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30 апреля, 16:19

Some Links

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(Don Boudreaux) TweetWriting in the Washington Post, Charles Koch pleads for an end to cronyism.  He pleads also for other policies that truly are progressive.  A slice: On the plus side, the president has taken a thoughtful approach to regulatory reform. He has appointed a strong team capable of acting on the best ideas to remove unnecessary […]

30 апреля, 15:16

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 66 of Gregg Easterbrook’s 2004 book, The Progress Paradox (footnote added): A few generations ago, to be an intellectual or artist required risk and hardship, often combined with a life of penury.  Today, the Western nations support tens of thousands of tenured professors – the majority assured of a reasonably comfortable […]

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30 апреля, 13:26

Gary Becker on Globalization, Inequality, and Education

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(Don Boudreaux) TweetHere’s a short statement by the late economics Nobel laureate Gary Becker on globalization’s effect on inequality and education.  (HT Jim Rose)

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30 апреля, 02:40

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 266 of my late Nobel laureate colleague Jim Buchanan’s profound January 1989 Business Economics article, “On the Structure of an Economy,” as this article is reprinted in James M. Buchanan, Federalism, Liberty, and Law (2001), which is volume 18 of the Collected Works of James M. Buchanan: And it is but small exaggeration […]

29 апреля, 18:09

Open Letter to Wilbur Ross

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(Don Boudreaux) TweetMr. Wilbur Ross, Secretary United States Department of Commerce Mr. Ross: Earlier this week on CNBC, in a discussion about NAFTA, you proclaimed that “It was a silly idea to let a lot of outside stuff in.  The whole idea of a trade deal is to build a fence around participants inside and give them […]

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29 апреля, 15:56

Takl

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(Don Boudreaux) TweetI just heard on Washington, DC’s, ESPN 980 radio an ad for a new app called Takl.  This is an app that connects people who need small handyman jobs performed with handymen (and, surely also, handywomen) willing to perform those jobs.  But the ad is not aimed at homeowners to encourage them to use Takl […]

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29 апреля, 15:23

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 100 of Dwight Lee’s insightful 1995 essay “Poverty, Politics, and Personal Responsibility,” which is a chapter in the 1995 collection American Perestroika: The Demise of the Welfare State: Most compassion exercised through the political process is a cheap imitation of the real thing and is invariably subverted by powerful interest groups.

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29 апреля, 14:24

Some Links

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(Don Boudreaux) TweetSteve Horwitz explains the unfairness and inequality of forced economic equality. Bob Higgs, on his Facebook page, distills the essence of protectionism.  A slice: No one doubts that one way for an individual to increase his wealth is by stealing other people’s stuff. But protectionism, as it is known, is not simply a misleading name […]

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29 апреля, 00:28

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 10 of Wilfred Beckerman’s excellent 2003 monograph, A Poverty of Reason: Sustainable Development and Economic Growth: In fact, of course, not only are resources not finite in any relevant sense, but the evidence of all past history, including even the relatively recent past, shows that there have been no trends toward […]

28 апреля, 18:54

This Truth, Constantly Overlooked, Must Be Constantly Repeated

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(Don Boudreaux) TweetHere’s an open letter to a commenter at Arnold Kling’s excellent askblog: Mr. Rohan Verghese Mr. Verghese: Commenting on a post at Arnold Kling’s askblog, you write that “Trump’s great breakthrough has been to convince Conservatives that the costs of many of the policies held since the 1990s have been higher and sharper than they […]

28 апреля, 13:52

Quotation of the Day…

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(Don Boudreaux) Tweet… is the closing of David Hume’s essay, first published in 1759 or 1760, “Of the Jealousy of Trade” (here from page 331 of the 1985 Liberty Fund collection of some of Hume’s essays, edited by the late Eugene F. Miller, Essays: Moral, Political, and Literary) (original emphasis): I shall therefore venture to acknowledge, that, […]

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28 апреля, 02:28

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 1 of the 1989 Gateway Regnery edition of the 1979 collection – Economic Policy: Thoughts for Today and Tomorrow – of Ludwig von Mises’s Fall 1958 lectures in Buenos Aires: Descriptive terms which people use are often quite misleading.  In talking about modern captains of industry and leaders of big business, for […]