2016
1,270 posts
2016 1,270
December 2016
- Quotation of the Day…
- America’s Most Dangerous Cult
- Bonus Quotation of the Day…
- Some Links
- Hey, But At Least Economists Will Have More Data to Crunch!
- Quotation of the Day…
- Wacky Notions
- Quotation of the Day…
- Bad Incentives
- Some Links
- Quotation of the Day…
- An Extremely Superficial Thinker Weighs In
- Economic Shrink
- Some Links
- Quotation of the Day…
- Scott Sumner vs. Larry White
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Quotation of the Day…
- Furthermore on the Mean(s)ness of Protectionism
- Protectionism’s Mean(s)ness
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- A Note On Alleged Monopsony in Labor Markets
- “Specious Phrases to Spread Over Its Nefarious Designs”
- More on Tenure and Support for Free Trade
- Some Links
- Quotation of the Day…
- Many Unseen – But Very Real – Fellow Citizens
- Reprising Russ on Trade
- Quotation of the Day…
- Some Links
- Minimum Wages and Labor-Market Frictions
- Quotation of the Day…
- Trade Is Simply – Whenever Used – A Lowest-Cost Method of Production
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Busting More Myths About Free Trade
- Bonus Quotation of the Day…
- Why the Furious Debate?
- Quotation of the Day…
- Bonus Quotation of the Day…
- It Is, After All, Supply-and-DEMAND Analysis
- Some Links
- Quotation of the Day…
- Open Letter to Robert Romano of Americans for Limited Government
- Quotation of the Day…
- Some Links
- Ralph Raico, 1936-2016
- Please Help Support GMU Economics and the Mercatus Center at George Mason University
- The Human Side of Trade
- Quotation of the Day…
- The Choice
- Quotation of the Day…
- Trade Fallacies Galore…
- Quotation of the Day…
- Some Links
- The Importance of the Long-Run in Studying the Effects of Minimum Wages
- Quotation of the Day…
- Quotation of the Day…
- A Clarification
- Quotation of the Day…
- An Open Letter to Barry Ritholtz
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Magic Checkbooks and Demonic Checkbooks
- The Frightening Rise of Militarism
- Quotation of the Day…
- Bonus Quotation of the Day…
- More on Trump’s Carrier Deal
- Trump Negotiates a Deal To Raise the U.S. Trade Deficit!
- The Trade-Deficit Zombie Continues Its Haunting Ways
- Some Links
- Quotation of the Day…
- The Powerful Lens of Economics
- Some Links
- Quotation of the Day…
- Open Letter to “Dilbert’s” Scott Adams
- Yet Another Open Letter to Donald Trump
- An Open Letter to Dean Baker
- Two More Bits On Trade
- Some Links
- Quotation of the Day…
- Open Letter to Steve Moore
- Quotation of the Day…
- There Is No Deficit of Erroneous Thinking About Trade
- Some Links
- Quotation of the Day…
- An Open Letter to Generalissimo Trump
- Buy [fill-in-the-blank]!
- Like Dr. Frankenstein’s Creation, the Monster of Identity Politics Turns on Its Creators
- Calling Adam Smith
- Quotation of the Day…
November 2016
- On the Realism of Monopsonized Labor Markets
- Calling Mark Perry
- Marginal Analysis
- Quotation of the Day…
- Open Letter to Jared Bernstein
- Economics and Policy for a Free, Prosperous, and Peaceful Society
- Some Links
- Quotation of the Day…
- Quotation of the Day…
- Bonus Quotation of the Day…
- Perverted Perspective
- Some Links
- Beware the Bipartisan Fever for Infrastructure Spending
- Quotation of the Day…
- A Note on Export Subsidies, Predation, and the Likelihood of Harm from Genuine Monopoly Power
- Quotation of the Day…
- Some Links
- Experience Required
- Quotation of the Day…
- Quotation of the Day…
- Trump Keeps a Key Campaign Promise
- Quotation of the Day…
- Some Links
- Wall-y World
- Bonus Quotation of the Day…
- A Challenge to Mercantilists
- Who’s Responsible for Whom?
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Some Links
- Words Matter
- Quotation of the Day…
- Quotation of the Day…
- Some Links
- Shikha Dalmia on Immigration Policy
- Quotation of the Day…
- Myths About Free Trade
- Some Links
- Quotation of the Day…
- Are U.S. Trade Deficits Evidence of Excessive U.S. Consumer Indebtedness?
- A Note On Export Subsidies and Trade Policy
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Madam Warren
- Mercatus Panel on the Trans-Pacific Partnership
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Some Evidence on Competition in Labor Markets
- Quotation of the Day…
- A Note On Monopsony Power, Optimal Minimum Wages, and Policy Realism
- The Cost of Conscription
- Once Again, Economies Do Not Grow By Making Goods and Services Less Abundant
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Quotation of the Day…
- Philanthropists and Misers
- Is There a Mark Perry Venn Diagram Lurking?
