In my latest National Post column I say we all lost the 2019 Canadian federal election.
“Especially remarkable in this connection is the explicit and complete exclusion from the theory of perfect competition of all personal relationships existing between the parties. In actual life the fact that our inadequate knowledge of the available commodities or services is made up for by our experience with the persons or firms supplying them – that competition is in a large measure competition for reputation or good will – is one of the most important facts which enables us to solve our daily problems.”
“The Meaning of Competition” in Friedrich Hayek, Individualism and Economic Order
In my latest National Post column I ask why everybody including the Tories is running against the Tories.
“The economic problem is not one of allocating resources efficiently when everything is known and constant, but of learning how to allocate and reallocate resources in an uncertain and changing world.”
Dominick T. Armentano, Antitrust Policy: The Case for Repeal
“Saul Gorn once told me his theory of asceticism: ‘It is well known that the longer one postpones a pleasure, the greater the pleasure is when one finally gets it. Therefore, if one postpones it for ever, the pleasure should be infinite.'”
Raymond Smullyan 5000 B.C. and Other Philosophical Fantasies
If you enjoy a lively, controversial, definitely counter-consensus take on all kinds of issues, check out Rex Murphy’s new “RexTV” on YouTube: https://www.youtube.com/watch?v=ZygLRdUzljg
In my latest National Post column I say Banksy bagging $16 million for a “subversive” painting of the British parliament as a bunch of chimpanzees shows the debased state of our culture that helps explain the debased state of our politics.