“To paraphrase Abraham Lincoln, the Chinese commercial state cannot stand divided against itself. China will not cease to exist, but it will cease to be divided. It will become all authoritarian, or it will become capitalist.” ~ Michael Munger
READ MORE“As an entreaty from an employer to a worker, ‘Why don’t you go somewhere else?’ deserves more respect. In many areas of our lives, to exit (to other opportunities) is often a more effective mechanism than to negotiate (talking others into adopting your point of view).” ~ Gary M. Galles
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“Suppressing people’s votes in the marketplace for the benefit of those who think themselves entitled to a comfortable life at another’s expense, or for those who really know what is good for other people, does not help the suppressed voters.” ~ Art Carden
READ MORE“Even if a socialist’s own life is a mess, he still knows how to run everybody else’s. Even if he doesn’t believe there’s a God, he thinks the State can be one.” ~ Lawrence W. Reed
READ MORE“It is no small irony that Hobsbawm’s qualitative investigation of Marx’s dissemination and spread now finds empirical validation in the unlikeliest of sources: our econometric analysis of the Soviet revolution’s effects on Marx’s citation patterns after 1917.” ~ Phillip W. Magness
READ MORE“Although some elections remain to be called, the overall picture is clear. American voters did not clearly repudiate the illiberal, progressive collectivist policies adopted at the state and national levels since March 2020.” ~ Robert E. Wright
READ MORE“The stark reality is that ‘forgiving student debt’ really means forcing people who didn’t go to college to pay for those who did, and forcing people who scrimped and saved for college to pay for those who didn’t. ” ~ Antony Davies & James R. Harrigan
READ MORE“How do we reconcile the decisive and early rejection of Marx’s economic theories after the Marginal Revolution with the high acclaim that those same theories enjoy among intellectuals today, albeit almost entirely outside of the economics profession?” ~ Phillip W. Magness & Michael Makovi
READ MORE“The fact that past industrial policy attempts were abandoned due to grotesque failure to achieve their goals seems to make no difference to those who are intent on reviving this practice.” ~ Veronique de Rugy
READ MORE“Parents trying to teach their child “the value of a dollar” have little luck convincing them otherwise, because it is the parents’ money, not the child’s, on the line. Then multiply that level of conflict by all the things government wants to ‘give’ us.” ~ Gary M. Galles
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