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27 февраля, 19:40

Good for Harvard

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(Don Boudreaux) TweetPhil Magness explains clearly why Harvard University’s upper administration was very well justified in denying an appointment to Gabriel Zucman, whose data-manipulation antics can be explained as nothing other than being ideologically driven. Read Phil’s piece in its entirety.

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27 февраля, 18:06

Some Links

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(Don Boudreaux) TweetMy intrepid Mercatus Center colleague Veronique de Rugy busts more myths about government-orchestrated paid leave. A slice: Among the most common claims used to make the case for government provision of paid leave is that not every working woman gets paid leave, which supposedly demonstrates a market failure. Still, data show that 63% of women […]

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27 февраля, 17:04

Pittsburgh Tribune-Review: “Read these books!”

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(Don Boudreaux) TweetIn my column for the July 9th, 2008, edition of the Pittsburgh Tribune-Review, I recommended some good books. You can read my recommendations, with a link added and typos corrected, beneath the fold.

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27 февраля, 12:45

Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 287 of Matt Ridley’s indispensable 2010 book, The Rational Optimist (link added): ‘We cannot absolutely prove,’ said Macaulay in 1830, ‘that those are in error who tell us that society has reached a turning point, that we have seen our best days. But so said all who came before us, and […]

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27 февраля, 03:01

At Least Listen to Adam Smith

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(Don Boudreaux) TweetHere’s a letter to American Affairs: Editor: Put aside the questionable accuracy of Michael Lind’s suggestion that a significant fraction of Democrats are embracing “economic neoliberalism” while Republicans are having a “fling with radical free market libertarianism” (“Tripartism, American Style: The Past and Future of Sectoral Policy,” Spring 2020). Instead, focus on the utter vacuity […]

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27 февраля, 01:20

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 139 of my former professor Randy Holcombe’s 2018 book, Political Capitalism: How Economic and Political Power is Made and Maintained: Ultimately, votes [in the legislature] are currency and the legislature has few enough members that they can keep track of IOUs and make sure that debts are paid. If they are […]

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26 февраля, 16:47

“People Are Too Healthy!” Complains the Physician

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(Don Boudreaux) TweetHere’s a letter that I sent several days ago to the New York Times: Dear Editor: Farhad Manjoo complains that public support for using antitrust to break up Amazon is being made too weak by Amazon’s good customer service – service that, according to Mr. Manjoo’s own descriptions, is jaw-droppingly excellent (“The Trouble With Breaking […]

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26 февраля, 14:55

Quotation of the Day…

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(Don Boudreaux) Tweet… is from pages 2-3 of Peter Schweizer’s 2013 book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets: Journalists and academics look at politics through a mythical lens that harkens back to Aristotle and Plato: politics is the business of producing correct policies. We may dispute what is correct, but […]

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26 февраля, 01:24

Bonus Quotation of the Day…

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(Don Boudreaux) Tweet… is from page 3 of Thomas Sowell’s magnificent 1980 book, Knowledge and Decisions; it’s the book’s opening line: Ideas are everywhere, but knowledge is rare. DBx: We humans should be thankful for the fertility of our imaginations and the power of our minds. But we should also have a more sober appreciation than many […]

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25 февраля, 22:50

Some Links

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(Don Boudreaux) TweetMatt Yglesias very nicely summarizes some of the core problems with Oren Cass’s deeply flawed chart meant to show that ordinary Americans are today worse off than they were in 1985. (Another fundamental problem with Cass’s chart, of course, is that it compares median male income to total major household expenditures. Cass really should learn not […]

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25 февраля, 18:10

Pittsburgh Tribune-Review: “Idea power”

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(Don Boudreaux) TweetIn my column for the June 21st, 2008, edition of the Pittsburgh Tribune-Review I wrote about the power of ideas. You can read my column beneath the fold. (I can’t find this version on-line at the Trib, but I did find it on-line here.)

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25 февраля, 13:58

On Comparative Advantage

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(Don Boudreaux) TweetIn a comment at this recent Cafe Hayek post, my old friend Mark Brady writes: If free traders are going to win the debate, they have to get to grips with the arguments presented here. http://www.paecon.net/PAEReview/issue55/Fletcher55.pdf [DBx: more-convenient link here] ….. When I tried to reply to Mark’s comment, Facebook informed me that my “comment […]