Some Pictures Are Indeed Worth a Thousand Words
“No data or sets of graphs, regardless of how carefully constructed and intelligently interpreted, can convey a complete picture of an economy. Yet, such data can convey important information, which is often the opposite of popular narratives about the economy, generally, and about trade in particular.” ~ Donald J. Boudreaux
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Opposing Totalitarians Who Are “Dizzy with Success”
“Totalitarians become ‘dizzy with success’ only when the masses enable them. If moral courage is in short supply when the costs of opposition are relatively low, the worst becomes inevitable.” ~ Barry Brownstein
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The Descent into Tyranny
“We must bravely speak out against the governmentalization of social affairs and against the unjust sentiments and beliefs that forward it.” ~ Daniel B. Klein & Michael C. Munger
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Reflections on Constitution Day 2022
“On this Constitution Day 2022, it’s good to remember the Constitutional insights offered by Frederick Douglass. The Constitution was made for a nation that was born with slavery and would later, in its maturity, rejoice in the abolition of slavery. He was right.” ~ Thomas L. Krannawitter
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A Constitutionalist Shift
“Over the past century and a half, the federal government has quietly morphed from a government based on a constitution to a government based on a constitutional tradition.” ~ James R. Harrigan & Antony Davies
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America’s Other Constitution
“Americans must strenuously reassert their natural right to be left to do as they wish unless their behaviors demonstrably injure other Americans. Even then they should be allowed to pursue voluntary solutions before governments may constitutionally intercede.” ~ Robert E. Wright
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Jubilee and Student Loan Forgiveness
“Today, we have modern governments, which have significantly more power to tinker with economic incentives, monitoring and enforcing policies that ostensibly benefit the commonweal.” ~ Michael D. Thomas and Anthony Gill
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New Jersey Bag Ban
“When we allow the power of the state to descend into the most basic elements of day-to-day life, such as what kind of container a business can transport its products in, we see the ‘fatal conceit’ manifest in the most unfortunate and counterproductive ways.” ~ Paul Schwennesen
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How to Make Disinflation Less Scary
“Economists are correct in warning the public about the likely costs of disinflation. But leaders within and outside the Fed should not sit back and take these costs as given.” ~ Peter N. Ireland
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Corporate Wokeness Hurts the Groups It Purports to Help
“Corporate wokeness enriches the already rich and, inadvertently, burdens those who struggle the most. It’s bad. And things won’t improve until people ‘awaken’ to its harmful consequences.” ~ Allen Mendenhall
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All for Nothing
“Kempowski helps us realize that progress will go retrograde when people adopt illiberal beliefs. Will blinding fear and false faith set the course for the next era of American history? Has the suffering during the pandemic been all for nothing?” ~ Barry Brownstein
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Can Congress Rein in the Fed?
“As long as we’re stuck with a central bank, we should give it an unambiguous mandate and watch it like a hawk. Monetary policymakers answer to the people’s representatives, in Congress assembled. Let’s remind them.” ~ Alexander William Salter
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