“One cannot lay all of the blame for high taxes, silly regulations, and the Covid policy catastrophes of 2020-21 at the feet of John Winthrop and other Puritans but the concept of path dependence suggests that their role was larger than one might at first suspect.” ~ Robert E. Wright
“Today, America’s putative leaders care nothing about liberty and want to preserve America only to the extent necessary to extract rents from it. That has to change, and soon, or July 2026 will be no time to celebrate much of anything.” ~ Robert E. Wright
“Despite the costly consequences of bad policies, Americans just won’t give up their beloved policy lotteries. Many date to the New Deal and Progressive eras and hence were deliberately and structurally racist. Yet somehow the same government that perpetrated them is being entrusted to ameliorate their intentional effects with additional lottery-like policies instead of radical…
“Although I hesitate to bring this to President Biden’s attention, individuals and nonprofits own cannon today. In 2019, for example, Brown’s Company of Artillery fired for five hours in Lebanon … the one in Connecticut. And the Ancient and Honorable Artillery Company, a private artillery company organized in Massachusetts in 1638, still exists!” ~ Robert…
“Just as masks hide the condition of people’s mouths, so too do various commissions hide special interest policymaking. America needs to return to the commonsense view that regulations ought to have a solid empirical basis: a claim about the real world supported by data and the best available theory, not bureaucratic or commercial self-interest.” ~…
“Accreditation is the ‘key to the kingdom’ of federal and state subsidies and widespread recognition of some minimal level of curricular competence. Most students will not attend a university that is not accredited because they cannot obtain financial aid and most employers will not recognize any coursework or degree as a bona fide credential unless…
“Just think, though, of the uproarious applause that would occur if governments would stop over-regulating and over-taxing economic agents and allow every human to thrive instead of diverting resources to the Woke Business Complex! But curbing government overreach would require a more ‘equitable’ distribution of political and soft power. Where’s the meme for that?” ~…
“Morningstar is right to push back. If only other corporations would do likewise and not cave in to regulatory rules rooted in agency staffer self-interest rather than reason. Free markets can stand some regulation but not virtual takeover by bureaucratic fiat.” ~ Robert E. Wright
“Governments have few universally accepted goals. National defense, protection of property, and stability of the unit of account are arguably the three most important because all else rides on them. Hyperinflation destroys all three, so any serious risk of hyperinflation is simply unacceptable from a policy standpoint.” ~ Robert E. Wright