Voluntary Exchange Sources

15 Jun The Compact That Preceded the Magna Carta

Posted at 14:29h in Voluntary Exchange Sources by one80Admin

On this date—June 15—in the year 1215, English nobles compelled King John to affix his seal to a remarkable document, the Magna Carta. The event is often regarded as the kick-off to the long, 800-year march of liberty in the British Isles. As I previously explained,...

Read More

14 Jun A Major Turn of the Higgsian Ratchet

Posted at 18:18h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) TweetHere’s a letter to the Wall Street Journal: Editor: Writing about the off-the-charts fraud and abuse of Covid “relief” programs, James Freeman homes in nicely on a key point (“The Great American Rip-Off,” June 12): For that matter perhaps the people who endorsed the idea of...

Read More

14 Jun Saving America From the Counterrevolution

Posted at 18:17h in Voluntary Exchange Sources by one80Admin

When barbarians sacked the city of Rome, it was because the Roman Empire had already sacked itself. Of course, the Romans may have been outmaneuvered and outgunned by their enemies, but their civilization had already been subdued long before the first building in Rome burned....

Read More

14 Jun Liberal Blindness on Wealth and Poverty

Posted at 18:14h in Voluntary Exchange Sources by one80Admin

It would be difficult to find a better example of moral obtuseness than the mindset that leftists/liberals/progressives/socialists have toward wealth and poverty. (I’ll use the term “liberals” for the rest of this essay.) Liberals constantly lament the plight of the poor in American society today. But...

Read More

14 Jun The G7’s Reckless Commitment To Mounting Debt

Posted at 18:13h in Voluntary Exchange Sources by one80Admin

Historically, meetings of the largest economies in the world have been essential to reach essential agreements that would incentivize prosperity and growth. This was not the case this time. The G7 meeting agreements were light on detailed economic decisions, except on the most damaging of them...

Read More

13 Jun *Ages of American Capitalism*

Posted at 20:13h in Voluntary Exchange Sources by one80Admin

The author is Jonathan Levy (U. Chicago) and the subtitle is A History of the United States, noting it is mostly an economic history from a left-mercantilist, nation-building point of view.  So far on p.95 I quite like the book, here is one excerpt: Ironically enough,...

Read More

13 Jun Quotation of the Day…

Posted at 20:12h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) Tweet… is from page 32 of Thomas Sowell’s excellent 1984 book, Civil Rights: Rhetoric or Reality? (original emphasis): It would perhaps be easier to find an inverse correlation between political activity and economic success than a direct correlation. Groups that have the skills for...

Read More

13 Jun Another Profit Opportunity Mysteriously Going Unseized!

Posted at 20:11h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) TweetThis Vox report (or some variation on it) was sent to me by three different people, each of whom had the good sense to understand that something about it is fishy. Ms. T__: Thanks for sending this Vox report on Aaron Klein’s ‘theory’ that credit-card...

Read More

13 Jun Flight Times May Soon Be Cut in Half—Thanks to Capitalism

Posted at 20:11h in Voluntary Exchange Sources by one80Admin

Denver-based startup Boom Supersonic has been developing a passenger jet that will fly faster than the speed of sound, and United Airlines recently announced a deal to buy fifteen of them, with an option to buy thirty-five more if safety tests go as planned. “But what...

Read More

13 Jun Why America’s Oligarchs Are Moving Left

Posted at 20:10h in Voluntary Exchange Sources by one80Admin

These days it’s not your typical latte-sipping millennials who are going woke. Taking a stroll around America’s largest metro areas will have one believe social justice is the latest fad that’s sweeping across corporate boardrooms. Much has been written about woke capital—businesses’ recent pivot to...

Read More