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Some Links

Posted By Don Boudreaux On August 31, 2011 @ 12:16 pm In Books,Hubris and humility,Myths and Fallacies,Reality Is Not Optional,Seen and Unseen,Trade,Video,War | Comments Disabled

Gene Healy wisely doubts that the Obama administration’s success in ousting Gadhafi from his power-base in Tripoli is a victory worth celebrating [1].

The Manhattan Institute’s Heather Mac Donald exposes a journalist’s questionable premises [2].

The Fraser Institute’s Mark Milke shares sensible thoughts on the unsustainability of the welfare state [3]; here are some key ‘grafs:

For the record, the fault for the ramped-up public debt cannot be placed on “too low” taxes. A variety of countries with widely differing tax levels all continued to borrow massively over that period.

For example, since 1995, and as a percentage of its economy, Greece’s total tax take has been about one-eighth to one-fifth higher than the United States (depending on the year). But high-tax Greece put itself into more debt as did the (relatively) low-tax U.S. Or consider the UK; its tax rates rose steadily since 1995 but so too its red ink problem.

In other words, the assumption that higher tax revenues will save a country from its spending and borrowing addiction is mistaken. That’s not any more likely than a modest raise for a consumer maxed out on her credit cards whose real problem is overspending.

In this new Institute for Humane Studies video (from IHS’s LearnLiberty division), I offer some introductory thoughts on free trade and protectionism [4].

Leave it to my brilliant younger colleague Bryan Caplan to instructively connect a classic children’s tale with The Fountainhead [5].

Jonah Goldberg sensibly warns against the Cult of Expertise [6].

Here’s the Washington Examiner‘s David Freddoso on the lunacy of government-promoted “green jobs [7].”  (HT Adam Bitely)

Richard Rahn riffs on Vito Tanzi’s new book [8] – a book [9] that I knew nothing of until now, but have just put on my reading list.

Finally, speaking of books that I want to read, Nick Schulz reviews [10], in today’s Wall Street Journal, Sonia Arrison’s 100+ [11].

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URLs in this post:

[1] Gene Healy wisely doubts that the Obama administration’s success in ousting Gadhafi from his power-base in Tripoli is a victory worth celebrating: http://www.sfexaminer.com/opinion/op-eds/2011/08/mission-accomplished-libya

[2] The Manhattan Institute’s Heather Mac Donald exposes a journalist’s questionable premises: http://secularright.org/SR/wordpress/2011/08/30/a-new-york-times-reporter-tips-his-hand/

[3] The Fraser Institute’s Mark Milke shares sensible thoughts on the unsustainability of the welfare state: http://www.fraserinstitute.org/research-news/news/display.aspx?id=17883

[4] In this new Institute for Humane Studies video (from IHS’s LearnLiberty division), I offer some introductory thoughts on free trade and protectionism: http://www.learnliberty.org/content/free-trade-v-protectionism

[5] Leave it to my brilliant younger colleague Bryan Caplan to instructively connect a classic children’s tale with The Fountainhead: http://econlog.econlib.org/archives/2011/08/the_soul_of_a_c.html

[6] Jonah Goldberg sensibly warns against the Cult of Expertise: http://www.latimes.com/news/opinion/commentary/la-oe-goldberg-expertise-20110830,0,1467160.column

[7] Here’s the Washington Examiner‘s David Freddoso on the lunacy of government-promoted “green jobs: http://washingtonexaminer.com/opinion/columnists/2011/08/green-jobs-promise-something-nothing

[8] Richard Rahn riffs on Vito Tanzi’s new book: http://www.washingtontimes.com/news/2011/aug/30/growing-the-economy-for-dummies/

[9] book: http://www.amazon.com/Government-versus-Markets-Changing-Economic/dp/1107096537/ref=sr_1_1?s=books&ie=UTF8&qid=1314807156&sr=1-1

[10] Nick Schulz reviews: http://online.wsj.com/article/SB10001424053111903461304576522682469695342.html?mod=WSJ_Opinion_LEFTTopOpinion

[11] Sonia Arrison’s 100+: http://www.amazon.com/100-Plus-Longevity-Everything-Relationships/dp/0465019668/ref=sr_1_1?s=books&ie=UTF8&qid=1314807282&sr=1-1

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