Category Archives: Freedom

Harold Demsetz and the nirvana fallacy

From today’s WSJ: Harold Demsetz was one of the greatest economists of the 20th century not to win a Nobel Prize. In the 1970s he destroyed the then-dominant view that industrial monopolies or oligopolies are inherently inefficient. Companies that achieve large … Continue reading

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Only prosperity has causes

Kevin D. Williamson writes that “There is a world of miracles out there, and a darker one, too.” We know what Jane Jacobs, author of The Death and Life of Great American Cities, thought about this: “To seek ‘causes’ of poverty … Continue reading

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Twitter magic

In “Twitter Magic,” KDW writes that we’ve gone from “hocus pocus” to “hocus focus group.” In ancient magic there existed a belief in the “true name,” a signifier that is by its nature uniquely affixed to the person or thing … Continue reading

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No need to panic

Holman Jenkins thinks the latest assessment gives us a chance to think about good policy without panicking. Let’s step back for some perspective. A sizable portion of human economic activity since hunter-gatherer times has been devoted to mitigating climate risk, … Continue reading

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A “clean and well-lit prison of one idea.”

In this essay on Fusionism, the author (Jonah Goldberg) also addresses the potential for the current populist moment to derail. A little populism is a good an necessary thing; too much, and a new set of risks emerge.  At this moment … Continue reading

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“Thoughtful and intelligent – but also ignorant of the history and economics”

Columbia professor Charles Calomiris writing at E21 Socialism has existed in many forms which lie on a continuum, from the central planning nightmare of the USSR, to the Scandinavian democratic experiments of several decades ago. The idea that unites the … Continue reading

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Lonely mobs

KDW writing about the current crop of campus radicals.  (Inspired Andrew Gillum intern Shelby Shoup, who was arrested and charged with battery after assaulting some college Republicans on the campus of FSU.) Kicking her out of the university would be excessive, … Continue reading

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