Politics

Blamestorming and Environmental Problems (Part I) [Good Life series]

Some parts of the world really are environmental Hells. They are dirty and depleted, making them unhealthy and economically unsustainable. We can argue about the severity of various places’ problems, but I want to focus on another aspect of the debate: determining accurately the causes of the degradation so we can focus productively on finding […]

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Corruption—Is It Worse in Free or Government-Regulated Markets? [Good Life series]

Bad things happen in free markets. Some people lie, cut corners, commit fraud, and write bad checks. Others renege on contracts, offer or accept bribes, give kickbacks, embezzle, and more. Often this translates into an argument for government regulation. Free markets maximize liberty, the argument runs, so they give much more scope to immoral individuals,

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Can We Blame Keynes for Keynesianism? [Good Life series]

In our era of Keynesian economics on steroids, we should ask: How close is current Keyesnian practice to original Keynesian theory? John Maynard Keynes‘s main claim to fame is his advocacy of deficit spending as a tool of economic recovery. In a depressed economy, the argument runs, the government should spend money it doesn’t have.

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Is Republishing Hitler’s Mein Kampf the Correct Decision? [Good Life series]

German authorities will allow the republication of Adolf Hitler’s Mein Kampf, after decades of censorship. Decent people can argue that the book is too dangerous to be published. But the fact is that Mein Kampf is too dangerous not to be published. The great fear is that Hitler’s ideas are not dead and that his

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Good Monopoly, Bad Monopoly: When Are Monopolies Actually a Problem? [Good Life series]

Let me give you some examples of monopolies and ask: Which are good and which are bad? 1. Megan and Ramon begin dating and become enraptured of each other. Soon they are monopolizing each other’s time and decide to form a lifetime, exclusive relationship. 2. A town in a remote area has a few stores

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