Category Archives: Books

Book reviews, suggestions, excerpts, quotes.

Powerful because of wealth versus Powerful because of influence. I’ll take the former.

Hayek in the Road to Serfdom makes the point that in a socialist economy the only way to advance is through successfully lobbying the government so that your group is accorded greater privileges. If you have the misfortune to belong … Continue reading

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Unintended Consequences to the max

I have several posts on unintended consequences of government policies, starting with one on November 27, 2010. (Click the Unintended Consequences category to see them all.) I just ran across a book that focuses exclusively on this topic and makes … Continue reading

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Happy Birthday Wealth of Nations!

Today is the 325th birthday of the publishing of Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations! Join the celebration by listening to Russ Roberts on Cato or reading Mark Skousen on the centrality … Continue reading

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Advice from long ago to avoid the financial crisis

Government-guaranteed home mortgages … force the general taxpayer to subsidize the bad risks and to defray the losses. Continue reading

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