Author: one80Admin

25 May Hayek and Keynes: Bomb Throwers

Posted at 11:40h in Voluntary Exchange Sources by one80Admin

Sometime in the summer of 1942, the economists John Maynard Keynes and Friedrich Hayek spent the night on the roof of the King’s College Chapel in Cambridge. The Germans were in the midst of what some called the “Baedeker bombings,” a campaign to destroy the...

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24 May Jason Riley on Race in America

Posted at 15:54h in Voluntary Exchange Sources by one80Admin

Journalist and author Jason Riley talks about race with EconTalk host Russ Roberts. Riley argues that the challenges facing Black America go beyond racial discrimination and the threat of police violence. He argues that both the history of Black Americans and the current situation has...

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24 May What Igbo Culture Teaches Us about Capitalism

Posted at 15:53h in Voluntary Exchange Sources by one80Admin

The Igbos are one of many ethnic groups within Africa. They consist of about 43 million people, 40 million of whom live within Nigeria.  They are widely successful in Nigeria and are considered by many to be the "Jews of West Africa," partly because they tend to be...

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24 May The Paternalist Instincts of a Central Planner

Posted at 15:53h in Voluntary Exchange Sources by one80Admin

Both supporters and critics of President Joe Biden have been surprised and amazed by the immensity of his political agenda and his recent actions for a far more expansive role for the federal government than many had been expecting from his time in office. He...

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23 May George Schuyler: Journalist, Individualist, and Courageous Contrarian

Posted at 06:41h in Voluntary Exchange Sources by one80Admin

Historian John Henrick Clarke said of him, “I used to tell people that George got up in the morning, waited to see which way the world was turning, then struck out in the opposite direction.” If that’s all I knew about George, I’d have a strong...

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23 May Some Non-Covid Links

Posted at 06:36h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) TweetGeorge Will decries “Biden’s policy to use less affluent Americans’ money to entice more affluent Americans to buy EVs is only one of the contemplated regressive policies by which his administration would transfer wealth upward.” Bjorn Lomborg decries environmentalists’ attempt to use the courts...

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21 May The Left’s Enthusiasm for Diversity and Empathy Depends on One’s Politics

Posted at 23:18h in Voluntary Exchange Sources by one80Admin

The Left can be especially cruel to conservative members of a minority group.These days, the Left lectures America about the evils of tribalism and the imperative of diversity and inclusion. However, it often practices politics-as-theology, and shows little tolerance for those who don’t hold...

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21 May The Extent of the Market is Limited By the Imagination of the Regulators

Posted at 23:18h in Voluntary Exchange Sources by one80Admin

Adam Smith begins Book I, Chapter I of An Inquiry into the Nature and Causes of the Wealth of Nations by pointing out that “(t)he greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which...

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21 May Stossel: Stop Calling It a ‘Labor Shortage.’ It’s an Incentive Shortage

Posted at 23:18h in Voluntary Exchange Sources by one80Admin

It’s no secret that US businesses are struggling to find workers. Recent surveys have shown that small businesses are reporting record job openings. Many have described the phenomenon as a labor shortage. “Walk outside: labor shortage is the pervasive phenomenon,” economist Lawrence Summers recently observed at a...

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21 May Young Americans and the Delusional Appeal of Socialism

Posted at 23:16h in Voluntary Exchange Sources by one80Admin

April 23, 2021Surveys claim that younger Americans favor socialism far more than preceding generations. What accounts for this fatal attraction and how can we reverse it? What role does social media—which young people remain glued to—have in this apparent leftward trend? On the other hand,...

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