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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Russ Roberts. Show all posts

Showing posts with label Russ Roberts. Show all posts

Wednesday, February 20, 2013

Quote of the Day: The Ethics of Minimum Wage

The biggest problem I have with the standard analysis of the minimum wage–on either side of the ideological divide–is that it shows a cert...

Saturday, November 10, 2012

Quote of the Day: Big Government Destroys Systems of Interaction and Help

I want collective action that is voluntary not coerced. I want people to have the incentive to come together and help others. Government t...

Monday, November 05, 2012

Quote of the Day: Pollsters Find Comfort in a Crowd

Pollsters don’t like being very different from their competitors so they often fudge the turnout numbers so they don’t go out on a limb. G...

Wednesday, June 30, 2010

The Revivalism of Friedrich Hayek's Ideas

Great stuff by Professor Russ Roberts at the Wall Street Journal on "Why Friedrich Hayek Is Making a Comeback" (all bold highlight...

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