ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax
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And how much of this wonderful stuff has its origins in publicly funded research and development that is both international and intergenerational. The difficulty with your mantra of 'free markets' is precisely that it is a mantra. Markets do not exist until there are understandings and agreements on which markets can be based. Who pays for basic research and who ends up paying for misunderstandings and disagreements when they happen.
John, free markets != anarchocapitalism.
I predict that at least a quarter of the class has heard this.
Everyone knows that the biggest problem with the world today is that it is insufficiently magical.
Hence the MC Frontalot song "First World Problems." Expectations adjust quickly, and discontent arises when reality differs from current expectations, not based on a comparison of the world today against what it was on some long since past reference date.
In typing a longer version of this post, I accidentally closed the browser tab, losing everything I had typed...and I was really annoyed. (First world problem.)