The Best Policy for Supporting Families Is “Do No Harm”
“At a time when Americans (and conservative intellectuals in particular) are increasingly interested in policies to support family life, the economic way of thinking has much to contribute to this important conversation.” ~ Clara E. Piano
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Empowering Insurance Companies to Save Lives
“Young people want to drive. Which is the point. Price signals will powerfully govern their ability to. If they’re reckless, the cost of driving will soar. And they’ll lose driving privileges. Problem solved by the free market.” ~ John Tamny
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Why Warner Bros. Sunk Batgirl
“The company likely believes the cost is greater than the benefit. And given the recent track record of DC movies, I don’t doubt they’re right.” ~ Peter Jacobsen
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Don’t Be a Politician. Focus on Process, not Goals
“The higher our time preference, the more likely we are to believe a politician’s false promises. The more we believe their goal-oriented lies and fail to question their processes, the more freedom, and prosperity we lose.” ~ Barry Brownstein
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On Some Differences Separating Choices in Private Settings from Choices in Political Settings
“The institutional implications of individuals choosing within markets and other private spheres differ categorically from the institutional implications of individuals voting to make major changes to the economy or society.” ~ Donald J. Boudreaux
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Subsidizing Teslas and Tuition Doesn’t Necessarily Benefit Consumers
“The best ‘free thing’ government could give us is not a bevy of subsidies and handouts, but the freedom to allow entrepreneurs, big and small, to figure out what is best for all of us.” ~ Anthony Gill
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Making Sense of the Recession
“Unemployment, for good reason, lags the onset of recessions. And assuming that a widespread burst in employment categorically signifies optimism or portends a quick resumption of economic growth is simply unwarranted.” ~ Peter C. Earle
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Reich Strikes Out
“According to Reich, higher prices are due to the pandemic, which suppressed demand and created global supply chain problems, together with Russia’s invasion of Ukraine, China’s overzealous lockdown policies, and of course, capitalist greed.” ~ Robert F. Mulligan
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You’re Not Poor Because You Don’t Know David Brooks, You’re Poor Because You Don’t Know David Brooks
“Ultimately what Chetty has discovered, and that Brooks has cheered, is very bullish. The problem is that the discovery is not what either thinks it is. The American dream certainly lives, but only because individuals freely make decisions that correlate with the Dream.” ~ John Tamny
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The Government Shouldn’t Decide Who May Practice Law
“Legal licensure wouldn’t be a matter of concern if it were not backed up with the power to exclude and punish anyone who dares to compete with the guild.” ~ George Leef
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How Airline Regulations Hurt Passengers
“The DOT might think they’re helping, but they’re really not. Airline passengers are far better off when they, not bureaucrats, decide how airlines are run.” ~ Patrick Carroll
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Reflections Sparked by A New Jersey Turnpike Rest Area
“I’m confident that everyone at the New Jersey Turnpike rest area, if pressed to think seriously about this feature of the liberal market order as he or she surveyed fellow rest-area visitors, would heartily applaud.” ~ Donald J. Boudreaux
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