This “novel theory” (novel with Adam Smith) is, of course, that the allocation of resources should be determined by the forces of the market rather than as a result of government decisions. Quite apart from the malallocations which are the result of political pressures, an administrative agency which attempts to perform the function normally carried out by the pricing mechanism operates under two handicaps. First of all, it lacks the precise monetary measure of benefit and cost provided by the market. Second, it cannot, by the nature of things, be in possession of all the relevant information possessed by the managers of every business … to say nothing of the preferences of consumers for the various goods and services…--coase.
[It is] the first quality of a Liberal to claim the same thing for others and for oneself, to dislike exception and prerogative, to think of all men and all countries, to acknowledge the rights of the individual, derived from nature and universal, in preference to the primitive rights of a country or of a clan, obtained by force and not from heaven.--Lord Acton
immigration reduced union density by 5.7 percentage points between 1980 and 2020, which accounted for 29.7 percent of the overall decline in union density during that period.
A government thus limited [as proposed in the American Declaration of Independence] is not in the business of imposing its opinions about what happiness the citizens should choose to pursue. Having such opinions is the business of other institutions – private and voluntary ones, including religious ones, that nourish the conditions for liberty. The Founders did not consider natural rights reasonable because religion affirmed them; rather, the Founders considered religion reasonable because it secured those rights.--Will
Alex Washburne, a Montana-based mathematical biologist and statistician who has published in ecology, evolution, epidemiology and finance, tried to sound the alarm bell on the massive collateral damage of lockdowns very early on. His background in finance and economics led him to believe that “the COVID response was greatly imbalanced and risked causing harm in the service of public health.”
“Covid showed me ways in which socioscientific inefficiencies…can lead to an insular expert class that mismanages critical risks our society faces and, without checks and balances, they can weaponize their myopic expertise (e.g. epidemiology) to mislead society and cause harm…”
As a result of the backlash he faced, Washburne eventually left academia and founded Agora, a new scientific startup and incubator ‘safe space’ for scientists of different backgrounds and divergent political views to collaborate. (from cohen)
From a recent study: "Our findings contribute to a growing body of literature which suggests school-based mask mandates have limited to no impact on the case rates of COVID-19 among K-12 students."
In Soundview Bronx, only 7% of students who enter ninth grade are ready for college four years later. For black students, the figure is 4%.
A libertarian – which mean a true “liberal” in the original sense of the word – wants a society with no human-made, involuntary ups and downs, no masters and slaves. That’s all there is to it.-McCloskey
Will on Bauerline: "...he anticipated that millennials were going to become “unsatisfied and confused” adults, bereft of the consolations of a cultural inheritance, which is unavailable to nonreaders. They would be gripped by the furies of brittle people bewildered by encounters with disagreement, which they find inexplicable. And by the apocalyptic terrors that afflict frustrated utopians, the only kind there is."
Sally Hemmings, Native American lands, and slavery have become very prominent in the tour of Monticello, along with diminishing Jefferson himself.
Monticello’s push to “finish the restoration of the landscape of slavery” on the estate has largely been funded by left-leaning philanthropist David M. Rubenstein, who donated $20 million toward that effort in 2015. Rubenstein, a private-equity billionaire and former Carter Administration official — recently pledged to continue his extensive investments in China — and is on the boards of the globalist World Economic Forum, China’s Tsinghua University, and the Council on Foreign Relations, among others.
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