New Jersey Council for Economic Education |

20 Sep The Misuse of Knowledge in Society: Intervention Means Prices are Lying

Posted at 14:04h in Voluntary Exchange Sources by one80Admin

In his excellent book The Undercover Economist, Tim Harford referred to a competitive market as a “world of truth.” The free market’s invisible hand leads us to produce the right things the right way in the right proportions and for the right people. In other...

20 Sep Signaling: The Play

Posted at 14:02h in Voluntary Exchange Sources by one80Admin

My friend Jason Ford wrote this little play, inspired by The Case Against Education. Enjoy! Three Mercedes By Jason Ford (The Admissions Office at Foxmoor College in the Philadelphia Suburbs. Bart Amblin, the Head of Admissions, is seated at his desk.) BART (on phone) Send in the next candidate please. (Enter Melissa...

20 Sep Why Totalitarians Promote Hate

Posted at 14:02h in Voluntary Exchange Sources by one80Admin

In Upstate New York, thirty Lewis County General Hospital health clinicians resigned rather than take the mandated Covid shot. Six of those who resigned worked in the maternity unit; the hospital shut down the maternity unit until new nurses who are vaccinated can be recruited. Other...

20 Sep Public Spaces in the Digital Age

Posted at 14:01h in Voluntary Exchange Sources by one80Admin

The nature of public space in America has been thoroughly transformed since the beginning of the 21st century. Public squares, parks, movie theaters, restaurants, and shopping centers now compete with social-media sites, video-conferencing software, dating apps, entertainment platforms, and online mega-stores as the “places” where...

20 Sep That’s None of Your Business, Actually

Posted at 13:59h in Voluntary Exchange Sources by one80Admin

At the basis of political economy lies the idea that government assemblies ought to meddle with the personal decisions made by individuals. If people don’t act, value, believe, transact, or uphold the values that hold sway among a government and its cronies at any given...

20 Sep Covid Lockdowns Signal the Rise of Public Policy by Ransom

Posted at 13:53h in Voluntary Exchange Sources by one80Admin

Public commentator Amanda Marcotte is “incandescent with rage”—her words—with those who refuse to be vaccinated against covid-19.1 She wants to get back to her spin class, and the unvaccinated are ruining it for her. Lockdowns and other restrictions on gymnasiums have either closed them or required...

19 Sep Our Planet Is Drowning in Plastic Pollution, But Several Solutions Are Already Here—Thanks to Human Ingenuity

Posted at 21:10h in Voluntary Exchange Sources by one80Admin

Some estimates show that by 2050 there may be more plastic in the ocean than fish (937 million tons of plastic versus 895 million tons of fish). So yes, plastic pollution is a genuine problem. But asking government to somehow regulate it out of existence is...

19 Sep Boudreaux on Government’s Nature

Posted at 21:08h in Voluntary Exchange Sources by one80Admin

Don Boudreaux writes: One general lesson that I draw from facts such as this one [the fact he’s referring to is that during the pandemic, the FDA actually used the Covid-19 emergency as a pretext to slow the approval of SARS-CoV-2 tests, rather than what many...

19 Sep Ep. 1974 Jay Bhattacharya on Herd Immunity, Seasonal Spikes, and the Return of Rationality

Posted at 09:07h in Voluntary Exchange Sources by one80Admin

Stanford University’s Jay Bhattacharya returns to the show to discuss the recent southern spike, the prospects for herd immunity, and his grounds for optimism, among much else. Sponsor BitTrust IRA helps you seamlessly and securely add cryptocurrency to your portfolio. It stores your private keys in nuclear...

18 Sep Socialism Must Lower – It Cannot Raise – Living Standards for the Masses

Posted at 17:52h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) TweetMy latest column for AIER is the first of a two-part series on the indispensability, for the productive use of resources, of market-determined prices. A slice: The reason socialism inevitably wastes resources is rooted in the fact that, under such a regime, the state...

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