- Campus Stupidity Might Drive Me Into Therapy
- Quotation of the Day…
- Some Links
- My Two Cents
- Quotation of the Day…
- I Support Government By Experts
- A Real Say Is Better Than A ‘Say’ So Diluted That It’s Imaginary
- Impoverishment ≠ Enrichment
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bloody Hypocritical!
- A Note on Monopsony and ‘Monopsonistic Competition’
- Monopsony ≠ Monopoly
- Quotation of the Day…
- Some Links
- Homers Nodded
- Quotation of the Day…
- Bonus Quotation of the Day…
- Monopsony Power? Really?
- Quotation of the Day…
- Another Open Letter to Peter Thiel
- Quotation of the Day…
- The Trade Deficit and the Budget Deficit
- Bonus Quotation of the Day…
- Open Letter to Peter Thiel
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- A Quick Note On Monopsony Power and Wage Stickiness
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
October 2016
- Mercantilism Should Be – But, Sadly, Isn’t – Washed Up
- Quotation of the Day…
- Mercantilist Burglars
- Quotation of the Day…
- Bonus Quotation of the Day…
- More Questions for Trump and Other Protectionists and Mercantilists
- Quotation of the Day…
- Some Links
- On Some Misunderstandings of the ‘Balance of Trade’
- Quotation of the Day…
- Darkness and Light
- How Transactions that Raise America’s Trade Deficit Enrich Americans
- Pay More and Receive Less Is Not a Formula for Prosperity
- Quotation of the Day…
- It Literally Hurts My Brain to Read the Economic Idiocy Emitted by Trumpkins
- The Cruelty of the Minimum Wage
- Some Links
- Quotation of the Day…
- The Price Is Right (Even When It Isn’t Agreeable)
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- You and Non-Youers
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Barry Ritholtz 1, Strawman 0
- Quotation of the Day…
- Family Feud
- Some Links
- Quotation of the Day…
- Questions for Protectionists
- A Tale of Innovation and Trade – And of Economic Error
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Dumbstruck
- Quotation of the Day…
- Open Letter to Commenter Bret Wallach
- Quotation of the Day…
- Bonus Quotation of the Day…
- The Elemental Case for Free Trade
- Quotation of the Day…
- Some Links
- Trade Deficit ≠ Debt
- Quotation of the Day…
- Bonus Quotation of the Day…
- A Mark Perry Venn Diagram Likely In the Making
- Trade & Jobs Myths Busted in About Two Minutes
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Some Links
- Driving an Important Point Home
- Quotation of the Day…
- Oh How I Wish that Julian Simon Were Still Alive
- Quotation of the Day…
- Some Links
- Another Open Letter to Hillary Clinton
- On the 2016 Economics Nobel Award
- Quotation of the Day…
- Bonus Quotation of the Day…
- Posthumous Nobels
- Some Links
- Josiah Quincy on Trade Restrictions
- Quotation of the Day…
- Non-Youers’ Trade Deficit With You
- Bonus Quotation of the Day…
- Some Links
- Pricing the Poorest Out of Opportunity
- Quotation of the Day…
- Bonus Quotation of the Day…
- Trade and Unemployment in a Country
- Some Links
- A Telling Contrast
- Quotation of the Day…
- Bonus Quotation of the Day…
- Hypocritical Hillary
- Another Open Letter to Nick Hanauer
- Quotation of the Day…
- Some Links
- The Price of Ignoring History
- Chris Coyne on the Best Way to Lift People Out of Poverty
- Bonus Quotation of the Day…
- Women of the Gulag
- Leaders Who are Ignorant of Economics Pose an Even Greater Danger to Society
- Quotation of the Day…
- Learn Liberty Livestream this Afternoon
- PAEG Event on Capitol Hill
- Paper on Deirdre McCloskey’s Bourgeois Trilogy
- Quotation of the Day…
- Johan Norberg on Trumpian Myths About Globalization and Trade
- Quotation of the Day…
- The Nobel Prize in Economics…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Populism Is Poisonous
- Bonus Quotation of the Day…
- What Theory of Prices Are These People Using?
- Mercatus Center Trade Policy Event on October 6 on Capitol Hill
- Some Links
- Quotation of the Day…
- Quotation of the Day…
- Some Links
- Quotation of the Day…
September 2016
- Some Links
- The Silence of the Wolves
- Quotation of the Day…
- Quotation of the Day…
- Open Letter to Trump Economic Advisor Peter Navarro
- The Myth of Canada’s Stagnating Middle Class
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Economists’ Normative Case for Government Intervention is a Very Poor Positive Theory of that Intervention
- There’s Nothing Special About Voting
- Thank Goodness Government Isn’t as Involved in the Food-Service Industry as it is in the Health-Care Industry
- Quotation of the Day…
- Surprising Agreement!
