Mixed Economy

The Bhopal Chemical Spill Disaster — Who Is to Blame? [Good Life series]

The long-term estimated death toll from the 1984 Bhopal disaster in India is about 15,000 people. To put that in context, consider that the estimated immediate death toll from the Soviet Union’s 1986 Chernobyl nuclear disaster is 4,000. The death toll from Japan’s Fukushima nuclear radiation leak in 2011 is zero. And the death toll […]

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“Third Way” Politics and Its Fruits — reprint version

Here’s a print version [pdf] of my post on “’Third Way’ politics and its fruits” from earlier this year. Thanks to Chris Vaughan for his graphics work. The opening: “In 1998, President Bill Clinton announced: ‘We have moved past the sterile debate between those who say Government is the problem and those who say Government

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My upcoming lectures at Universidad Francisco Marroquín

From November 3 to 6, I will be giving an invited series of lectures and seminars (nine hours worth of them!) at the Francisco Marroquín University in Guatemala. My general themes will be entrepreneurship, ethics, philosophy, and political economy. The times titles of my various talks are as follows. Open Lecture (Thursday, November 3): “Entrepreneurs

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APEE talk on the mixed economy

At the APEE conference next month in Las Vegas, I will be presenting “The Evolution of the Mixed Economy – A Schematic Approach.” My talk integrates themes from several major thinkers from whom I have learned a great deal: Adam Smith, Ludwig von Mises, Ayn Rand, Friedrich Hayek, Milton Friedman, James Buchanan, and Gordon Tullock.

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Pathologies of the mixed economy (or, How we got into this frackin’ mess)

Putting into one flowchart what I have learned from Adam Smith, Ayn Rand, Ludwig von Mises, Friedrich Hayek, Milton Friedman, James Buchanan, and Gordon Tullock. The flowchart is in spreadsheet format: the short version and the long version in Excel 2007 or in Excel 97-2003. Update: DJ Dates has a cool, scalable Google maps version

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