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Quotation of the Day… 27 Aug 2013 | 04:18 pm
… is from pages 67-68 of Will Durant’s 1953 volume, The Renaissance: But it took more than a revival of antiquity to make the Renaissance. And first of all it took money – smelly bourgeois money…. ...
Thank Goodness NYC Rent-Control Regulation Keeps Rents in that City Low! Oh, Wait…. 26 Aug 2013 | 10:48 pm
Jim Epstein and Naomi Brockwell join forces again, this time to explain how peaceful people find and employ creative ways to strike mutually advantageous exchanges despite the fact that members of the...
Who’d a-Thunk It? 26 Aug 2013 | 09:45 pm
“The voracious need for lobbying help in dealing with ObamaCare has created a price premium for lobbyists who had first-hand experience in crafting or debating the law.” (HT Adam Simpson)
Quotation of the Day… 26 Aug 2013 | 07:51 pm
… is from page 270 of Gabriel Kolko’s important 1963 volume, The Triumph of Conservatism: A Reinterpretation of American History, 1900-1916: What the President [Woodrow Wilson] ignored, of course, wa...
Bill Niskanen Would Agree 26 Aug 2013 | 05:13 pm
Here’s a letter to the Wall Street Journal: You worry that, if approved as Chairman of the Federal Energy Regulatory Commission, Ron Binz will expand that agency’s reach well beyond its narrow mandat...
Quotation of the Day… 25 Aug 2013 | 11:20 pm
… is from page 77 of Arnold Kling’s 2006 book, Crisis of Abundance: Markets are conducive to evolutionary improvement. Government empowers those who want to resist change.
The French Model 25 Aug 2013 | 07:46 pm
Sometimes the impact of a set of policies is not obvious immediately. When Japan was riding high in the late 1980′s, a lot of people suggested that their model was one to emulate. Their public/private...
Some Links 25 Aug 2013 | 03:51 pm
Cato’s Dan Ikenson is rightly distressed that government policies in the U.S. increasingly discourage investment in America. Here’s a slice: Unlike ever before, the world’s producers have a wealth o...
Quotation of the Day… 24 Aug 2013 | 05:58 pm
… is from page 71 of F.A. Hayek’s 1960 volume, The Constitution of Liberty: Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must be...
Johnny Carson Moved the Demand Curve Outward 24 Aug 2013 | 12:10 am
Every semester I tell my Principles of Microeconomics students the following true story. One afternoon during my sophomore year of high school (1973-74), my friend Kerry Dugas and I were walking back...
