Friday, December 18, 2009

Economic Freedom Rankings

The US continues a slide in economic freedom:

Weaknesses remain in fiscal freedom and government size. Total government spending equals more than a third of GDP. Corporate and personal taxes are high and increasingly uncompetitive. In 2008, the sub-prime mortgage crisis had far-reaching effects, and the government's unprecedented interventionist measures could severely undermine economic freedom in the future.

http://www.heritage.org/index/Country/UnitedStates

Monday, December 7, 2009

Four Problems with Spontaneous Order

This is the December 2009 discussion over on the CATO blog and is provocative. Well worth a read.

Sunday, November 29, 2009

Realizing Freedom: Libertarian Theory, History, and Practice | Cato Institute: Book Forum

BOOK FORUM
Tuesday, December 1, 2009

This forum can be viewed live or in archive form.

Featuring the author, Tom G. Palmer, General Director, Atlas Global Initiative for Free Trade, Peace, and Prosperity, and Senior Fellow, Cato Institute; with comments by Tyler Cowen, Professor of Economics, George Mason University, and General Director, Mercatus Center.

Realizing Freedom: Libertarian Theory, History, and Practice | Cato Institute: Book Forum

Tuesday, November 24, 2009

Summary Austrian Economics

Mario Rizzo writes of Austrian economics.

The highly interrelated themes I listed are:

(1) the subjective, yet socially embedded, quality of human decision making;

(2) the individual’s perception of the passage of time (‘real time’);

(3) the radical uncertainty of expectations;

(4) the decentralization of explicit and tacit knowledge in society;

(5) the dynamic market processes generated by individual action, especially entrepreneurship;

(6) the function of the price system in transmitting knowledge;

(7) the supplementary role of cultural norms and other cultural products (‘institutions’) in conveying knowledge;

(8) the spontaneous – that is, not centrally directed – evolution of social institutions.

Sunday, November 22, 2009

Where conservatives have it wrong - The Boston Globe

On the whole, illegal immigrants are just the sort of newcomers Americans should embrace: self-motivated risk-takers, strivers determined to improve themselves, hard-working men and women willing to take the meanest jobs if it will give them a shot at building their own American dream.

Where conservatives have it wrong - The Boston Globe