Another day, another hilariously awful straw man argument against libertarianism.
Economics can be counterintuitive and abstract, but it is also essential for understanding how the world works—especially when we’re trying to make policies in the spirit of good intentions.
Among my favorite observations made by Thomas Sowell is his insistence that in economic reality human beings confront, not the possibility of solutions to problems but, instead, only trade-offs. We can have more of this good, but only at the cost of having less of that good. T.A.N.S.T.A.A.F.L. Such is economic reality. A frustration suffered […]
Shamans of old knew they could bend the credulous to their will (and make a boatload of money) if the shaman could predict something like a storm, or an eclipse. “This very evening, the Night Wolf will devour the Moon Virgin! But if you pay me many coins of silver, I will force Night Wolf […]