Voluntary Exchange Sources

05 Jun When Crowds Go Mad

Posted at 00:51h in Voluntary Exchange Sources by one80Admin

Fad, craze, fluke, mania, insanity, chaos, exuberance, stupidity, foolish, irrational – we have many words for people losing their minds, individually and collectively. Ostensibly, these are fueled by deep-rooted emotions that all of us latently carry with us, or so is the message of the...

05 Jun A Libertarian Look At Land, Fear, And Life After Covid – With Guest Jeff Deist

Posted at 00:51h in Voluntary Exchange Sources by one80Admin

Mises Institute president and former Rep. Ron Paul chief-of-staff Jeff Deist joins today's Liberty Report to discuss the prospects for libertarianism and a non-violent approach to seemingly intractable disputes over land, control, and government coercion. Is the post-Covid US ripe or barren for the ideas...

05 Jun The Economics of the Extended Family: From Risk Management to Human Capital

Posted at 00:50h in Voluntary Exchange Sources by one80Admin

When we think of analyzing economic organizations, we generally think of firms and corporations. But there is another organization that is just as critical to economic development: the extended family. Indeed, the advantages offered by this institution are numerous and include risk sharing, mutual aid, human capital building,...

05 Jun Capitalism Can’t Fix An Artificial Labor Shortage

Posted at 00:49h in Voluntary Exchange Sources by one80Admin

If you want to act in movies or on television in Hollywood, you must be a member of the Screen Actors Guild. That’s why the accession of a “SAG” card is such a momentous achievement for actors. It means they’re Hollywood legal as it were. So...

05 Jun Masking norms and Wokeism

Posted at 00:49h in Voluntary Exchange Sources by one80Admin

Here is the close of my latest Bloomberg column: On a related note: Have you noticed that private universities often have a stronger “woke” culture, and less free speech, than public universities? This fact is also somewhat of an embarrassment for many libertarians. Though libertarian-leaning, I...

05 Jun Crypto talks by Balaji and Vitalik

Posted at 00:47h in Voluntary Exchange Sources by one80Admin

For a conference co-sponsored by Mercatus and Coin Center, here is Vitalik: Here is Balaji: Here are the other talks, by Nic Carter, Nevin Freeman, Erik Voorhees, and Peter van Valkenburgh. The post Crypto talks by Balaji and Vitalik appeared first on Marginal REVOLUTION. Read the Full Article here:...

05 Jun Quotation of the Day…

Posted at 00:46h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) Tweet… is from pages 210-211 of the 1996 Foundation for Economic Education (FEE) edition of Henry Hazlitt’s insightful 1973 book, The Conquest of Poverty (original emphasis): And unlike a government agency, the private owner is obliged by self-preservation to try to avoid losses, which...

05 Jun Uber, Lyft Prices and Wait Times Are Surging—Here’s Why

Posted at 00:43h in Voluntary Exchange Sources by one80Admin

Millions of Americans, myself included, have come to rely on ride-sharing services like Uber and Lyft for convenient and affordable transportation. But in recent months, we’ve seen skyrocketing prices and long wait times just to get a ride. As it turns out, the government is...

05 Jun Exit, Voice, and Loyalty, the Godfather, and Dr. Fauci’s Book Tour

Posted at 00:42h in Voluntary Exchange Sources by one80Admin

In 1970, Harvard economist Albert Hirschman published his classic tome, Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States. In this book, Hirschman theorizes that some agents in an economic system may experience lapses from efficient or rational behavior. If the system...

04 Jun Fish, Rice and What the Green Movement Really Stands For

Posted at 21:11h in Voluntary Exchange Sources by one80Admin

A long, long time ago in a galaxy, well, our galaxy, I wrote of the wonders of a genetically modified salmon from the company AquaBounty. It uses much less food and grows far faster than the old-fashioned fish, and thus is terrific to help overcome...