United States

The Goalposts of Consent

People routinely justify government on the basis of “consent.” As in: “There’s a social contract, and you’re obliged to follow it.” If you deny consent, they just move the goalposts of consent very close. In fact, they usually give the government an instant touchdown. How […]

A Reminiscence about George Akerlof

How I persuaded George Akerlof to advocate a Nixon veto of a minimum wage increase. I posted recently about Treasury Secretary Janet Yellen’s draconian proposal for surveilling bank accounts of high rollers who have an ingo or outgo of more than $10,000 per year. Writing […]

Enright on Caplan on Immigration

Sam Enright has written a good review of Bryan Caplan’s Open Borders: The Science and Ethics of Immigration. I like it for two main reasons: (1) he takes Bryan completely seriously and doesn’t take cheap shots, and, related to that, (2) the tone is quite […]

Fred Foldvary, a Joyous Friend

I met Fred in the 1990s, through a shared interest in the voluntary provision of collective goods. In 1996 I joined the faculty at Santa Clara University, and soon thereafter worked with Fred, Henry Demmert, Larry Iannaccone, and Bob Finocchio in a campus institute. Fred […]

What kind of immigrants does the GOP want?

In recent years, I’ve seen many conservatives argue against illegal immigration, warning darkly of our society being polluted by “rapists and murderers”, despite the fact that immigrants have a lower crime rate than native born Americans. They also seem to worry about the fact that […]

Legally Black: Riley on Carter on Affirmative Action

I’m enjoying Jason L. Riley’s book Maverick: A Biography of Thomas Sowell. In a chapter titled “Higher Education, Lower Expectations,” Riley adds to his discussion of Sowell’s critical views on affirmative action by telling of Yale law professor Stephen Carter’s experience with school officials at […]

Fred Hiatt’s Soft Pitch

Answering Fred Hiatt’s challenge. As an electronic subscriber to the Washington Post, I get an email early every morning highlighting various items at the Post. Yesterday morning, Fred Hiatt, editorial page director of the Post, emailed me (and, presumably, tens of thousands of others) to […]

EURUSD, GBPUSD, AUDUSD Forecast for Oct 25, 2021

EURUSD, GBPUSD, AUDUSD Forecast for Oct 25, 2021 The EURUSD pair fails to break above 1.16700. Today we have a new withdrawal from that level to the current 1.62000. Since the beginning of October, we have been in a growing canal, but we encountered an […]

Stock Market Forecast: Expecting Gains?

Stock Market Forecast: Expecting Gains? Such was the S&P 500 correction, how did you like it? The whiff of risk-off that I was looking for yesterday, was a very shallow one in stocks and much deeper in real assets. What‘s remarkable about the stock market […]

Welcome To Poland, Conotoxia

Welcome To Poland, Conotoxia Conotoxia, the Spanish company that owns and operates Conocíarz.pl is expanding into Poland with their new branch already in operation! The founders of Conotoxia Ltd. are now providing clients with access to Polish-speaking representatives through its Warsaw branch, according to the […]