64 + 15
TweetFifteen years ago today Paul McCartney turned 64. I stand by what I wrote when Sir Paul turned 64. I share the text below the fold. Being for the Benefit of Mr. Kite (and Mr. Smith, and Ms. Jones,...
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Quotation of the Day…
Tweet… is from page 165 of the late, great Wesleyan University economic historian Stanley Lebergott’s insightful 1975 book, Wealth and Want: There exist various lists of the very rich at different...
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Quotation of the Day…
Tweet… is from page 375 of the 2016 second edition of Thomas Sowell’s Wealth, Poverty and Politics (original emphases): By focusing on the rewards received for achievements, redistributionists ignore...
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Quotation of the Day…
Tweet… is from page 146 of Milton & Rose Friedman’s great 1980 book, Free To Choose: Wherever the free market has been permitted to operate, wherever anything approaching equality of opportunity...
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TweetGeorge Will rightly decries the pursuit of ‘equity’ over equality. A slice: Harlan’s Plessy dissent reflects modernity’s break with pre-modern politics. This break has had three components:...
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Bonus Quotation of the Day…
Tweet… is from page 342 of the 2016 second edition of Thomas Sowell’s excellent volume Wealth, Poverty and Politics (footnote deleted; link added): To say that pay differences between people at the top...
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Quotation of the Day…
Tweet… is from page 116 of Robert Higgs’s Summer 1998 Independent Review essay, “Official Economic Statistics: The Emperor’s Clothes Are Dirty,” as this superb essay is reprinted in the 2004 collection...
View ArticleBehind and Beyond Even Accurate Statistics
TweetIn my latest column for AIER I warn against naive interpretation of statistics. A slice: Second, monetary income, while important, is only one aspect of a person’s, or a household’s, economic...
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TweetScott Lincicome and Ilana Blumsack point out an especially devious bit of cronyism lurking in the so-called “Build Back Better” legislation. The Wall Street Journal‘s Editorial Board digs into the...
View ArticleExploring EconTalk: James Heckman (2021)
TweetI continue to catch up on listening to the vast library of EconTalk podcasts. The next one that I recommend is this one from July 2021 with Nobel laureate James Heckman. A warning to those of you...
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Bonus Quotation of the Day…
Tweet… is from page 138 of Thomas Sowell’s 2013 book, Intellectuals and Race: Many people who advocate what they think of as equality promote what is in fact make-believe “equality.” In economic terms,...
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Bonus Quotation of the Day…
Tweet… is from page 344 of the 2016 second edition of Thomas Sowell’s important volume Wealth, Poverty and Politics (footnote excluded; link added; original emphases): The concentration of power being...
View ArticlePittsburgh Tribune-Review: “Errant assessments of ‘income inequality'”
TweetIn my column for the December 11th, 2011, edition of the Pittsburgh Tribune-Review I challenged some popular means of assessing economic inequality. You can read my column, in full, beneath the...
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TweetThe Editorial Board of the Wall Street Journal ably defends the unjustly embattled Ilya Shapiro. A slice: The hilarious part is that, after she [Washington Post columnist Ruth Marcus] lambastes...
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TweetMy former GMU colleague Tom Hazlett corrects today’s revisionist misunderstanding of price controls. A slice: Much is being made of the fact that prominent economists, following World War II,...
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Quotation of the Day…
Tweet… is from pages 135-136 of the late, great Wesleyan University economic historian Stanley Lebergott’s insightful 1975 book, Wealth and Want (footnote deleted; link added): When an economy shifts...
View ArticlePittsburgh Tribune-Review: “And the answer is?”
TweetIn my column for the December 27th, 2011, edition of the Pittsburgh Tribune-Review I asked some questions. You can read this column in full beneath the fold. And the answer is? As the curtain...
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TweetHere’s the abstract of the just-published paper, in the Economic Journal, by my GMU Econ colleague Vincent Geloso, along with Phil Magness, John Moore, and Philip Schlosser; the paper’s title is...
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TweetScott Sumner succinctly explains this important truth: “sanctions only work when there is globalization.” Wall Street Journal columnist Jason Riley decries New Jersey governor Phil Murphy’s...
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TweetWriting in the Wall Street Journal, Randy Barnett finds in last-week’s confirmation hearings for Judge Ketanji Brown Jackson evidence of the triumph of Constitutional originalism. A slice: Judge...
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