“The lesson of Southwest Airlines’ debacle is not that it was ‘dumb’ or ‘shortsighted.’ Rather, it should make all of us think more deeply about the opportunity costs and benefits of small, or marginal changes in this efficiency-resiliency tradeoff.” ~ Craig J. Richardson
READ MORE“As important as issues like taxes and regulations are, their most important (and most difficult) task is to restore control of education to people who actually want to educate.” ~ George Leef
READ MORE“Though this counters today’s understanding of colonialism generally, and the conquest in particular, the fact is that Spanish treatment of Indians in the Americas was not the monolithically brutal affair it is so often portrayed to be.” ~ Paul Schwennesen
READ MORE“FOMC member projections suggest that inflation will come down only gradually over the next two to three years and that the price level will remain permanently elevated.” ~ William J. Luther
READ MORE“The better strategy would be aid short of war. Today the US and democratic states should be making conflict less likely by arming Taiwan, insisting that it take its own defense seriously.” ~ Doug Bandow
READ MORE“Overzealous regulation of pilot credentialing (by Congress, rather than carriers, insurers, or other stakeholders) have ensured the budget-conscious and the small-town traveler will both be getting a lot less service from airlines.” ~ Laura Williams
READ MORE“When confronted with issues regarding the necessary extent of the state, liberty-lovers need not rely solely on economic theory, nor hypotheticals, because the historical record often can light the proper path towards smaller, more-efficient government.” ~ Robert E. Wright
READ MORE“Before, rolling blackouts were a California problem, then they also became a Texas problem. Blackouts are spreading faster than even Imperial College London modelers would find believable.” ~ Jon Sanders
READ MORE“A ‘good’ industrial policy is impossible in a democracy. Progressives who want industrial policies don’t have that position only because they mistrust markets. Progressives mistrust democracy, and always have.” ~ Michael C. Munger
READ MORE“Ironically, it should be Stanford itself that helps less-enlightened organizations master the techniques of clear thinking that were at least partly developed at that great university.” ~ David R. Henderson & Charles L. Hooper
READ MORE“Market economies fuel incredible prosperity and the holidays provide useful examples of how we are better off today than a few decades ago. Consider the Christmas gifts and decor of years past, once deemed luxuries, now everyday goods.” ~ Laura Williams & David Waugh
READ MORE“Almost 90 years ago, for example, the US government used a different blue bird, The Blue Eagle, to coerce company compliance with the worst type of disinformation of all: that related to prices.” ~ Robert E. Wright
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