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21 января, 00:46

Freeman Essay #56: “Two Radicalisms”

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(Don Boudreaux) TweetIn the November 2000 Freeman I pondered two varieties of radicalism.  My column is below the fold.

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20 января, 23:59

What If Product Quality Rather Than Price Had Been Economists’ Chief Object of Explanation?

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(Don Boudreaux) TweetWhat follows is a speculative discourse on the economic analysis of competition.  It’s a discourse that I believe I made in an earlier post – but, if I did make it, I cannot now find it.  So, for the record I make it again.  It’s wonky, it might be incorrect in its details, and it’s […]

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20 января, 17:01

Some Links

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(Don Boudreaux) TweetMy intrepid Mercatus Center colleague Veronique de Rugy asks if the recent U.S. tax reform is already working. And here’s David Henderson on Veronique’s essay. Deirdre McCloskey writes about the genuinely scientific branch of economics.  A slice: Realize, though, that the word “science” is a big problem in English, and is misleading economic historians to […]

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20 января, 16:22

Freeman Essay #55: “Thomas Babington Macaulay”

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(Don Boudreaux) TweetI devoted my October 2000 Freeman column to commemorating the 200th anniversary of the birth of Thomas Babington Macaulay.  My column is below the fold.

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20 января, 16:01

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 70 of Ronald Coase‘s insightful 1972 article “Industrial Organization: A Proposal for Research” (as reprinted in Coase’s 1988 collection, The Firm, the Market, and the Law) (original emphasis): I should now like to return to the undertaking of economic activities by organizations other than firms and, particularly, by governmental organizations.  Somewhat […]

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20 января, 01:15

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from pages 118-119 of Thomas Sowell’s 2018 volume Discrimination and Disparities: “Solutions” can be a society’s biggest problem – and especially governmental “solutions” – because government is essentially a categorical institution in an incremental world.  When many desirable things compete for a share of inherently limited resources, individuals making decisions for themselves can […]

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20 января, 00:19

Freeman Essay #54: “Self-Government”

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(Don Boudreaux) TweetMy September 2000 Freeman column, “Self-Government,” has not been converted into an html file.  It is, however, available on pages 4-5 in this pdf of that issue of the Freeman.  Screen shots of the column are below the fold.

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19 января, 23:08

A Case for Repealing All Antitrust Legislation

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(Don Boudreaux) TweetBelow the fold is the text of a lunchtime talk that I gave today at a conference co-sponsored by the Antitrust Research Foundation and George Mason University’s Scalia School of Law’s Law & Economics Center.

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19 января, 14:31

Freeman Essay #53: “Freedom of Association”

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(Don Boudreaux) TweetIn the August 2000 Freeman I argued that restrictions on immigration are restrictions not just on the freedom of would-be immigrants, but also on the freedom of citizens of the receiving countries.  One such freedom that is violated is freedom of association.  My column is below the fold.

19 января, 14:15

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 214 of Vol. 19 (Ideas, Persons, and Events [2001]) of The Collected Works of James M. Buchanan; specifically, it’s from Jim’s 1997 article “The Epistemological Feasibility of Free Markets”: Absent such minimal understanding [of basic economics], the collectivized alternative tends to be chosen over the market because it tends to be […]

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19 января, 00:38

Freeman Essay #52: A Review of Thomas Sowell’s “The Quest for Cosmic Justice”

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(Don Boudreaux) TweetIn the July 2000 Freeman I reviewed Thomas Sowell’s 1999 book, The Quest for Cosmic Justice.  My review is below the fold.

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18 января, 23:09

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from Douglas Irwin’s January 31, 2009, New York Times op-ed, “If We Buy American, No One Else Will”: Buy American provisions can raise the cost and diminish the effect of a spending package.  In rebuilding the San Francisco-Oakland Bay Bridge in the 1990s, the California transit authority complied with state rules mandating the use […]