Understanding Underthrow: A Pragmatic Case for Decentralism and Satyagraha

– September 23, 2021

“It’s time to unleash a thousand experiments in underthrow. Even if only a few of those experiments take hold, these niches represent the promise that you find a system that more closely resembles your ideals.” ~ Max Borders

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Economics and the Picture Show

– September 22, 2021

“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon

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That’s None of Your Business, Actually

– September 20, 2021

“For what purposes may societies condone the use of violent force? The answer is many fewer than most people presently believe. Because most things are simply none of the government’s business.” ~ Joakim Book

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The Misuse of Knowledge in Society: Intervention Means Prices are Lying

– September 20, 2021

“Making prices less accurate and less reliable with well-intentioned but misguided controls compounds the problem. It leads to an even bigger pile of errors–a misuse of knowledge in society, in other words.” ~ Art Carden

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Born Unequal: Pondering the Natural Lottery

– September 16, 2021

“Maybe I’m just a dreamer. But I think nonviolence and compassion can motivate a million acts of kindness towards those born with less.” ~ Max Borders

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America’s Medici Moment?

– September 10, 2021

“And thus corporations are led, by an invisible hand, to promote an end which was no part of their intention, the simultaneous enrichment of themselves and empowerment of party partisans.” ~ Robert E. Wright

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The Radical Message of Economics Well-Learned

– September 9, 2021

“I’ve no complaint against economists who craft their public messages in order to avoid a loss of audience. But I do worry that these efforts subtly create in the minds of many such economists unwarranted doubts about the merits of laissez faire.” ~ Donald J. Boudreaux

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Markets Already Internalize Externalities

– September 8, 2021

“What’s so fascinating about this instance is that the economist corps already knows this: markets internalize externalities – by land value, by selection, by trade-off along other margins that matter to people.” ~ Joakim Book

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Economics in Three I’s: Incentives, Institutions, and Intentions

– September 7, 2021

“Economics is the study of human action and its unintended consequences, and if you take away three Is–Incentives Matter, Institutions Matter, Intentions Don’t Matter (as much as you think)–then you are on the road to wisdom.” ~ Art Carden

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Is It Time to Rethink Labor Day?

– September 6, 2021

“When we celebrate market freedom, we end up celebrating all those who participate in the process. From the most humble of bartenders to the wealthiest of bankers, we all matter in what we do for one another.” ~ Anthony Gill

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Free Enterprise Day

– September 6, 2021

“Our schools could celebrate Free Enterprise Day by devoting some time to teach about the nature of risk-taking and how it benefits everyone, not just the wealthy.” ~ John Barry

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Stakeholders v. Stockholders

– August 28, 2021

“Most investors don’t want the corporations they own to oppose X or support Y and those who do are free to reinvest dividends or the profits from stock sales in whatever lawful causes they wish.” ~ Robert E. Wright

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