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27 июня, 00:23

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from my Mercatus Center colleague Dan Griswold’s excellent essay, in U.S. News & World Report, debunking U.S. Commerce secretary Wilbur Ross’s assertion that raising punitive taxes on Americans who buy foreign-made steel is necessary for America’s national defense: Protection would not even be good for the steel industry in the long run.  Protected industries […]

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26 июня, 22:40

The Essence of the Political Left

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(Don Boudreaux) TweetBryan Caplan is not persuaded by my argument that the essences of political leftists is their failure to appreciate the reality and power of spontaneous-ordering forces.  Also unpersuaded is Ben Zycher.  Pasted below is Ben’s e-mail to me, shared here in full with his kind permission. Hi Don. I don’t think it’s correct to argue […]

26 июня, 15:22

Russ Roberts on Nancy MacLean on Tyler Cowen on Democracy

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(Don Boudreaux) TweetIn this short essay, Russ Roberts reports on his discovery in Nancy MacLean’s new book, Democracy in Chains, of what is either intentional misrepresentation by MacLean of Tyler Cowen’s view of democratic reform or MacLean’s reckless error in reporting on Tyler’s view.  Either way, MacLean – in trying to build a case that pro-market scholars such […]

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26 июня, 13:49

Some Links

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(Don Boudreaux) TweetIlya Somin, a GMU colleague of mine from over in the Scalia School of Law, reviews some of the challenges of rolling back – and, hence, of reducing the ill-consequences of – exclusionary property zoning. Also writing sensibly on this broad topic is Matt Walsh.  (HT Methinks) Speaking of property rights in land, Roger Pilon […]

26 июня, 13:09

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 25 of my late Nobel laureate colleague Jim Buchanan’s 1977 article “Law and the Invisible Hand,” as this article is reprinted in the 1977 collection of some of Jim’s essays, Freedom in Constitutional Contract: I have often argued that there is only one principle in economics that is worth stressing, and […]

25 июня, 22:37

Fiction

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(Don Boudreaux) TweetAs is true of GMU Econ alum Dan Mitchell, I haven’t yet read Nancy MacLean’s Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America.  And I’m unlikely to do so any time soon, for what I’ve read and heard about it, this book is a work of fiction masquerading as […]

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25 июня, 20:54

William Allen is Interviewed by Bob Chitester

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(Don Boudreaux) TweetHere’s the great Bill Allen, emeritus professor of economics at UCLA, interviewed many years ago on various economic topics.  (HT my colleague Dan Klein)

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25 июня, 18:30

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 104 of the 2016 Mercatus Center re-issue of my late colleague Don Lavoie’s excellent 1985 volume National Economic Planning: What Is Left?: With so little direct contact with the actual disaggregated data of the decision makers [in markets], it is little wonder that the injection of government policies into the market […]

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25 июня, 14:14

Cleaned by Capitalism XXXIX

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(Don Boudreaux) Tweet Available from Amazon.com for $14.99 (and from other retailers at a similar price) is this handy device that filters and decontaminates water whenever someone uses it as a straw.  Lifestraw removes 99.9999% of waterborne bacteria and 99.9% of waterborne protozoa.  Each Lifestraw filters the amount of water that the typical person drinks in the […]

24 июня, 21:36

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from my colleague Bryan Caplan’s recent EconLog blog post “Progressive/Libertarian: The Alliance That Isn’t” (original emphasis): The heart of the left isn’t helping the poor, or reducing inequality, or even minority rights.  The heart of the left is being anti-market.  With some honorable exceptions, very few leftists are capable of being excited about […]

24 июня, 15:55

How Much Do I Value X If I Am Willing to Acquire X Only At Your Expense?

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(Don Boudreaux) TweetHere’s a letter to my frequent e-mail correspondent Nolan McKinney: Mr. McKinney: You write that “globalists overlook the personal noneconomic attachments of workers to [their] jobs.”  And you argue that government “must protect these attachments.  Trade policy is not only about economics.” I agree that trade policy should be about more than economics.  At bottom, […]

24 июня, 15:02

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 179 of the 2016 Third Edition of James D. Gwartney’s, Richard L. Stroup’s, Dwight R. Lee’s, Tawni H. Ferrarini’s, and Joseph P. Calhoun’s superb Common Sense Economics: The worst thing you can do is to convince yourself, or be convinced by others, that you are somehow a victim and therefore  unable […]