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Some Links

Tweet [1]

Arnold Kling is a Hayekian [2].  A slice:

At large scale, the coordination problem becomes much more complex. Economists pay attention to this, and that makes them wiser than non-economists who do not.

But many economists are far too oriented toward the possibilities of centralized command (government regulation) as a coordinating mechanism. And they are too smug about what they can accomplish using math and statistics.

Mike Munger explains that in Canada it’s impolite to stair [3].

Elaine Schwartz celebrates workers whose labors are invisible to us [4].  (I add only that each of us never sees – and, much less, gets to know – 99.9 percent of the workers [5] whose knowledge, information, and daily efforts make possible not only our high standard of living but, in today’s world, our very lives.)

Tom Mullen offers his explanation of how so-called “price gougers” help to reduce scarcity [6].

Mark Perry shares some videos of Milton Friedman busting myths about labor unions [7].

Nicholas Cachanosky argues what should be obvious but is not: natural disasters are not good for the economy [8].

Jeff Jacoby writes with compassion, historical understanding, and sound reasoning about today’s Muslim immigrants to America [9].  Here’s his conclusion:

During the debate on independence in 1776, Richard Henry Lee of Virginia declared that liberty in America [10] must be universal, embracing “the Mahomitan [Muslim] and the Gentoo [Hindu] as well as the Christian religion.” The potency of that embrace [11] has not diminished. Immigrants of every faith still come to America, and become Americans.