There’s something happening here. What it is, ain’t exactly clear. Around the world, there is growing impatience with the orthodoxies and condescension of the progressive left. In the past two […]
In the past decade, the theoretical and empirical arguments of French economist Thomas Piketty have attracted widespread attention.
Politicians want to create jobs, “good-paying union jobs,” in existing industries. But that’s not what markets do. The “destructive” part of creative destruction eliminates jobs in existing industries. In a […]
“There is simply no necessary relationship between cost and price.” ~Michael Munger
“Benefits are contingent, and the contingencies — no jobs, no marriage — are detrimental to women long term, and disturbingly similar to the restrictions a polygamist would impose.” ~Michael Munger
“To keep our kids from harm, we have exposed them to brain-altering habits, online predators, and addictive pastimes that don’t just have the risk, but the near certainty, of making those now children turn out to be anxious and dysfunctional adults.” ~Michael Munger
“The idea of ‘line up!’ is deeply ingrained in most of us, to the point where we are angry if someone ‘cuts’ in line ahead or, for that matter, behind us.” ~Michael Munger
“Stiglitz believes ‘education’ should be explicitly designed to attack property rights and to weaken the sense of American exceptionalism, the tradition of classical liberalism.” ~Michael Munger