Showing posts with label Don Boudreaux. Show all posts
Showing posts with label Don Boudreaux. Show all posts
Wednesday, May 04, 2016

Why the Election Winner Through Plurality Votes Is Not the Preferred Candidate

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Elections function as an outlet for regime change through peaceful means.  Yet democratic elections are supposed to "represent&quo...
Friday, April 15, 2016

Quote of the Day: Why Drinking Water is Not a Public Good

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A public good, according to Econ 101, has two specific characteristics: it is (1) non-excludable and (2) non-rivalrous in consumption. ...
Monday, March 07, 2016

Quote of the Day: The Difference Between Minimum Wages and Free Markets on Unemployment

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Professor Don Boudreaux at the Cafe Hayek provides an awesome explanation : (bold mine) (1) The unemployment caused by a minimum wage is...
Wednesday, February 17, 2016

Quote of the Day: The Phrase “Consumption-Based Economy” as Commonly Interpreted is Bass-ackwards

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Professor Don Boudreaux at the Cafe Hayek debunks a populist myth used to justify state interventionism:  The phrase “consumption-based...
Wednesday, February 10, 2016

Quote of the Day: Against Political Romanticism

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At the Cafe Hayek, Professor Don J Boudreaux explains why he isn't a political romanticist I’m afraid that I don’t share your enthusi...
Thursday, December 03, 2015

Quote of the Day: The Worst Environmental Calamity Is The Absence of Capitalism

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Filth, hunger, short life expectancy, illiteracy, subjugation of women, sanguinary conflicts over scarce resources – these horrors are not...
Tuesday, November 10, 2015

Quote of the Day: The Economics of the Dull Cookbook Memorizer

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At the Cafe Hayek , Professor Don Boudreaux splendidly differentiates 'Knowing about economics' from 'Knowing economics'. (...
Thursday, October 15, 2015

Quote of the Day: The Difference between Marketists and Statists

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At the Cafe Hayek , Professor Don Boudreaux differentiates free marketers "marketists" and collectivists "statists" ...
Friday, July 18, 2014

Quote of the Day: Protectionism

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Protectionism is government intimidation unleashed against consumers to oblige them to buy products that they prefer not to buy. Protecti...
Friday, June 27, 2014

Video: Cafe Hayek's Don Boudreaux on The Hockey Stick of Human Prosperity

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Cafe Hayek's Don Boudreaux explains the hockey stick of human progress. (from Marginal Revolution )
Thursday, April 03, 2014

Quote of the Day: Differentiating Law and Legislation

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Law is emergent and undesigned.  Law isn’t created; it evolves.  Legislation is created and designed.  Legislation is not law and law is ...
Wednesday, October 30, 2013

Quote of the Day: The Difference between a Politican and a Private sector CEO

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Some of the president’s most central and important claims about Obamacare are revealed now – and widely admitted – to be wrong.  If he wer...
Monday, October 07, 2013

Quote of the Day: Almost all social order emerges undesigned and unplanned

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Sadly, most people are apparently just incapable of understanding that almost all social order emerges undesigned and unplanned.  Most peo...
Friday, August 16, 2013

Quote of the Day: True Heroes

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Cowards play to the roaring crowd, and give the crowd what the crowd demands.  Cowards buy their cheap glory and security by coddling what...
Wednesday, June 12, 2013

Quote of the Day: Government is not to be trusted. Ever.

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Repeat after me: Government is power.  Government is not to be trusted.  Ever.  Even if you believe that some government is and will alway...
Saturday, April 27, 2013

Quote of the Day: Evil fueled by Nationalism

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Café Hayek’s Professor Don Boudreaux in a takedown of a book advocating immigration restrictions based on nationalism describes the “evil ...
Sunday, November 25, 2012

Quote of the Day: The Ultimate Resource is the Human Mind

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It bears repeating – and repeatedly repeating – that there is no such thing as a truly natural resource. All resources that have market v...
Tuesday, October 30, 2012

Quote of the Day: The Ethics of Speculation and Natural Calamities

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Many of the same people who today publicly encourage us to speculate (“Make sure your family has ample supplies of batteries!”) are among ...
Friday, October 26, 2012

Quote of the Day: The Knowledge Problem

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As with Hayek’s work, central to Pennington’s book is a deep understanding of the knowledge problem.  This of course involves understandi...
Saturday, May 26, 2012

Quote of the Day: Hayek’s Road to Serfdom is about Resisting Change

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Hayek never argued that the slightest deviation from laissez-faire capitalism launches a society on an unstoppable march toward tyranny. ...