We may one day be able to say that the centuries in our rearview were “good” or “bad.” But the harvest of consequence has not yet happened for the 21st century, and it’s hard to say that the harvests of the 19th and 20th are fully ripe, either. It is too soon to judge. Let time do that. In the meantime, resist the urge either to burn the fields or to swallow the weeds.
Tag: government
More Charter Schools Translates to Fewer Homeschoolers, Study Says
Parents want more education choice, and mechanisms that lower the cost of alternatives to one’s assigned district school are sought-after. Even though many families homeschool on a budget and more parents work and homeschool, there can be both real costs and opportunity costs to homeschooling.
Los Angeles: Homelessness Meets Economics 101
“The stunning increase in homelessness announced in Los Angeles this week — up 16% over last year citywide,” reports CNN, “was an almost incomprehensible conundrum given the nation’s booming economy and the hundreds of millions of dollars that city, county and state officials have directed toward the problem.”
Trade, Tariffs, and some Basic Economics
Economics can be a complicated subject and many people don’t really understand why the economy works the way it does. That’s okay, but learning about economics and economic principles can also be very rewarding because it helps to explain so much about our world and about human behavior.
Don’t Force Your Crutch on Others
Crutches were a good invention. Thousands of years after someone came up with the idea, they are still useful. Using a crutch may not be ideal, but it’s better than the alternative. It allows someone to get around when they might not otherwise be able to without crawling. If you need a crutch, use one. However, not everyone needs a crutch.
The Universal Basic Income: Newly Contentious
The main reason why classical liberals smile upon the UBI, I fear, is its elegant simplicity. If we adopt one straightforward poverty program, we can rid ourselves of all the rest. Unfortunately, as my presentation explains, the UBI’s cost is exorbitant, the side effects are awful, and the moral justification is ultimately flimsy.
Trump’s Trade Policy—A Reductio ad Absurdum
Let’s consider the president’s trade policy in, as it were, its very best light. Suppose, then, that the government succeeded in eliminating the trade deficit entirely. Residents of the USA would continue to sell huge quantities of goods to foreigners but buy nothing at all from foreign sellers. The trade deficit would be not only diminished but wiped out and replaced by a huge trade surplus. Trumpian triumph!
Why is Immigration a “Contentious Issue in Classical Liberalism”?
“Contentious Issues in Classical Liberalism” was the theme of this year’s Mont Pelerin Society. This gave me a chance to explore a major puzzle: Sociologically, immigration clearly deserves to be on the agenda. After all, many people otherwise sympathetic to human freedom and free markets support even more immigration restrictions than we already have. Intellectually, however, it’s hard to see why.
Don’t Advocate Against Property Rights
Libertarians who support the Big Government “border security” welfare program don’t understand property rights. Property rights are the foundation of all rights, so if you don’t understand and support property rights, how can you credibly claim to be libertarian… or to value liberty at all?
“For Medicinal Purposes Only”
Borderism– big government welfare statism by another name– is apparently a very seductive cult, leading a lot of liberty supporters down into its depths, from which there seems to be no escape.