“To the extent the free-rider problem does arise, it is true that government intervention can change how much charity is provided. But that does not mean the result is closer to what we ‘really want’ to give than what we actually give.” ~ Gary M. Galles
READ MORE“What causes the great and overwhelmingly successful coordination across the globe of the productive efforts of billions of strangers? And why is this coordination so silent and incessant that we take it for granted? We hardly notice it.” ~ Donald J. Boudreaux
READ MORE“If the city keeps reducing real rents by capping increases below the inflation rate (as it is doing now), and if inflation continues for more than a few years, we will see building abandonments once again.” ~ Raymond C. Niles
READ MORE“If one truly believes the very existence of humanity is at stake, no regulation goes too far, and no social control is too strict, in order to save our species. And that is a price none of us should have to pay.” ~ James E. Hanley
READ MORE“Grateful hearts want to see the sort of prosperity they have enjoyed extended to others near and far. Fortunately, economics also offers the prosperity recipe—if only we have ears to listen.” ~ Caleb S. Fuller
READ MORE“MacLean et al. have in fact set nothing straight, and their argument, far from being ‘irrefutable,’ wrecks itself upon the rocks of at least one major citation error, selective use of documents, and willful misreadings of Hutt’s words devoid of their original context.” ~ Phillip W. Magness & Art Carden
READ MORE“Over the past 200 years, explosive economic growth and advances in material well-being came as we transcended tribal thinking. Embrace the reality of a common humanity shared with all. We descend into primitive tribal thinking at our peril.” ~ Barry Brownstein
READ MORE“Smith teaches how we do our part in serving the good of the whole; how in focusing diligently on the good of our part we serve that of the whole; and how freedom fortifies the remarkable correspondence between those two goods.” ~ Erik Matson
READ MORE“Unfortunately, the patriotic protectionism story confuses American consumers’ friends and enemies. Our supposed enemies, foreign producers, are actually our friends, and our supposed friends, domestic producers and the US government, are actually our enemies.” ~ Gary M. Galles
READ MORE“I suspect that MacLean really believes that her fables capture and convey important truths. But whether in this assessment I am correct or incorrect, one conclusion is airtight: As a scholar, Nancy MacLean is an utter disgrace.” ~ Donald J. Boudreaux
READ MORE“The fungibility of student loans means that taxpayers will be saddled with paying for parents’ and students’ non-college purchases. Many professors will, understandably, root for student-loan forgiveness.” ~ Richard McKenzie
READ MORE“It’s impossible to convey in words the amount of specialized knowledge, as well as the amazingness of modern building materials and tools, that are routinely, and entertainingly displayed in each and every episode of This Old House.” ~ Donald J. Boudreaux
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