“Certainly the point that liberty is only one argument in the utility function, and you can put liberty on an indifference curve against bananas and have an isoproduct curve and indifference curves and this and that, is part of this moral colour-blindness.”
Walter Block in Michael A. Walker, ed., Freedom Democracy and Economic Welfare: Proceedings of an International Symposium
In my latest Epoch Times column I ask whether a government invoking emergency powers over protest crowdfunding has any interest in getting after literally hundreds of billions in dirty money being laundered in plain sight in Canada.
In my latest Epoch Times column I say the real danger facing Canada isn’t tyranny but anarchy, with governments full of meddlesome ambition so lost in make-believe they freeze facing real-world problems.
In my latest National Post column I ask how I, of all people, could be a lonely voice of balanced reason on the truckers’ protests.
In my latest National Post column I say the only reason Erin O’Toole’s leadership isn’t over is that it never started.
“I am constantly asked what we are going to do with the [Nobel economics] prize money – $1.2 million before Uncle Sam takes his very large bite. The answer to that is a simple lesson in economics. Wants always expand to take advantage of new opportunities, which explains why consumers in rich countries feel no more satiated than do those in poor countries. My wife and I won’t have the slightest difficulty spending the prize money.”
Gary Becker in Business Week November 2 1992 [but if so then the marginal utility of new income is zero which surely is not true]
“Feeling badly done to is not a saleable commodity.”
Another of mine, from September 16, 2005 (these days I’m not so sure, but it still shouldn’t be)
In my latest Epoch Times column I say it’s amazing that people still think our governments can make us healthy, wealthy, wise and well-housed when they routinely bungle their most elementary responsibilities including national defence, unable even to find weapons for our desperately undersized military.