Robert E. Wright

"No batter always gets on base but America, nay the world, has a high-quality pinch hitter that it benched a century ago: the Gold Standard. It’s not perfect but it is far better, and fairer, than the Fed." ~ Robert E. Wright

"In the end, The Wire offers Baltimoreans no hope, and statist policymakers no path forward. But surely a smaller city government would mean a better Baltimore." ~ Robert E. Wright

"Despite the similarities between Atkinson and Musk, and the coordination between the 'Administration papers' then and today’s mass media echo chambers, there remained lines that the government was not prepared to cross." ~ Robert E. Wright

"Importantly, the authors rightly disparage the view of slavery recently espoused by the so-called New History of Capitalism (NHC), a menagerie of bad history and worse economic theory critiqued by scholars like Eric Hilt, Phil Magness, Alan Olmstead, and Gavin Wright." ~ Robert E. Wright

"If you do have a full breast of milk, consider donating or selling it to starving babies, though perhaps not directly as wet nurses did in the days of old. It is still legal, for now, even in often crazy California to sell your milk." ~ Robert E. Wright

"Inflation creates many problems, including an increased risk of payment system glitches, like the shuttering of banking and credit card networks, leaving individuals economically stranded." ~ Robert E. Wright

"If incentives cannot be better aligned between management and stockholders from within, then somebody from the outside must step in so that the economy doesn’t suffer the large costs associated with underutilized assets." ~ Robert E. Wright

"As usual, history could guide us, if only we would allow it. Before the rise of the nanny state, free markets naturally drew resources, including human resources, to their most highly valued use." ~ Robert E. Wright

"MIBM platforms don’t need thought police or feckless fact checkers, they need to enable the types of nonviolent signals and claims markets long found in taverns. The recent easing of gambling laws in many states will help." ~ Robert E. Wright

"Today, the Federal Reserve and federal government serve as America’s Rhode Island, the money pump that keeps the money supply rising faster than money demand." ~ Robert E. Wright