“Richard Henry Lee’s generation had learned of the need to keep government within narrow limits, as there are very few areas in which it can advance our general welfare, as opposed to some Americans’ welfare at other Americans’ expense.” ~ Gary M. Galles
READ MORE“New technology could help to revive America’s flagging civil society. DAOs significantly lower the costs of association, empowering individuals to create solutions to social problems free from governmental burdens.” ~ David Waugh & Robert E. Wright
READ MORE“Billions of federal dollars have kept airports open and planes in the air with practically no airport layoffs when traffic was greatly depressed, producing enormous increased operations costs not borne by ticket prices.” ~ Colin McNickle
READ MORE“In retrospect, 2021 looks more and more like 1979. Here are 21 noteworthy data points–prices, percentages, dates and other forms of quantitative information–that highlight or exemplify certain developments in 2021, the second year of the pandemic.” ~ Peter C. Earle
READ MORE“Real-world complications highlight the limits of applying the basic idea of trade-offs in economics, but even with these complications, understanding this one basic economic principle offers powerful insights into consumer choice, economic growth, and international trade.” ~ Robert F. Mulligan
READ MORE“A revolution in entrepreneurship – subversive innovation – is the tip of the spear for societal change. Never forget that you are launching your attack from the highest moral high ground of all: consent. Your enemies will have to fight you from the low perch of compulsion.” ~ Max Borders
READ MORE“You can’t give the lie the same credence as the truth or you will hide in false equivalence and fail the public. Even journalists I know who are socially and politically conservative are signing on to the idea that they must take a stand for the truth.” ~ Llewellyn King
READ MORE“Despite the troubling picture regarding national issues, ranging from Covid to monetary and fiscal policies, entrepreneurs are minding the store and finding new and better ways to serve their markets.” ~ Gregory van Kipnis
READ MORE“What if politicians had wisely done nothing in March of 2020? Some will scoff at the notion, but the people are the marketplace, and it’s rare that substitution of limited knowledge for that of the marketplace turns out well.” ~ John Tamny
READ MORE“We all know it’s impossible in life to be sure that anything is perfectly safe and there’s nothing wrong with assuming the risk of certain activities when we understand what we’re getting into.” ~ Aron Solomon
READ MORE“Frederic Bastiat advocated a government that, by focusing narrowly on ensuring that individuals ‘did not encroach on the freedom of others,’ guarantees citizens the ability to ‘fully and completely enjoy the free exercise of his or her physical, mental, and moral faculties.'” ~ Gary M. Galles
READ MORE“Adjustments of money prices are the easiest and most obvious way of causing each other to overlook goods’ and services’ non-monetary aspects that would otherwise reduce the amount of mutually advantageous exchange that occurs.” ~ Donald J. Boudreaux
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