- Free Trade: A Prosperity Machine
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- More On Why I Don’t Vote
- Some Links
- Quotation of the Day…
- Richard Epstein Talks With Reason’s Nick Gillespie
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- My Minimum Wage Debate with Mike Konczal
- A June 2001 Lecture In Dax, France
- Optimistic About the Future
- Boulders, Mud, Mines, Tariffs – Different Means of Achieving the Same End
- Quotation of the Day…
- Some Links
- Voting With Bryan Caplan
- Getting the Economics Correct
- Quotation of the Day…
- Questions for Hillary Clinton
- Some Links
- Open Letter to EPI’s Lawrence Mishel
- Quotation of the Day…
- Bonus Quotation of the Day…
- More Silly Arguments About Walmart
- Some Links
- Quotation of the Day…
- Defending Middlemen
- More Revealing than Its Producers Realize
- Quotation of the Day…
- Sound Economics Protects Us from Locos
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Politicians and Nigerian Princes
- I Just Can’t Not Address This Comment….
- Quotation of the Day…
- Sorry to Have to Tell You: You’re Rich
- More Probing Questions
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Minimum Hourly Thievery
- Not All Facts of Reality Are Relevant for Drawing Policy Conclusions
- Some Links
- Quotation of the Day…
- Be Prepared
- Quotation of the Day…
- Protectionism Is a Means of Stealing That Which Suppliers Are Unwilling to Purchase
- Quotation of the Day…
- Blinded By the Seemingly Obvious
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Thomas Hutcheson’s Repeated Question Has Been Repeatedly Addressed
- Quotation of the Day…
- Some Questions for Trump Supporters
- Another Question for Minimum-Wage Proponents Who Deny that this Policy Destroys Jobs
- The Unsound Economics and Careless Ethics of Minimum-Wage Proponents
- Some Links
- Quotation of the Day…
- A Milton Friedman Montage
- Jeff Flake Is One Of the Few National Politicians Worthy of Respect
- Bonus Quotation of the Day…
- Politicians Lie Openly and Such Behavior Is Excused Because It’s ‘Normal’
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- “If You’re Doing Nothing Wrong….”
- Does Changing Your Mind Imply that In the Past You Were Unethical?
- Two Great Economists and Me
- Have You Ever Heard Of Joe Sutter? You Should.
- Quotation of the Day…
- George Selgin on Trump Advisor Peter Navarro
- A Public Choice Primer
- Bonus Quotation of the Day…
- Economic Cluelessness on Prominent Display
- Deirdre McCloskey in the New York Times
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Thinking At the Margin: It’s Revolutionary
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
August 2016
- Some Links
- John and Jane Doe of Anytown, USA, Worry About Middle-Class Stagnation As They Read Reports of It On Their IPads as They Wait to Board Their Flight to Cancun
- Quotation of the Day…
- Bonus Quotation of the Day…
- Yet Another Cheaply Asserted Profit Opportunity
- Let R=Rigor Let M=Mathematics: R≠M
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Devilish
- My Big Six (or Eight)
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Science: A Short Story
- The Role of Prices
- Quotation of the Day…
- What’s the Big Idea?
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Trade-Adjustment Assistance Is Unethical and Uneconomical
- Quotation of the Day…
- Some Links
- No Laffer-ing Matter
- Bonus Quotation of the Day…
- Incarcerating US
- Some Links
- Quotation of the Day…
- Let’s Change the “Change the World” Obsession
- Some Links
- He May Be a Champion of the Rule of Legislation, But He’s No Champion of the Rule of Law
- Protectionism is Robbery
- Quotation of the Day…
- Minimum-Grade Legislation, Revised Edition
- “That’s Just a Theory”
- Some Links
- Some Unintended Ill-Consequences of Obamacare
- Why the Worst Get On Top: Class of 2016
- Quotation of the Day…
- My New Favorite Political Cartoon
- Bonus Quotation of the Day…
- Quotation of the Day…
- As Moldly Carpets Inevitably Follow a Flood…
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Open Letter to Jason Furman
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- The Economic Logic of Robots
- Robots Are Nothing New
- Some Links
- Quotation of the Day…
- Foreign Subsidies Do Not Justify Protectionist Policies
- Some Links
- Quotation of the Day…
- OMG! We’re Not Paying Enough!
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Minimum Wages Supported by Minimal Scientific Sophistication (Though With Maximum Scientific Pretension)
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Some Links
- Part of the Provenance of Protectionism
- Quotation of the Day…
- Bonus Quotation of the Day…
- Very Bad Framing, or In Defense of “Let the Market Handle It”
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- What a World!
