In this post, Bob Higgs asks the sensible question:
What is the difference between a government and a criminal gang or protection racket such as the mafia?
Chris Mayer channels Julian Simon. (HT Walter Grinder) Here’s Mayer’s conclusion:
So here is my prediction: I believe we are on the cusp of even greater levels of innovation and development — another industrial revolution is in progress right now. So ignore the gloom and doom on natural resources. Contra [Jeremy] Grantham, the days of abundant resources and falling prices are far from over.
How’s this for a Valentine’s Day treat? Steve Landsburg is speaking on February 14th in Baltimore – at the University of Maryland’s Baltimore campus – on More Sex is Safer Sex: The Unconventional Wisdom of Economics.
One of the greatest and finest men I’ve ever known is the late Manuel Ayau. I do not exaggerate.