Economic Insights


Alive Thanks to Pharmaceutical Profits

Made Possible by Profits I had dinner this evening with a long-time close friend who’s alive because of pharmaceutical innovations, all made possible by the supranormal rate of return earned…

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Gentleman, Scholar, Economic Pioneer

Israel Kirzner Following on Johan Norberg‘s siting, I’d like to join Johan in recommending a new (English-language) element of the Portuguese classical liberal website Causa Liberal that brings together web…

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Capitalism and Gay Life in China

An essay in today’s China Daily, “Gays live a difficult life under social bias,” tells how, although life for gay people in China is quite difficult, things are getting better….

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The Curse of Oil

Shutting Off Liberty and the Rule of Law If you want to know why countries that are rich in resources are often poor in liberty, justice, the rule of law,…

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Another Excellent Analysis and Proposal by John Tierney

Party’s Over…. John Tierney has, as always, smart things to say about the ongoing disaster in New Orleans: “Ben Franklin Had the Right Idea for New Orleans.” (Requires simple New…

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A Globaliza��?���§��?���£o ��?���© Fabulosa!

Thanks to the good offices of AndrÃ?Â??Ã?Â?Ã?© Azevedo Alves, my little essay Globalization is Grrrreat! is now available in Portuguese on the Portuguese classical liberal website Causa Liberal: A GlobalizaÃ?Â??Ã?Â?Ã?§Ã?Â??Ã?Â?Ã?£o…

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Good News! A Hurricane Has Destroyed Our Homes and Businesses!

Thanks, Katrina, for Inducing Us to Buy New Cars and Houses! I’ve not heard anyone thick enough to actually invoke the broken window fallacy yet, but don’t worry. They will….

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“Ã?Â?Ã?’Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?±Ã?Â?Ã?Ã?Â?Ã?°Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?°Ã?Â??Ã?¢?Ã? Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â??Ã?Â?Ã? – Ã?Â??Ã?Â?Ã?Ã?Â??’Ã?Â?Ã?Ã?Â?Ã?¾ Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?´Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â??Ã?¢?Ã?¬Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?²Ã?Â?Ã?Ã?Â?Ã?¾!” Now Available

My essay on “Globalization is Grrrreat!” is now available in Russian: Ã?Â?Ã?’Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?±Ã?Â?Ã?Ã?Â?Ã?°Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?°Ã?Â??Ã?¢?Ã? Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â??Ã?Â?Ã? – Ã?Â??Ã?Â?Ã?Ã?Â??’Ã?Â?Ã?Ã?Â?Ã?¾ Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?´Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â??Ã?¢?Ã?¬Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?²Ã?Â?Ã?Ã?Â?Ã?¾!

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“Ã?Â?Ã?’Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?±Ã?Â?Ã?Ã?Â?Ã?°Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?°Ã?Â??Ã?¢?Ã? Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â??Ã?Â?Ã? – Ã?Â??Ã?Â?Ã?Ã?Â??’Ã?Â?Ã?Ã?Â?Ã?¾ Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?´Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â??Ã?¢?Ã?¬Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?²Ã?Â?Ã?Ã?Â?Ã?¾!” Now Available

My essay on “Globalization is Grrrreat!” is now available in Russian: Ã?Â?Ã?’Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?±Ã?Â?Ã?Ã?Â?Ã?°Ã?Â?Ã?Ã?Â?Ã?»Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?°Ã?Â??Ã?¢?Ã? Ã?Â?Ã?Ã?Â?Ã?¸Ã?Â??Ã?Â?Ã? – Ã?Â??Ã?Â?Ã?Ã?Â??’Ã?Â?Ã?Ã?Â?Ã?¾ Ã?Â?Ã?Ã?Â?Ã?·Ã?Â?Ã?Ã?Â?Ã?´Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â??Ã?¢?Ã?¬Ã?Â?Ã?Ã?Â?Ã?¾Ã?Â?Ã?Ã?Â?Ã?²Ã?Â?Ã?Ã?Â?Ã?¾!

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Smarmy and Lacking Evidence

The BBC has posted one of their gleefully cutting hatchet jobs on the US, “Stark Reality of the American Dream.” The fellow refers to — but doesn’t give any evidence…

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