The great stagnation might, after all, be real: Arnold Kling has stopped blogging.
Sheldon Richman comments incisively on Matt Yglesias’s evaluation of the relevance of Bastiat.
As you watch this very short video – which, while cute, makes an important point – keep in mind Deirdre McCloskey’s thesis that culture and rhetoric matter greatly. Widespread admiration for activities and professions that, at bottom, are predatory is dangerous.
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