“Immigrants make it a World Series,” writes Stuart Anderson.
“The defenders of the Affordable Care Act are running out of excuses for the dismal performance of its health care exchanges,” writes Richard Epstein. (HT Warren Smith)
I would put Arnold Kling’s valid point – in opposition to the world view of Sebastian Mallaby (and many others) – this way: rules for governing human behavior nearly always are best when they evolve spontaneously in decentralized, competitive situations; such rules – being the results of human action but not of human design – are happily the products neither of “experts” nor of “non-experts”; they are, instead, the undesigned, evolved products of processes in which everyone who participates exerts an influence on the contents and structure of the rules but no one consciously creates them.
At least in Sweden, family inheritance seems to reduce, rather than exacerbate, wealth inequality. (HT Tyler Cowen)
I love this quotation, from Romans Pancs, that is shared by Steven Landsburg.
I escaped for a break home when they went to the Museum of Anthropology… No one has been able to explain to me what’s the point of studying failed civilisations when I can study successful ones by visiting Macy’s.
