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Category Archive for 'You Can’t Have it Both Ways'

Many of you are well aware of the Keynesian push for boosting aggregate demand when an economy is slumping. Indeed, we rarely are told when the economy is doing well enough to not need a shot in the arm. That suits many of our political biases. So, I ask this question in all seriousness. Don’t […]

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This tweet just hit my feed (and signs are popping up in my neighborhood too): I’ve seen it shared  by folks from the NYSUT. Now, whether or not the convention is a good idea (more on that later) is not the question, it’s the assertion that “high-paid lobbyists want to shape the state of NY.” […]

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Via an old friend: it has been the alt-right that has most effectively used postmodern ideas to “deconstruct” what it sees as a distinctly liberal hegemony That was always the major criticism of postmodernism I was familiar with, that there is no reason the very ideas could not be turned on themselves, especially if they […]

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In discussing kidney donations, I’ve encountered the argument that offering compensation to donors would be problematic, not just morally, but because it may reduce incentives to donate due to intrinsic motivation declining with payment. That’s a fine argument, and we’ve seen monetary incentives backfire for sure especially when we try to apply it to non-traditional […]

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My faith in humanity is being regularly rocked, but perhaps that is just too much of an overreaction to current events. But for the sake of intellectual consistency, will those folks delighting in the tarring of the entire classical liberal program through dark and nefarious long arcs of the work of James Buchanan now be […]

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A particularly thorny philosophical problem for limited government classical liberal types is that while they want to see voluntary exchanges and private property governing as many human interactions as is “reasonable”, they typically leave it to the state to defend property rights and handle contracting disputes and third party spillovers. You can see the problem […]

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Upon talking to many farmers and examining the literature, it is pretty clear that one producer advantage of using “organic” production methods to grow crops is that it allows sellers to price discriminate and charge higher prices for these products than more conventionally produced fruits, grains and vegetables. Indeed, a recent meta-study concluded that the […]

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A very misunderstood idea is that “organic” foods are grown without pesticides. This is patently untrue. Organic foods are grown with “approved” pesticides – generally those that have a biological origin. Of course, this does not mean that these pesticides are worse, or better, than “unnaturally” produced chemical pesticides (aren’t biological pesticides also chemicals? Oh, […]

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Quite literally almost every single person involved in college athletics/kidney donations gets paid except the very people who are generating the lion’s share of value in the first place. Tell me an argument in favor of banning kidney sales and then insert “college athlete” and see how that sounds. Of course, neither the athlete nor […]

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It is well understood that the incidence of defaults on college debt is higher on people with smaller loans outstanding. These are marginally attached students to begin with. Remember that 40% of students who start college do not finish. Yet, contrast this with where the “noise” is coming from on “free college” and the “college loan crisis.” […]

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