not Buying American
“The Jones Act has produced something much more like extinction than preservation of critical capacities, making American ocean shipping capacity a seeming candidate for the Endangered Species Act.” ~ Gary M. Galles
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Did Tipping Come from Slavery? The 1619 Project Lies Again
“At best, the critics of tipping are guilty of inexcusable sloppiness. At worst, they’re selectively weaponizing the horrors of slavery to advance an ideological cause.” ~ Phillip W. Magness
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New Research Rejects Piketty and Saez’s Rewrite of Economic History
“This development is significant because prominent policymakers rely on Piketty and Saez’s research to justify tax increases. These revisions must be taken into account by policymakers seeking to reduce inequality via tax policy.” ~ Amelia Janaskie & David Waugh
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