Voluntary Exchange Sources

20 May

Posted at 06:24h in Voluntary Exchange Sources by

(Don Boudreaux) Tweet… is from page 43 of economist Arthur M. Diamond, Jr.’s, important 2019 book, Openness to Creative Destruction: Sustaining Innovative Dynamism (footnote deleted; link added): During the Industrial Revolution, not only was the past remembered as better than it really was, the present was...

19 May

Posted at 20:03h in Voluntary Exchange Sources by

I’m a heretic in a world where environmentalism is a leading religion. I think it’s okay to use a lot of paper, and I generally ignore the little exhortation at the bottom of so many emails saying “Think about the environment before printing this.” This...

19 May

Posted at 12:53h in Voluntary Exchange Sources by

In early 2020, coronavirus disease 2019 (COVID-19) was unleashed on the world. What began as an outbreak in China quickly spread and was declared a pandemic in March 2020. In response, governments around the world activated their regulatory machinery, adopting a wide range of activities,...

19 May

Posted at 12:48h in Voluntary Exchange Sources by

(Don Boudreaux) Tweet… is from pages 119-120 of Thomas Sowell’s 2018 book Discrimination and Disparities (original emphasis): Given how prone all human beings are to mistakes, in all kinds of institutions, one of the most important characteristics of any decision-making process is its ability to recognize and...