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Posted By Don Boudreaux On November 5, 2013 @ 11:07 pm In Crony Capitalism,Curious Task,Debt and Deficits,Economics,Energy,Environment,Growth,Myths and Fallacies,Other People's Money,Standard of Living,Weblogs | Comments Disabled
David Henderson introduces Richard McKenzie’s new EconLib essay – one that exposes the errors that can be caused by presuming that the task of understanding reality involves little more than sticking with pedestrian observations and prejudices .
History is full of examples of privately supplied roads and education, not to mention more difficult cases. The existence of a collective-action problem is not a sufficient argument for government intervention. To believe otherwise is to ignore the creative and imaginative capacities of individuals engaging in private collective action to overcome collective-action problems.
John Taylor, writing in the Wall Street Journal, explains that the problem is extreme policies rather than extreme people . And Taylor here ably counters Paul Krugman’s disagreement with crucial parts of Taylor’s essay .
Private individuals, households, and firms could never get away with behavior so wasteful and perverse as that which government routinely gets away with. Maxim Lott has more .
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 David Henderson introduces Richard McKenzie’s new EconLib essay – one that exposes the errors that can be caused by presuming that the task of understanding reality involves little more than sticking with pedestrian observations and prejudices: http://econlog.econlib.org/archives/2013/11/mckenzie_on_dri.html
 GMU Econ PhD student Alex Salter ruminates creatively on libertarians and voting: http://www.fee.org/the_freeman/detail/libertarians-and-voting#axzz2jd06zQSN
 In my latest column in the Pittsburgh Tribune-Review, I plug the Cato Institute’s wonderful new interactive website, Humanprogress.org: http://triblive.com/opinion/donaldboudreaux/5002440-74/hours-ago-worker#axzz2jmmxnzcb
 David Friedman again puts government priorities in perspective: http://daviddfriedman.blogspot.com/2013/10/whator-whomatters.html
 John Taylor, writing in the Wall Street Journal, explains that the problem is extreme policies rather than extreme people: http://economicsone.com/2013/10/29/more-on-its-extreme-policies-not-extreme-people/
 Taylor here ably counters Paul Krugman’s disagreement with crucial parts of Taylor’s essay: http://economicsone.com/2013/10/30/extreme-policies-are-a-big-problem-despite-naysayer/
 Wisdom from James Pethokoukis on the alleged “infrastructure crisis.: http://www.aei-ideas.org/2013/11/actually-america-doesnt-have-a-trillion-dollar-infrastructure-crisis/?utm_source=today&utm_medium=paramount&utm_campaign=110513
 Maxim Lott has more: http://www.foxnews.com/politics/2013/11/05/government-awards-more-contracts-to-company-that-created-obamacare-exchange/?cmpid=cmty_twitter_fn
 Richard Rahn writes on the proper role of the judiciary – and that role ain’t simply (as too many conservatives have for too long insisted) to defer to legislatures: http://www.washingtontimes.com/news/2013/nov/4/rahn-judges-with-a-rubber-stamp/
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