Topic: Free Markets

Should We Help Workers Who Lose Jobs to Imports?

– November 22, 2021

“Too much of the discussion about job destruction and worker transition rests on the questionable assumption that all actors in markets, including workers, are either myopic or quite unintelligent (or both).” ~ Donald J. Boudreaux

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Don’t Blame the “Greedy Wealthy”

– November 22, 2021

“The problem is that we have already spent hundreds of billions of dollars on programs to end poverty, and yet there is still….poverty.” ~ Michael C. Munger

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Twilight of the NYC Pizza Principle

– November 22, 2021

“The link between NYC subway fares and the price of a pizza slice ended a few years back, but the death of .99 cent slices suggests that relative price changes are now confounding the most formidable business talents.” ~ Peter C. Earle

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Risk, Uncertainty and Profit 100 Years Later

– November 21, 2021

“It is the special function of the entrepreneur to generate unpredictable change and the economic profit or loss, progress or mistakes, that result from it.” ~ Alex J. Pollock

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Russia’s Africa Policy: Geopolitics and Commercial Interests

– November 21, 2021

“The United States must find robust relationships built upon mutual benefits that are in accordance with our values and the values of our current and potential partners. We must mind our business and avoid crusades.” ~ Todd Myers

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Time for a New University?

– November 19, 2021

“The foreseeable ranting and naysaying among journalists and scribblers isn’t an impediment to UATX. The chief challenge for UATX, in fact, will be recruiting students.” ~ Allen Mendenhall

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When Does a Job Become a Job?

– November 19, 2021

“A vibrant citizenry capable of resisting tyranny starts with the realization that the definitive guidelines given to us by government are actually quite arbitrary. We must constantly question the bright line boundaries that surround us.” ~ Anthony Gill

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Once Again, There’s No Such Thing as Market Fundamentalism

– November 18, 2021

“I prefer to stick with Leonard Read and complete economic liberty. That is not because I have ‘faith’ in the market. When faced with that criticism once, the great economist Thomas Sowell rightly responded, ‘I don’t have faith in the market; I have evidence about the market.'” ~ George Leef

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What’s Become of the Overton Window?

– November 17, 2021

“Shifting the Overton window upward toward more individual freedom should be the goal of liberty lovers as it would offer policy choices that infringe on individual freedom no more than absolutely necessary to achieve the goals spelled out in the US Constitution’s Preamble.” ~ Robert E. Wright

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Thoughts on Democratic Choice

– November 16, 2021

“Freedom of choice is wonderful, and democracy – properly understood and constrained – can be a blessing. But democracy becomes a heinous curse when its ethos is reduced to nothing more than the belief that the majority is free to choose whatever it fancies.” ~ Donald J. Boudreaux

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The Stories from a Decentralized Short Squeeze

– November 15, 2021

“Millions were made, billions lost, revenge realized and dreams shattered. The GameStop saga is both disturbing for what it reveals about a society’s divides and the market structure that made it possible.” ~ Joakim Book

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The Use of Incentives in Crypto

– November 13, 2021

“Unlike nation states or oligopolistic markets (think utilities, telecommunications or social media) where the costs of consumers/producers exiting are high, or where exit options are scarce, the bulwarks against predatory governance are far weaker.” ~ Donovan Choy

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