New Jersey Council for Economic Education |

01 May Some Covid Links

Posted at 20:08h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) TweetI fear that Frank Furedi is correct: “The culture of fear has made a lifetime of quarantine look attractive.” A slice: The precautionary principle may have emerged from within environmentalism, but it now pervades all areas of life. It encourages us to feel fearful...

01 May Climate, CO2 Optimism

Posted at 20:08h in Voluntary Exchange Sources by one80Admin

A recent debate between climate optimist John Christy (University of Alabama, Huntsville) and climate pessimist Kerry Emanuel (Massachusetts Institute of Technology), hosted by Russ Roberts of EconTalk, put scientific knowledge on display. As Emanuel, author of the 70-page primer What We Know About Climate Change (MIT Press:...

01 May A May Day Lesson: The Real Reason Wages Rise

Posted at 20:07h in Voluntary Exchange Sources by one80Admin

The communist leaders of the thankfully extinct Soviet Empire loved May Day. The first day of the fifth month featured boisterous proclamations about “worker solidarity” and huge parades of military hardware in their capital cities. We were all supposed to be impressed or fearful, or...

01 May Bitcoin and a Lesson in Electricity Markets

Posted at 20:06h in Voluntary Exchange Sources by one80Admin

In their desperation to find a reason for why bitcoin is terrible-bad-destructive-awful and morally reprehensible, the crypto-obsessed authors of the Financial Times blog Alphaville – Jemima Kelly, Jamie Powell, Izabella Kaminska – are quickly running out of good choices. Their latest one is the “environmental FUD”...

01 May The American Rescue Plan: Limits of the Highly Visible

Posted at 20:05h in Voluntary Exchange Sources by one80Admin

“We believe that hindsight will show the champion of head-smacking craziness in the American stock market to be the period playing out right now.”~ Paul Singer, letter to Elliott Management shareholders, January 28, 2021 Who says finance has to be boring? Investing is often like watching...

01 May Economic Lessons from COVID-19

Posted at 20:04h in Voluntary Exchange Sources by one80Admin

One of the most important things economists can do in a pandemic is not forget what we know. We know that central planners don’t have enough information and insight about the lives and activities of 330 million people to plan those lives in a thoughtful...

30 Apr Dante’s Divine Comedy | Official Trailer

Posted at 15:19h in Voluntary Exchange Sources by one80Admin

Pursue an education in liberty and divine love in Hillsdale’s newest free online course, “Dante’s Divine Comedy.” The course is set to be released on May 25. Visit https://ift.tt/3eKnbe7 today to reserve your spot for this journey through the afterlife.Support Hillsdale College: https://ift.tt/3d2CywHVisit our website:...

30 Apr When Politicians Say Fair Tax, They Only Mean More Tax

Posted at 15:12h in Voluntary Exchange Sources by one80Admin

Politicians never seem to have much trouble telling us they want to raise taxes. It seems to come as naturally to them as breathing does to the rest of us. They do their level best to keep the spotlight on “the rich,” of course, who...

30 Apr Deirdre McCloskey and the Tremendous Power of Talk

Posted at 15:11h in Voluntary Exchange Sources by one80Admin

When I read Deirdre McCloskey’s 2006 The Bourgeois Virtues soon after it was published, I was impressed. But when, four years later, I read her follow-up 2010 Bourgeois Dignity, I was gobsmacked. Few books have had as big an impact on my worldview as has...

30 Apr The Blockchain and the Future of Everything

Posted at 15:11h in Voluntary Exchange Sources by one80Admin

Writing, money, and ledgers, are the three basic building blocks that allowed humanity to progress past the days of foraging for berries and hunting wild game to the advanced global civilization we are today. Writing allowed us to convey knowledge and information that made it...

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