My apologies for the abundance of videos in my recent posts. These videos are just too good to pass up!
Posts Tagged ‘economics’
Milton Friedman on Free Trade
Posted in Uncategorized, tagged economics, Free Trade, liberty, steel, union on 25 February 2010 | Leave a Comment »
The Pretense of Knowledge
Posted in Uncategorized, tagged economics, Hayek, liberty, society, solution on 17 February 2010 | Leave a Comment »
Here is a letter I recently sent to the Midland Daily News:
James Benjamin’s entire letter went as follows: “The solution is simple: Medicare for all; keep your private insurance if you want” (“Simple Solutions,” February 17).
Society is a complex outcome that emerges as a result of individuals interacting with one another. No single individual consciously [...]
A Stimulating Broken Window Fallacy
Posted in Uncategorized, tagged economics, liberty, politics, special interest, window on 28 January 2010 | Leave a Comment »
Go to 3:25 and listen to President Obama speak about the benefits of job creation for a window manufacturer in Philadelphia. (watch about 20 seconds… you’ll get the point)
Then watch this clip about the window manufacturer in Pittsburg.
Lastly, read this essay on a window manufacturer from France. A lot of lessons [...]
Hayek vs. Keynes Rap Video!
Posted in Uncategorized, tagged economics, Hayek, keynes, liberty, macro, rap on 25 January 2010 | Leave a Comment »
A Tale of Two Quakes
Posted in Uncategorized, tagged earthquake, economics, haiti, liberty, standard of living on 15 January 2010 | Leave a Comment »
Here is an excellent letter to the editor by Don Boudreaux:
14 January 2010
Editor, Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
Re “Tens of thousands feared dead” (Jan. 14): The ultimate tragedy in Haiti isn’t the earthquake; it’s that country’s lack of economic freedom. The earthquake simply but catastrophically revealed the inhuman consequences of this fact.
Registering [...]
Competition as a Discovery Procedure
Posted in Uncategorized, tagged competition, economics, Hayek, liberty on 13 January 2010 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
“I wish now to consider competition systematically as a procedure for discovering facts which, if the procedure did not exist, would remain unknown or at least would not be used.” – FA Hayek
Check out the entire essay here.
Prosperity or Plunder?
Posted in Uncategorized, tagged economics, liberty, special interest, stimulus on 20 November 2009 | Leave a Comment »
Here is a letter I recently sent to the Lansing State Journal:
In a recent editorial, The Lansing State Journal states that the stimulus money is key to the long term recovery of the mid-Michigan economy (“Stimulus funds matter to mid-Michigan,” Nov. 20).
Nonsense.
The majority of the stimulus has been funded through borrowed money. Every time the [...]
The Ant and the Grasshopper
Posted in Uncategorized, tagged ant, economics, grasshopper, incentives, liberty, modern, story on 18 November 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Here is a letter to the editor that I found to the be entertaining.
To the editor:
I received this from one of my nieces as an e-mail. The author is unknown. However, I think it speaks volumes about the way our country is headed. Perhaps you would want to share with the [...]
Thoughts Out of Balance
Posted in Uncategorized, tagged balance, economics, krugman, liberty, trade on 17 November 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Here is a letter I recently sent to the New York Times:
In his recent op-ed, Paul Krugman expresses great concern over the growing trade deficit between the U.S. and China (“World Out of Balance,” Nov. 15). A simple example reveals why such concerns are pointless.
Suppose an American businessman decides to trade [...]
Bought and paid for?
Posted in Uncategorized, tagged liberty, economics, health care, single, payer on 13 November 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Dustin Anderson, a friend of mine, just submitted an excellent letter to the Midland Daily News:
To the editor:
In a recent letter Susan Gessford stated, “If you are not bought and paid for by the insurance companies, you will agree with this and fight with me” (The only way, Sept. 29) in referencing the [...]
How little we know
Posted in Uncategorized, tagged crisis, economics, financial, Hayek, knowledge, methodology, science on 13 November 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
This is a fantastic piece by the always great Russ Roberts at Cafe Hayek. It is barely over four pages and is definitely worth the read.
by Russ Roberts on November 12, 2009
in Financial Markets
Here is my take on financial reform at The Economists Voice. Other opinions by Posner, Richardson and Acharya, Hubbard [...]
Bryan Caplan on Education
Posted in Uncategorized, tagged college, economics, education, liberty, signal on 12 November 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Who should and shouldn’t go to college?
Bryan Caplan: There are two ways to read this question. One is: “Who gets a good financial and/or personal return from college?” My answer: people in the top 25 percent of academic ability who also have the work ethic to actually finish college. The other [...]
On the Origins of Money
Posted in Uncategorized, tagged economics, liberty, menger, money, spontaneous on 6 November 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Carl Menger, the founder of the Austrian School of economics wrote a very important article in 1892 that explained the origins of money for the first time. Many believed money was a grand scheme planned out and created by the powerful rulers of empires.
Menger’s article dispelled this myth by explaining that money was not [...]
Pitfalls of Protectionism
Posted in Uncategorized, tagged economics, jobs, liberty, local, protectionsim on 5 November 2009 | Leave a Comment »
Here is a letter I recently sent to the Midland Daily News:
In his recent letter, Bill Burk sings praises to buying local (Unions commit to local, November 4). He argues that buying local saves jobs in the community, and is therefore superior to purchasing goods made outside the community.
Although I agree that buying local saves [...]
QED: Normal People Like Taxes
Posted in Uncategorized, tagged economics, ends, liberty, means, taxes on 29 October 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Eric Baerren makes an interesting point in this blog post over at MichiganLiberal.
“Normal people would establish as their chief priority to make sure that schools are good and that people can access health care and that the garbage trucks operate according to a reliable schedule. Again, that’s normal people. Abnormal people [...]
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