Via LearnLiberty, Why Do We Exchange Things? The answer is simple. In voluntary exchange, both parties benefit. We exchange things because it makes us happier. Gifts are often wonderful but the giver’s reward is the warm glow of altruism. Only the recipient is better off and only if they received something […]
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Peter Leeson’s study of “The Hidden Economics of Pirates”, The Invisible Hook, is theoretically correct, thoroughly grounded in historical research and fun to read. From the jacket: Pack your cutlass and blunderbuss–it’s time to go a-pirating! The Invisible Hook takes readers inside the wily world of late seventeenth- and early eighteenth-century […]
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For the Telegraph, Fraser Nelson asks, Will Michael Gove’s schools revolution be just another false start? He sets out a crucial problem in education: David Cameron’s problem is not that Michael Gove might be run over by a bus. His problem is, this weekend, that quite a few mothers wouldn’t mind if he […]
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Once I saw George Selgin referenced on page 7, the paper dollar criticised on page 8 and a Zim$100 trillion note on page 12, I knew I would enjoy Ouch!: Ignorance is Bliss, Except when It Hurts- What You Don’t Know About Money and Why It Matters (More Than You […]
Read More Another superb video from LearnLiberty, Does Government Create Jobs: Related reading: Kirzner, How Markets Work
Read MoreAhead of the budget, the TaxPayers’ Alliance reports, More Britons believe the moon landings were faked than think that taxes are too low. Headlines include: People underestimate the real rate of tax on their income. Fewer than one in seven people realise the Government plans to increase the debt, not […]
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After this morning’s advice bureau, I had the pleasure of visiting Windsor Conservative Association Women’s Group, where I explained what I think are the long term causes of this crisis and what we should do about it. Here are the slides: I was delighted students from a local school joined […]
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Ayn Rand’s Capitalism: The Unknown Ideal is a collection of fascinating essays, including Alan Greenspan’s famous defence of free banking, Gold and Economic Freedom, which I believe he has never repudiated. Today, I found in it a section of Rand’s critique of the student rebellions of the 1960s which put me […]
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Via the BBC: Swiss voters have overwhelmingly backed proposals to impose some of the world’s strictest controls on executive pay, final referendum results show. The measure has two important strands: shareholders will have a veto on executive remuneration and golden hellos and goodbyes will be banned. The former is a […]
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In just 96 pages, Dr Nigel Ashford’s Principles for a Free Society, commissioned by the Jarl Hjalmarson Foundation, explains 12 of the founding ideas of free societies. These are civil society, democracy, equality, free enterprise, freedom, human rights, justice, peace, private property, the rule of law, spontaneous order and toleration. […]
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![😡 A wise building site carpenter once said to me,
🗣️”A Labour government is the worst kind of government for the working man [and woman].”
🇬🇧 True then. True today. We battle on.](https://www.stevebaker.info/wp-content/uploads/2024/05/442413775_18432903037051538_3387178564604183858_n-320x320.jpg)
![😡 A wise building site carpenter once said to me,
🗣️”A Labour government is the worst kind of government for the working man [and woman].”
🇬🇧 True then. True today. We battle on.](https://www.stevebaker.info/wp-content/uploads/2024/05/442413775_18432903037051538_3387178564604183858_n.jpg)