- Violence Veiled and Sweetly Named Is Violence All the Same
- Some Links
- Quotation of the Day…
- The Foundational Economic Case for Free Trade
- Adam Smith Knew All This
- Worst Books
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Reaction
- Recessions Do Not Weaken the Case for Free Trade
- Some Links
- Quotation of the Day…
- Social Engineering Is No Less Cruel When Dressed in 21st-century Pieties Than It Was When Dressed in 20th-century Pieties
- So, When DO Firms Start to Respond to Higher Costs?
- Quotation of the Day…
- Bonus Quotation of the Day…
- Penn Jillette Talks With Reason’s Nick Gillespie
- Quotation of the Day…
- Some Links
- Yet Again: There’s Nothing Particularly Unique About Trade that is International
- Trump’s “Economics” Team
- Quotation of the Day…
- Unfit for the Presidency
- The Unseen Negative Consequences of the New Overtime-Pay Diktat
- A Pitch for Humility
- Some Links
- Who’d a-Thunk It?
- Quotation of the Day…
- Almost All Imports Are Inputs
- There’s No Substitute for Sound Analysis
- Some Links
- Quotation of the Day…
- The Unscientific Foundation of All Wage, Price, and Contract-term Controls
- FREe TRaDE
- Quotation of the Day…
- Some Links
- “I Can Imagine” Is Not a Valid Argument
- The Myth of the Low-Wage Advantage
- Some Links
- Quotation of the Day…
- Political Borders Cause Many People’s Reasoning Powers to Malfunction
- Dan Griswold Busting Myths
- Quotation of the Day…
July 2016
- A Landsburg Blast from the Past on Trade
- Pity the Misunderstanding
- Milton Friedman Discusses Free Trade
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- A Note On Minimum Wages and Output Prices
- Quotation of the Day…
- Some Links
- The Real Cancer Is Historical and Economic Ignorance
- A Letter to “a Trump Man”
- Mooching Isn’t Magnanimity
- A Mark Perry Venn Diagram?
- Economic Growth Cleanses the Environment
- Quotation of the Day…
- Bonus Quotation of the Day…
- Disheartening
- Some Links
- Quotation of the Day…
- As Deirdre McCloskey Puts It, Real Economists Stay Past the First Act
- Some Links
- Quotation of the Day…
- A Taxing Title
- Local Self-Reliance, Nationally Imposed
- “Sustainability” is Fishy
- Some Links
- Quotation of the Day…
- Milton Friedman on Trade and Consumer Sovereignty
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- F&#$ Fifteen!
- Calvin Coolidge for President
- Quotation of the Day…
- Quotation of the Day…
- Bonus Quotation of the Day…
- Put Me Into a Coma Come Jan. 20th.
- Some Links
- Trade Is Not War
- Quotation of the Day…
- “Why Haven’t We Been Taught This Material Until Now?”
- Some Links
- Some Choice
- Quotation of the Day…
- The Correct Economic Case for Tax Cuts Has Nothing To Do With Aggregate Demand
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- “They’re Never Satisfied”
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- My Son – Now a Man – Has Learned These Lessons
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- If Only We Could Be Protected From the Disease of Rent-Seeking
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- A Curious Inconsistency
- If She Can’t Figure Out How to Properly Use E-mail, How Can She Know Enough to Perform the Multitude of Marvels that She Promises to Perform?
- Quotation of the Day…
- Quotation of the Day…
- Quotation of the Day…
- Quotation of the Day…
- Bonus Quotation of the Day…
- Free Traders Respect Ordinary People
- Some Links
- Quotation of the Day…
- Johan Norberg on Child Labor
- Public Choice Economics
- What Do James Comey and the Leadership of the American Economic Association Have in Common?
- Quotation of the Day…
- Political Standards
- Planned Confiscation of Other People’s Money
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Hillary Regina
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Some Links
- Quotation of the Day…
June 2016
- Some Links
- An Economy Is Not a Business
- Quotation of the Day…
- Slowing Economic Growth to Clean the Environment Will Dirty It More
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Join Us
- Waving Magic Wands in Montgomery County, Maryland
- Quotation of the Day…
- Pity the French Consumer and Worker
- Some Links
- Quotation of the Day…
- More Thoughts on Economic Inequality
- Some Links
- Quotation of the Day…
- One Who Lives In a Glass House….
- Some Links
- The Idiocy of Mercantilism
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- What the World Looks Like to Someone Who Doesn’t Understand Economics
- A New Example to Use in My Economics Classes
- Quotation of the Day…
- Do You Believe in Magic?
- A Note On Cost-Benefit Analysis
- Dispelling Some Myths About Mexican Immigrants to the U.S.
- Some Links
- Quotation of the Day…
- Why I Do Not Vote
- ‘We Were Just Standing There When, Boom!, These Savings from Afar Fell and Crushed Us!’
