“I’m not making any predictions, but I think [the Russians] have got their eye on somebody who is currently in the Democratic primary and are grooming her to be the third-party candidate,” said Hillary Clinton on her former campaign manager’s podcast. “They know they can’t win without a third party candidate.” Was Clinton referring to US Representative Tulsi Gabbard, CNN asked? “If the nesting doll fits” her spokesperson replied.
Tag: money
Bojangles vs. Bureaucracy
Unlike the Bojangles employee, the woman working for the bureaucracy has no agency. She has no ability to read the situation, adjust, and do the simple thing that gets the spirit of the law right despite errors in the letter.
They Know Better
Moral reasoning is hard. It’s so hard, in fact, that most people do little moral reasoning. Instead, as Daniel Kahneman would expect, they perform a mental substitution. Rather than wonder, “What’s morally right?,” they ask, “What’s socially acceptable?” In decent societies, this seems fairly harmless. When your society is even selectively evil, however, the substitution is disastrous. Strictly following standard social norms in Nazi Germany, Stalinist Russia, or Maoist China is murder. Which brings us to a pressing question: How do you know whether your society is evil?
Want Lower Drug Prices? Make the FDA’s Authority Advisory, Not Regulatory
Lately, FDA seems more interested in feeding a moral panic over “e-cigarettes” to expand its power even further than in executing its supposed mission of “protecting the public health.”
Anatomy of a Frivolous Argument
While I’ve spoken about this many times, it keeps coming up so I figured I would do a formal analysis. I’m well-aware this will have no impact on those who use this tactic to avoid discussion, such as lawyers and bureaucrats; this is for those who may be victims of this pernicious method of shouting down a valid argument. Ironically, as will be shown, it’s those screeching “frivolous” that are usually raising a truly frivolous argument. Yelling frivolous is a distraction technique, don’t be fooled by it.
Bad Choices and Shifting the Blame
I don’t blame manufacturers or retailers for the misuse of their (non-faulty) products. Not even with products known to be really dangerous if used according to their purpose. When someone buys something dangerous and makes the choice to misuse it, that’s where the blame lies.
“Gun Crime”
I’ve had three close friends shot by bad guys. Two of them died as a result. Do I blame the guns? That would be as pointless and stupid as blaming cars for my daughter Cheyenne’s death.
Universal Basic Income is a Totalitarian State’s Dream Scheme
Andrew Yang’s small but solid polling in the Democratic Party’s 2020 nomination race shows that “Universal Basic Income” has gone from a fringe idea to an idea with a foothold in the popular consciousness.
Is There a Market for an ISA Marketplace?
There is so much that could be done to better allocate money across time slices to get capital to its highest time value location for individuals. When you need money isn’t always when you have it and vice versa. I’ve blogged before about a world where you can sell shares in yourself and securitize your future potential wealth.
Great Tools for Teaching Kids Economics and Liberty
Whenever my children express an interest in economics or are curious about the ideals of freedom and responsibility, I can barely contain my excitement. It wasn’t until college that I discovered, and fell in love with, economics, and it wasn’t until much later that I understood liberty as a life philosophy. Fortunately, I can avoid stifling their budding interest by drawing demand curves or quoting Hayek and Hazlitt (though I’ve been known to do both!) and turn to some outstanding resources just for kids. Designed to introduce economic principles and the foundations of a free society to young children, these tools are interesting, engaging, and easy-to-understand—for children and adults alike!