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“Government regulation unnecessarily pushes up transaction costs. In this case, by mandating unwanted benefits, those transaction costs are so high that Uber/Lyft are choosing not to transact at all in California. This is a huge loss for Uber, Lyft, its drivers, and their thousands of customers.” ~ Raymond C. Niles
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“When a politician or another figure of authority lies, or changes their story without conceding previous error, it is important to remember that theirs is, ultimately, an edifice of assumed credibility. Honesty, unfortunately, would only erode it. Perhaps replacing attorneys with poker players would improve the climate of strategic courage in our state houses and…
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“It is time that we confront our paradoxical history of personalities, beliefs, and institutions, telling a story of continued struggle to manifest a civic inheritance of individual liberty and human dignity. A struggle marked with failure, but which we hope will continue to bear fruit for the good of humankind.” ~ James L. Caton
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“Whether you are a student or a senior citizen, be curious about the physics, engineering, and economics behind the everyday devices and systems that you depend on so heavily and take so much for granted. Of course, there isn’t time to research everything but with so many resources now available online, you can reward yourself…
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“It is easy to say ‘this is what the government should do;’ however, it is a lot harder to actually make the government do it. Progress toward a permissive, innovation-embracing political and cultural constitution would be just that: progress.” ~ Art Carden
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“Austrian Economics: An Introduction is a very useful and accessible summary of what we know about this simple but powerful paradigm. Teachers and students alike would benefit from consulting it.” ~ Art Carden
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“‘The post office has been run poorly for many, many decades,’ Trump declared last week. In a less histrionic era, the Postal Service’s failures could spur Congress to finally remove the roadblocks to private innovation in letter delivery. Instead, the coming delivery debacles may become the conspiratorial RussiaGate of the 2020 election.” ~ James Bovard