- Election Issues
- Some Links
- Quotation of the Day…
- David Boaz on Trump vs. Clinton
- The Core Point
- Again, You Can’t Keep Kosher If You Insist that Your Diet Include Ham
- Quotation of the Day…
- An Increase in Real Spending Requires (It Does Not Cause) An Increase in Real Output
- Quotation of the Day…
- Quotation of the Day…
- Some Links
- No Witz About Trade
- David Glasner on the Absurdity of Worrying About Trade Deficits
- Doux Commerce, avec Sourires
- Quotation of the Day…
- Some Links
- Yet More Deficient Understanding of Trade
- Quotation of the Day…
- Who’d a-Thunk It?
- Some Links
- Quotation of the Day…
- The Genius of Armen Alchian
- Some Links
- Quotation of the Day…
- Reality Isn’t Changed Simply by Renaming It
- Bonus Quotation of the Day…
- A Note on Perfectly Inelastic Supply of Rental Housing and Welfare Losses
- Does An Aging Population Justify Trade Restrictions?
- Minimum-Wage Supporters Believe in Miracles
- Quotation of the Day…
- Some Links
- The Reality of Child Labor
- Quotation of the Day…
- Comparing Wins and Losses from Free Trade and Minimum Wages
- Kevin Dowd on Paul Krugman
- A Lovely Lady
- Quotation of the Day…
- Some Links
- Reason Women Express Their Pride that A Woman Might Well Be the Next POTUS
- Quotation of the Day…
- Academic Arrogance At Work
- Some Links
- Quotation of the Day…
- The Point of the Pencil Account
- Some Links
- Quotation of the Day…
- Another Open Letter to John Oliver
- Quotation of the Day…
- Protectionism Is Economic Terrorism
- Some Links
- Quotation of the Day…
- Quotation of the Day…
- Demand (A Post for Economists)
- Life-Expectancy in the U.S., 1900-2014
- Quotation of the Day…
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Some Questions for “Progressives” (and Others) Who Support Tariffs and Minimum Wages
- Some Links
- Quotation of the Day…
- If Donald Trump Is an Economic Genius, Then Your 100-year-old Aunt Is a Medical Genius
May 2016
- Some Links
- Quotation of the Day…
- My Son and I Are Inspired by McDonald’s to Discuss Economics
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Voluntary Trades Are Each A Cost-Benefit Test
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Getting Trade Straight
- Quotation of the Day…
- What’s Good for the Goose Is Good for the Gander
- Protectionism
- “GMO’s are Dangerous!” – Not
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- How About Some “Landlord-Protection” Legislation?
- Quotation of the Day…
- Still Putting At Risk the Well-Being Only of Other People
- Commence to Humility
- Quotation of the Day…
- Repeat After Me: There Is Nothing Unique About Competition that Happens to Come from Across a Political Border
- Quotation of the Day…
- Bonus Quotation of the Day…
- Worker Bargaining Power Comes Chiefly From Employers’ Competition for Workers
- Some Links
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Venezuela’s Economic Calamity Caused No Surprise At Cafe Hayek
- Seeing Some of the Unseen Effects of Imprudent – and Officious – Labor Regulations
- Deirdre McCloskey in Today’s Wall Street Journal
- Joseph Stiglitz Praised Hugo Chavez’s Economic Policies
- Quotation of the Day…
- Krugman Flunks Basic Labor Economics
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Help Unattractive Men With Minimally-Attractive-Women Requirements!
- Don’t Trash Market Forces
- Some Links
- Quotation of the Day…
- Open Letter to Hillary Clinton
- Blowing Socks from the Poodle Fuss
- Quotation of the Day…
- Bonus Quotation of the Day…
- What to Say?
- Competition Should Trump
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- The Jokes Are On Us
- Left Behind
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- Will Rushkoff & Co. Put Their Money Where Their Mouths Are?
- Richard Epstein on What’s Wrong With Labor Unions
- Loco-nomics
- Quotation of the Day…
- Bonus Quotation of the Day…
- A Reply to a Douglas Rushkoff Fan
- Counting the Errors…
- Quotation of the Day…
- Bonus Quotation of the Day…
- Alex Nowrasteh Delivers Today’s Commencement Address…
- Some Links
- Rushkoff Is Old Enough to Remember the 1970s….
- SayReal Puts the Inspiring Pro-Freedom Words of Frederick Douglass to Music
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Uber’s Prices Are Both Too Low AND Too High (Apparently)
- Quotation of the Day…
- Uber Idiotic
- Minimum-Wage Proponents Are Dead Wrong …
- Maximum-Wage Policies and Trade
- Quotation of the Day…
- Bonus Quotation of the Day…
- Both X and Not-X Are True (Apparently)
- Some Links
- Words Have Meaning. (Or Perhaps That’s a Capitalist Plot)
- Quotation of the Day…
- The “I”s Have It
- Economic Illiteracy on Steroids
- Crying Crocodile Tears
- Some Links
- Quotation of the Day…
- Like My Post
- Quotation of the Day…
- Word Salad
- The Illogic of the Case for the Minimum Wage
- Quotation of the Day…
- Who’d a-Thunk It?
