Posts in Economics
Words Worth Noting - June 15, 2022

“A charitable view is that [Alan] Greenspan is what Karl Popper called a ‘historicist’ – one who believes the way people respond to incentives changes, so that economic models true last year are no longer true today…. But, what looks like an open and forward-looking mind may be, as Popper suggested, nothing more than a mind without bearings.”

Filip Palda in Ottawa Citizen March 17, 2000

What a rational debate on guns would look like

In my latest National Post column I explain how anyone who actually wants to have a sensible conversation on guns not a shouting match, or a virtue-signalling festival, could go about it.

Words Worth Noting - June 1, 2022

“Human beings can control their own acts, but not the consequences of their acts to themselves or to others. Society can subject the distribution of wealth to whatever rules it thinks best: but what practical results will flow from the operation of those rules, must be discovered, like any other physical or mental truths, by observation and reasoning.”

John Stuart Mill, Principles of Political Economy, quoted in Thomas Sowell, Classical Economics Reconsidered