Some Links

by Don Boudreaux on June 21, 2011

in Books, Growth, Law, Wal-Mart, War

Glenn Reynolds reviews my GMU (Law) colleague David Bernstein’s important new book, Rehabilitating Lochner.

David Price reviews Deirdre McCloskey’s Bourgeois Dignity.…  as does Steve Horwitz and Andy Morriss.

Here’s Pacific Legal Foundation scholar Timothy Sandefur on Wal-Mart’s recent victory in the U.S. Supreme Court.

Bryan Caplan on Paul Krugman on non-”liberals.”

Shikha Dalmia writes reasonably about today’s U.S. military involvement in Libya.

I’m eager to read Donald Luskin’s (and Andrew Greta’s) I Am John Galt.

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WhiskeyJim June 21, 2011 at 6:42 pm

What then, shall we say of Deirdre McCloskey, other than that she is very convincingly re-framing economics? Bless her. I read everything she writes.

It is surely not a coincidence that Hayek’s quest for understanding took him from economics to other disciplines.

My own humble and current thought is that economics may not be a discipline at all, the most practical evidence being its failure in the macro arena where its contribution seems so often less than feeble.

Sandre June 21, 2011 at 6:56 pm

really loved that Caplan piece.

vidyohs June 21, 2011 at 7:49 pm

Hands down the most important news in these links involves the Wal-mart case. Everyone should read that grasp what entire meaning of it.

Along with that here is another recent SCOTUS ruling that everyone should read and be aware of.

Contained in that decision, also unanimous, is this:

“Here is our favorite passage: “Federalism secures the freedom of the individual. It allows States to respond, through the enactment of positive law, to the initiative of those who seek a voice in shaping the destiny of their own times without having to rely solely upon the political processes that control a remote central power.” We will put this precedent to work immediately when we file our opening brief in the Obamacare lawsuit Monday, and also in our defense of Save Our Secret Ballot against the NLRB challenge, and many more cases to come.”

When you read the decision you find that the SCOTUS has unanimously said that the individual does have standing to sue the federal government under conditions never admitted before. This, as with the Wal-mart decision is very very important to you and I.

vidyohs June 21, 2011 at 8:03 pm

Edit function where are you??????

I did not make clear that the SCOTUS case I tacked on to Don’s post is about the individual having standing to sue under the 10th amendment. So the decision reinforces the common understanding of the 10th amendment vis-a-vis the states, but also goes farther and says that the 10th amendment also applies to the individual’s rights as well.

Iain June 21, 2011 at 10:30 pm

Seems to me the “let the innovators work” thesis is tied into capital accumulation.

Iain June 21, 2011 at 10:33 pm

Also, the Caplan piece is frustrating because he’s still using this false terminology. Krugman is not a “liberal” in any sense. He’s a very conservative man.

W.E. Heasley June 21, 2011 at 11:31 pm

Have read Luskin’s book I Am John Galt. Most excellent read.

vikingvista June 22, 2011 at 1:25 am

Caplan should start the equivalent of the James Randi prize, but for intellectual charlatans.

indianajim June 23, 2011 at 8:15 am

Don: Thanks for drawing attention to the Galt book; just ordered mine.

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