- A Implies Not-B. Rushkoff Says that A and B Exist Together In Reality
- Quotation of the Day…
- There Might Here Be Both Bootleggers and Baptists
- On the Fracas Over the Name of the George Mason University School of Law
- As Compared to What?: FDA Edition
- Quotation of the Day…
- “Goldman Sachs Is a Public Service. Wal-Mart Is a Public Service.” Yes.
- Original Resource Location Is Irrelevant
- Program on the American Economy and Globalization
- Quotation of the Day…
- McCloskey in Romania
- Happy Days – Not
- What Does A Trump Plurality Mean?
- Quotation of the Day…
- Some Links
- The Books Just Keep Getting Worse
- Bonus Quotation of the Day…
- Some Links
- A Much Better Option
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Bonus Quotation of the Day…
April 2016
- Quotation of the Day…
- Are Pecuniary Externalities Externalities?
- Machine Politics
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- I Oppose A Universal Basic Income
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- The Reality of Subsidies
- Imperfect!
- Some Links
- Quotation of the Day…
- A Proposed Minimum-Wage Experiment
- Some Links
- My Dad
- Quotation of the Day…
- He Said It!
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Theocracy In 21st-century USA
- Saviors Need Victims Who Need Saving
- Cleaned by Capitalism XXXVIII
- Quotation of the Day…
- Bonus Quotation of the Day…
- Last Day to Apply for 2016 IHS Summer Seminars
- There Ain’t No Such Thing As Free College Education
- No. Just No.
- Some (Mostly Earth Day) Links
- Quotation of the Day…
- Quotation of the Day…
- A Note on Phishing for Phools
- Johan Norberg on Why It’s Dead Wrong to Fret Over Today’s Inequality
- Two Readers Write on the Minimum Wage
- Quotation of the Day…
- Bonus Quotation of the Day…
- Long Ago on the Long Run
- Yet More On the Alleged Gender Pay Gap
- Some Links
- Quotation of the Day…
- A Note on the Pay Gap
- If You Have No Good Intellectual Arguments, Accuse Your Opponents of Being Shills
- Some Links
- Quotation of the Day…
- The ‘Disappearing’ American Middle Class
- Quotation of the Day…
- This Dangerous Horse Appears, Alas, to Be Immortal
- Quotation of the Day…
- These People Know No History
- Some Links
- Quotation of the Day…
- More on (Guess What?) the Minimum Wage
- Water Is Not a Public Good
- What Right?
- Quotation of the Day…
- Bonus Quotation of the Day…
- Questions For Those Who Believe that Women Are Underpaid
- What If Private Entrepreneurs Behaved Like Politicians, Pundits, and Professors?
- Some Links
- Quotation of the Day…
- The Dignity of Free Trade
- Bonus Quotation of the Day…
- Political Borders’ Continuing Economic Irrelevance to Trade
- All At Once
- Some Links
- Quotation of the Day…
- Gains
- Quotation of the Day…
- Free Iran
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Economics Is Chiefly About Asking Probing Questions
- Some Links
- Quotation of the Day…
- Employment-Contract Terms Are Not Arbitrary
- Quotation of the Day…
- Dastardly Politician
- Quotation of the Day…
- Alex Tabarrok on Price Floors and the Minimum Wage
- Bonus Quotation of the Day…
- Open Letter to Robert Romano
- A Swede Quickly Corrects Misperceptions of Sweden
- Beating the Zombie Horse
- Quotation of the Day…
- Bruce Yandle on Bootleggers & Baptists
- The Obama Administration Works Overtime to Harm Workers
- Some Links
- Quotation of the Day…
- The Rising Prosperity Pool
- Some Links
- Getting More In Exchange for Less Is Good
- Where Ms. Clinton’s Logic Leads
- Quotation of the Day…
- Rerun: A 2011 Open Letter to Donald Trump
- Open Letter to the DC Metro Board Chairman
- Local Leviathan
- Quotation of the Day…
- Bonus Quotation of the Day…
- Commerce and Force
- Quotation of the Day…
- Response to A Critic
- Quotation of the Day…
- What’s the Baseline?
March 2016
- An Open Letter to Arindrajit Dube
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Positive!
- A Student’s Question About the Minimum Wage
- Quotation of the Day…
- Bonus Quotation of the Day…
- The Logic of Mr. Krugman’s Mercantilism
- Dr. Krugman Was Much Better At Defending Free Trade Than Is Mr. Krugman At Defending Mercantilism
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- How Consistent Is Mr. Krugman?
- Money Doesn’t Grow On Trees, But….
