Socialists’ Claims About Capitalism 3
Behavioral economists have proven that humans are irrational. All market economics is predicated on two assumptions that are false: Humans...
Free Markets
It’s the stupidity, stupid
Over the past decade, I’ve felt like the world has become much dumber. Political decay once associated with a few...
Should we have free trade in a dangerous world?
Yes, with a very few exceptions. Every time there is a war, we see a predictable chorus of pundits calling...
Is the US government causing the chip shortage?
There’s a lot of discussion about how the computer chip shortage is causing problems for US manufacturers. But I rarely...
Different Shades of Red
A commenter to one of my recent posts blamed me forcefully for suggesting that wokism and fascism “are not so...
Let’s “curb” our enthusiasm for urban planning.
It has become fashionable to view the wealthy with suspicion. A pervasive theme among politicians is that the elite and...
Elephant Ear Sandwiches and Amazon
I’ve been going to physical therapy for my left hip and leg and realized that pretty much everything I do...
Remembering Luigi Einaudi and the Italian Economic Miracle
On this day in 1961 Luigi Einaudi (1874-1961) passed away. Einaudi was a household name for generations of Italians: a...
Businesses cooperate, politicians compete
The FT points out that US businesses wish to cooperate with China while the politicians in both parties want to...
Employers Need Employees As Much As The Reverse
It should not be a surprise, but the current high price of labor (mistakenly called a “shortage”) sheds light on...
