“The men and women of the new paternalist system would do well to step away from the chess-board and to consider that ‘in the great chess-board of human society, every single piece has a principle of motion of its own, altogether different from that which the legislature might chuse to impress upon it.’ In Escaping…
“Bryan Caplan is a model intellectual citizen and a model scholar. Because of his influence, I am a better economist and scholar, but importantly I am also a better husband, father, and friend. If you’re looking to sharpen your mind during a time when the world seems to be going crazy, Bryan Caplan’s commentary is…
“The policy response to the Covid pandemic has been a master class in government failure: governments around the world have messed up their responses time and time again. It isn’t because they are bad people, necessarily, nor is it because they are incompetent. It is because ‘The Problem’ is a set of innumerable smaller problems…
“Is the modern world perfect for everyone? Of course it isn’t, but it’s trending in the right direction. The Covid pandemic has been a setback, but it has only delayed the day when everyone has first-world problems like a closet full of clothes with nothing to wear. That day is coming, though, and in our…
“There’s a reason vasectomies spike during March Madness: David going toe-to-toe with Goliath makes for great TV, and improbable runs like George Mason’s Final Four appearance in 2006, Loyola Chicago’s Final Four run in 2018, and Villanova’s ascent from #8 seed to tournament champions in 1985 are called ‘Cinderella stories’ for a reason. People love…
“Markets make the costs and benefits very explicit, and while we see through a glass darkly by participating in the market process, it is better than seeing nothing at all. The market might be Plato’s cave, but the nonmarket alternative is not perfect light but perfect darkness.” ~ Art Carden
“It warms my heart when a student or alum tells me they’ve opened a Roth IRA or when I can advise a high schooler who has been saving up so he can buy a share of Amazon stock to put the money in a mutual fund instead. Managing your money wisely isn’t especially glamorous, but…
“It is not exploitation; rather, profit is a reward you earn for helping strangers in ways that waste no resources and leave them available for other strangers. Are firms earning ‘exorbitant’ profit selling natural gas and Covid vaccines? I doubt it. If anything, people scrambling to get their hands on artificially-short supplies indicates that they…
“If nothing else, the Covid pandemic will create dissertation topics for generations of Ph.D. students across the humanities and social sciences. Someone looking to write the definitive history of the pandemic could get a head start by considering some of Cochrane’s commentary.” ~ Art Carden