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- The Essence of Protectionism
- Quotation of the Day…
- Bonus Quotation of the Day…
- Countervailing Economic Misunderstanding
- Norman Borlaug Did Build That
- The (Truly) Great Game
- Quotation of the Day…
- Some Links
- Two Profiles
- Quotation of the Day…
- Bonus Quotation of the Day…
- A Rising U.S. Trade Deficit Does Not Mean Rising American Financial Obligations to Non-Americans
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- I Wish That I Were In Need of Such ‘Protection’
- Some Links
- Quotation of the Day…
- Freedom Has Positive Externalities
- Reich Is Repeatedly Wrong
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Young Lauren Chilton Visits Cuba
- Successful Politician
- Some Links
- Quotation of the Day…
- If Government Can Work Miracles….
- Some Links
- Quotation of the Day…
- Markets Are Forward Looking (And That’s Good)
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Russ Talks with David Autor
- Quotation of the Day…
- Bonus Quotation of the Day…
- Ruin Me!
- Some Links
- My Mom
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Rockefeller’s Two-Wheeler
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- The Essence of the Case for Free Trade
- Some Links
- Quotation of the Day…
- Yet Another Open Letter to Paul Krugman
- Quotation of the Day…
- Ian Vásquez Remembers Giancarlo Ibarguen
- Amity Shlaes on One of the Few Decent Human Beings Ever to Be U.S. President
- Giancarlo Ibarguen, R.I.P.
- Some Links
- Still, Pinestraw for President!
- Pinestraw for President!
- Quotation of the Day…
- Garrote Me… No, Burn Me Alive… No, Wait, Garrote Me…. Hold That; the Stake….
- Hillary Clinton’s Duplicity
- The Seen and the Unseen of Electric Cars
- Some Links
- Decreased Access to Goods and Services Is a Curse, Not a Blessing
- Quotation of the Day…
- Another Open Letter to Bernie Sanders
- Quotation of the Day…
- A Neighborhood Tale
- A New Study of the Consequences of Minimum Wages
- Quotation of the Day…
- Comparing the Unemployment Caused by Minimum Wages to the Unemployment “Caused” by Free Trade
- A Phishy Thesis
- Quotation of the Day…
- Interpreting Statistics Correctly Is No Mean Feat
- Some Links
- Quotation of the Day…
- A Shipload of Ignorance
- The Entitled and the Unentitled
- Quotation of the Day…
- Bonus Quotation of the Day…
- I Order You to Read This!
- Colleagues’ Reflections on Donald Trump
- Some Links
- Apparently, Firms Respond to Incentives Only Occasionally
- Quotation of the Day…
- Billionaires All (Or Practically So)
- 1970s and Today
- Some Links
- Quotation of the Day…
- Make Donald Drumpf Again
February 2016
- I Begin to Tire…
- Is Donald Trump “Entertaining”?
- Some Links
- Quotation of the Day…
- Apparently, the Gray Lady’s Editors Have No Capacity to Reason
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Quotation of the Day…
- The Virus of Price Controls
- Quotation of the Day…
- Some Links
- Hindurance to Trade
- Sweatshops Help the Poor
- Quotation of the Day…
- Bonus Quotation of the Day…
- Each American Today Has More Servants Than Did J.D. Rockefeller
- Some Links
- Quotation of the Day…
- An Ocean Consists Mostly of Countless Drops of Water
- Some Links
- Brand Names At Work
- Quotation of the Day…
- Some Links
- Forward to the Future
- Quotation of the Day…
- Most Ordinary Americans in 2016 Are Richer Than Was John D. Rockefeller in 1916
- Quotation of the Day…
- Hands Off
- Some Links
- We’ve Been Down This Road Before
- Quotation of the Day…
- DisCovering Manipulation
- On the Science of Social Engineering
- Quotation of the Day…
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- A Lousy Way to Make Most Decisions
- Bonus Quotation of the Day…
- At a Minimum, I Repeat Myself
- MPS Hayek Essay Prize Contest
- Some Links
- Quotation of the Day…
- Maximum-Wage Legislation
- Bonus Quotation of the Day…
- Success At Business Does Not Imply Knowledge of Economics
- Some Links
- Quotation of the Day…
- What Trump Proposes Is a Crony-based Economy
- Evidence that Donald Trump Is As Ignorant of Economics As Is Bernie Sanders
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- The Case for Pres. Trump?
- Trade Deficits and C+I+G+(X-M)
- Will the Internet Doom Bourgeois Culture?
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- If Only We Were Much Poorer, We, Too, Would Enjoy “Unfair” Economic Advantages!
