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Here’s more wisdom from the ever-wise Bruce Yandle. A slice:

We’re facing a series of related choices between private and public decisions, permitting or breaking up big businesses, and encouraging today’s largely market-based system versus building a future with significantly more federal regulation. In making each choice, we must ask whether our elected officials are really brighter and more ethical, on average, than the people they represent.

My intrepid Mercatus Center colleague Veronique de Rugy looks at the Trump administration’s fiscal forecast.

George Will recommends Thomas Mallon’s new novel, which is about the second presidential term of George W. Bush. Here’s a priceless passage that Will quotes from a 2016 essay that Mallon published in the New Yorker:

“As we got deep into 2016, the Iraq insurgency and Hurricane Katrina came to feel almost like refuges. So did the political discourse of the early two-thousands: I invite you, in our current ghost-tweeted political era, to go back just eight years, to the Facebook postings of Sarah Palin, and tell me that they do not now read like a lost volume of ‘The Federalist Papers.’ ”

Mike Munger points out that Sweden was saved by capitalism.

Chris Edwards makes clear that there is no plausible case for an increase in the federal gasoline tax.

Shikha Dalmia explains that Trump is not shrinking Uncle Sam’s empire.

Recycling is garbage.

I agree with my GMU Econ colleague Bryan Caplan that “a professor’s fundamental fiduciary duty is to teach their students about the world – not what his peers think about the world.