New Jersey Council for Economic Education |

02 Aug Why We Study History | Highlights Ep.25

Posted at 09:00h in Voluntary Exchange Sources by one80Admin

In 1941, American novelist John Dos Passos wrote, “In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present.” The study of American...

30 Jul Quotation of the Day…

Posted at 08:40h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) Tweet… is from page 14 of Thomas Sowell’s superb 1981 volume, Ethnic America: A History: Nothing has so vindicated the untapped potential of ordinary people as the American experience. DBx: Pictured here is Madame C.J. Walker – born to parents who were enslaved, she became...

29 Jul Covid-19 and the Inefficiency of State Coercion

Posted at 21:06h in Voluntary Exchange Sources by one80Admin

An article by legal scholar Richard Epstein published in the Hoover Institution’s Defining Ideas defends George Mason University professor Todd Zywicki who is challenging his university’s Covid-19 vaccine mandate (“The Uneasy Case for Universal Vaccinations,” July 27, 2021). Epstein presents economic and constitutional arguments against...

29 Jul Scientific Authoritarianism Erodes Private Property and Human Liberty

Posted at 21:05h in Voluntary Exchange Sources by one80Admin

“A fundamental difference between modern dictatorships and all other tyrannies of the past is that terror is no longer used as a means to exterminate and frighten opponents but as an instrument to rule masses of people who are perfectly obedient.”~Hannah Arendt ~ (The Origins...

29 Jul Why Spending Matters in Times of Inflation and High Debt

Posted at 20:35h in Voluntary Exchange Sources by one80Admin

A lot of people don't care about the nation's growing debt. Some believe that low interest rates for the foreseeable future essentially means a free lunch for the government. Others believe that no matter what...

29 Jul Living Together with Deep Divides | Discourse

Posted at 20:35h in Voluntary Exchange Sources by one80Admin

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29 Jul Endless Rules

Posted at 20:34h in Voluntary Exchange Sources by one80Admin

Politicians just don’t learn. People die as police fight drug dealers. Marijuana dealers form gangs and fight among themselves. It’s so stupid. Especially because marijuana is relatively harmless. Finally, some states legalized it, hoping to put an end to the black market. But legalization hasn’t ended the violence. Why?...

27 Jul Weedy Regulations

Posted at 21:23h in Voluntary Exchange Sources by one80Admin

In some states, rules for legal marijuana sales are ENDLESS.Legalizing the plant should have reduced black markets and crime. It didn’t because bureaucrats imposed regulations that strangle legal businesses.----So you don’t miss the weekly video from Stossel TV, sign up here: https://ift.tt/37hRbtg ----The regulations go...

27 Jul On Behalf Of Environmentalists, I Apologize For The Climate Scare

Posted at 21:23h in Voluntary Exchange Sources by one80Admin

On behalf of environmentalists everywhere, I would like to formally apologize for the climate scare we created over the last 30 years. Climate change is happening. It’s just not the end of the world. It’s not even our most serious environmental problem. I may seem like...

27 Jul Why vaccine passports are a welfare-dominated approach

Posted at 11:13h in Voluntary Exchange Sources by one80Admin

Use monetary rewards (or penalties) if need be. Here is Joshua Gans applying some game theory to the vaccine passport idea: Vaccine hesitancy is modelled as an endogenous decision within a behavioural SIR model with endogenous agent activity. It is shown that policy interventions that directly...

Author: one80Admin