- Trumping Trump
- Some Links
- Yet Another Person Who Insists On Putting Other People’s Money Where His Mouth Is
- Quotation of the Day…
- Here’s How A True Economist Evaluates Recycling
- Broken Window
- Some Links
- A Nation Isn’t A House
- A Letter to a Political Romantic
- Quotation of the Day…
- Five Wacky Notions Believed By Many Economists
- McCloskey on Mill On Liberty – and on Trade
- Some Links
- Quotation of the Day…
- Yet More On the Alleged “Losers” From Free Trade
- Quotation of the Day…
- Free Trade and Its Alleged “Losers” (Again)
- Quotation of the Day…
- This Picture Is Worth 895 Words
- Quotation of the Day…
- Groupthink
- No Longer An Excuse Not to Start Your Own Monopsony-Power-Exploiting Company
- Some Links
- Quotation of the Day…
- Six Months And Still No Minimum-Wage Proponents Putting Their Money Where Their Officious Mouths Are
- Bonus Quotation of the Day…
- Some Links
- Quotation of the Day…
- John Cleese on the Tyranny of Political Correctness
- Anti-Immigration Is No Laughing Matter
- Hanauer’s Opinion Is Lightweight – Indeed, It’s Weightless
- What I Hold In Contempt Is Economic Error
- Who Views Ordinary People With Contempt?
- Quotation of the Day…
- Loco 2
- Anecdotes Aren’t Data, But They Can Nevertheless Be Legitimate Evidence
- Makes Me Cringe
- John Tamny On Modern Conservatism’s Confused Opposition to Immigration
- Quotation of the Day…
January 2016
- On Net-cruelty
- Quotation of the Day…
- What ARE They Thinking?
- Quotation of the Day…
- Another Open Letter to Barack Obama
- Some Links
- Quotation of the Day…
- The Low-Down on Wages
- No Economist Should Not Know the History of Economic Thought
- Which Way Flow the Equity Investments in Manufacturing?
- Rattner’s Focus Is Too Narrow
- Flush With Prosperity
- Quotation of the Day…
- Rattner Should Read Adam Smith
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Bonus Quotation of the Day…
- Anyone But Trump
- Some Links
- Quotation of the Day…
- More On the Dangerous Donald Trump
- Trump Is An Enemy of Private Property Rights
- The Wonder of Market-Set Prices
- Quotation of the Day…
- The Trumpians’ Creed
- Some Links
- Quotation of the Day…
- Open Letter to Stephen Hawking
- Some Links
- Quotation of the Day…
- The Problem Is Power Itself
- It’s Too Easy Too Spend Other People’s Money
- Quotation of the Day…
- Some Links
- Quotation of the Day…
- Priceless – As in “Without Value” – Perfection
- Economic Stagnation?
- Quotation of the Day…
- Time, Incentives, Expectations, Marginal Costs, and Prices
- A Useful Analogy
- Some Links
- Quotation of the Day…
- On Sumner on Card & Krueger
- Do Minimum-Wage Hikes Increase Total Spending?
- Quotation of the Day…
- Nock On-Line
- Some Links
- Quotation of the Day…
- People Produce As Well As Consume
- Demand. That’s All that People Who Don’t Understand Economics See As Being Relevant
- Some Links
- Quotation of the Day…
- Struck a Nerve
- The Cruelty of the Minimum Wage
- What Matters Is the Decision-Making Setting
- Quotation of the Day…
- Nathan Smith’s Powerful Case for Open Borders
- Some Links
- So You Want to ‘Redistribute’ More Wealth, Do You?
- Quotation of the Day…
- The Sorry State of American Politics
- Some Links
- Quotation of the Day…
- Want to Stay Comfortable? Ask Government to Mandate Temperature Controls on Thermometers
- Some Links
- A Mental Experiment for Those Who Deny that Minimum Wages Destroy Jobs
- Quotation of the Day…
- Quotation of the Day…
- Some Links
- Bonus Quotation of the Day…
- I Don’t Deny That SOMETHING Is Being Manipulated
- Slaughtering the Myth of Chinese Currency Manipulation
- Some Links
- Quotation of the Day…
- Stop Laughing At the Cultists in North Korea
- I Realize That It Contradicts a Fundamental Tenet of Public-Finance Theory
- How About Minimum-Handout Legislation?
- Quotation of the Day…
- The Tragedy of “Liberal” Interventionism
- Some Links
- Quotation of the Day…
- A Letter to a Fellow Cajun
- Social Security Is A Bad Deal
- Quotation of the Day…
- Economists Should Study History
- How Rich Are Americans?
- Listing Consumption Differences
- Some Links
- Quotation of the Day…
- More From Jeffrey Clemens on Minimum Wages
- No Seller Has a Right to a Buyer’s Income
- 3 of 30 Under 30!
- Quotation of the Day…
- Minimum Wages: Making the Economy Safe for Bigots
- Trade-Offs, Not Solutions
- Quotation of the Day…
- Banking on Economic Ignorance
- Some Links
- Juan Carlos Cachanosky
- Quotation of the Day…
- More on Minimum Wages, Income Distribution, Value Judgments – and the Limitations of Econometrics
- Quotation of the Day…