My confidence in free markets is so high, and my faith (for faith is required) in government is so low, that my presumption is that nearly all government interventions into the economy are, on net, unjustified and harmful. This presumption fuels my instinct that these interventions should be eliminated pronto. But I’m also sufficiently influenced […]
In the 1983 film Return of the Jedi, Admiral Ackbar turns to the officers on the bridge and says what everyone already knew: “It’s a trap!” It had seemed a little too easy to be able to destroy the main threat, permanently and with no risk. Of course that turned out badly for the Alliance; […]
If you think the US banking system has problems now, ninety years ago this month a new President shuttered the entire banking system for a week. Knock on wood that does not happen again, as we would likely get a dangerous central bank digital currency (CBDC) out of it. But some good might still come […]
Not long ago, I flew into a small Ohio airport. Don’t ask why, sometimes Ohio just happens and you have to deal with it. Arriving late (having flown Delta: “Delayed Every Last Time Always”), I didn’t get in until after 11 pm. And I was worried about picking up my rental car, because all the […]
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