Sunday, December 31, 2017

Those seeking power over others...are always clever in fashioning excuses...to order others about 

Professor Boudreaux quotes from a book by Randy Barnett about the progressives, and how they subverted the Constitution:

" By harnessing the powers of the majority, the progressives were able to overcome the barriers of the Republican Constitution.
Having breached those barriers, however, progressives then moved on to eliminate any “democratic” or majoritarian obstacles to their agenda."

Boudreaux adds:

"Those seeking power over others – regardless of the power-seekers’ deeper motives – are always clever in fashioning excuses into the authority they use to scratch their itch to order others about."

 Read the whole thing:


Saturday, December 30, 2017

The Fallacy of Weak Productivity 

Professor Perry digests an excellent article on this subject, and comments on it.

In brief, the US government has been using the same measure of "productivity" for nearly 100 years. The world has changed, and so has the economy. In many cases, what the government is measuring is seriously affected by the acts of government regulation itself. No wonder their measure is low!


"... people think productivity is weak.... government data sources say it’s weak. But anyone who goes outside instead of living in the data knows nearly everything is getting better, faster, and cheaper.

New technologies are boosting productivity everywhere."

Read the whole thing and the article Perry points to:



Friday, December 29, 2017

The 165 Greatest American Movies Ever Made 

Wonderful review of movies over at Breitbart. The narrative along with each movie selection is excellent, and very different from what you might expect.



"It is ridiculous to attempt to reach the end while making war on the means." 

Money quote:

"Only prosperous people – people who are well-fed, well-housed, well-vaccinated, and well-provisioned in the countless other ways that nearly everyone in modernity is well-provisioned – have the luxury to appreciate the beauty of the wilderness or to ponder philosophically upon bear scat."

We are enormously more prosperous than our parents, our grandparents, and so on.

Read the whole thing:


And ESPECIALLY this one:


More Intelligent and Better Informed THAN YOU 

Money quote:

"Far too much social science – including economics – proceeds as if the analyst is more intelligent and better informed about relevant details than are the real...individuals"

Quite often the "real individuals" know their business very well indeed; better than academics. Frankly, everyone knows how to make reasonable economic decisions, but we are told by the "experts" that we aren't ideal, so we don't "do it right".

Read the whole thing:


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