Topic: Free Markets

A Day in the Life of Homo Economicus

– March 3, 2023

“While the concept of people as ‘optimizers’ is sometimes criticized as too reductive, too reliant on assumptions of ‘perfect information,’ it is nevertheless deeply, revealingly true.” ~ Paul Schwennesen

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For a Fair and Efficient Tax Policy, Restore the SALT Deduction

– March 3, 2023

“Restoring full deductibility would realign the Republican party’s position on this issue with a more free-market approach to tax fairness and its long-time support of supply-side tax analysis, which guided most of the other changes in 2017.” ~ Roy Cordato

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Free Markets Made Charlie Brown and Snoopy Possible

– March 2, 2023

“For humanity to flourish, we must be free to explore our full selves. Charles Schulz’s Peanuts gave us that every day for 50 years, and it would never have happened without the free market.” ~ Blake Scott Ball

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Proponents of Fiscal Stimulus Need to Stop Using World War II as an Example

– March 2, 2023

“If proponents of fiscal stimulus want to use wartime spending as an empirical illustration to make their case, they need to be aware that doing so relies on a bad understanding of economic facts.” ~ Vincent Geloso

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Responsible Budgeting Corrects Bipartisan Overspending Crisis

– March 1, 2023

“The negotiations around raising the debt ceiling should be that opportunity to provide fiscal sanity. If not, we will have more costly consequences that Americans can’t afford.” ~ Vance Ginn

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Why Austrian Economists Are Not Employed as Policy Advisers

– February 28, 2023

“The problem is not so much our reliance on economics as our reliance on politics. Politics insists that we must pretend to believe in the fiction of central direction of markets as effective policy.” ~ Michael C. Munger

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Modern Economics and What the Buddha Taught

– February 28, 2023

“At its root, economic self-interest means taking responsibility for one’s own survival and material well-being; it means taking care of oneself so as not to burden society, which lays the foundation for a happiness based on achievement and self-worth.” ~ Robert Edward Gordon

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Biden’s Industrial Policy Flop

– February 27, 2023

“Biden’s industrial flop will disrupt entrepreneurial activity and hobble the American economy. We should learn the lessons of the past and accept, once and for all, that industrial policy doesn’t work, no matter how much we will it.” ~ Michael N. Peterson

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Forging Modernity or Freedom?

– February 26, 2023

“Forging Modernity is an excellent example of old-school economic history, rich in detail and fine reading on a cold winter night, huddled together with loved ones for warmth, thanks to war, inflation, and plummeting economic freedom.” ~ Robert E. Wright

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Seek Symmetry

– February 22, 2023

“A better approach is to ensure that employers and employees are on equal footing when it comes to job mobility and competition, by requiring that the terms of the noncompete apply equally to both the company’s and the employee’s competitors.” ~ Antony Davies

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The 1619 Project’s Confusion on Capitalism

– February 21, 2023

“A pervasive sense of confusion characterizes Hulu’s new 1619 Project episode on ‘capitalism,’ beginning with the basic definition of its titular term.” ~ Phillip W. Magness

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ESG: What Bureaucrats and Buyers Want but the World Doesn’t Need

– February 21, 2023

“Although criticisms of ESG are on the rise, a pivot in portfolio management back to frameworks focused on corporate growth rather than cause-related ones seems unlikely. Both buyers and bureaucrats are to blame.” ~ Kimberlee Josephson

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