In my last post, I wrote about the absurdity of economic process in the realm of the Hobby Lobby religious liberty arguments. To drive the point home at how arbitrary this procedural silliness is, I have a hypothetical April Fools joke one could play on Hobby Lobby.
I agree with Elizabeth Stoker’s take that the Hobby Lobby contraception stuff is really confused. Ostensibly, Hobby Lobby is objecting to having to “pay” for the contraception coverage of its employees. This is contrasted with other forms of financing contraception, which we are told by those who argue on behalf of Hobby Lobby [...]
When I use the word violence in the context of discussing theories of property, I mean a specific thing by it: acting upon the bodies of others without their consent. This is as neutral a definition of “violence” as you will find. It is the definition of violence implied by the concept of [...]
I’ve argued here and elsewhere that property is an institution of involuntary, violent, coercive aggression (I, II, III, IV, V, et al). These arguments are clearly correct, but they are lacking in one important respect: they don’t constitute a full descriptive account of the institution [...]
Nate Silver launched FiveThirtyEight this week along with a really long manifesto. In it, he attacks a lot of other journalism and especially opinion writers. This is easy to do because a lot of journalism is pretty bad, often for the reasons he provides.
A number of other writers did not take kindly [...]
In his new book, Piketty has a rather lucid interpretation of Marx’s hypothesized “tendency of the rate of profit to fall” that also helps illuminate his hypothesis that capital’s share of income will grow in the next century.
For Marx, the logic of capitalism would either cause the rate of profit [...]
From “Capital in the Twenty-First Century:”
To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences. Economists are all too often preoccupied with petty mathematical [...]
This graph purports to show an increase in regulation activity in the United States:
The Federal Register is the place where administrative agencies put notices of proposed rulemaking (NPR). The assumption underlying the graph is that more pages in the Federal Register means that there are more proposed rules and [...]
A bigger flaw with the argument comes with Bartels’s second piece of evidence. He cites scholars at Columbia University who have concluded that Social Security, the earned [...]
Consider this tweet:
In a truly liberal society, anyone could refuse to engage in private commerce with anyone for any reason http://t.co/UxqCQKYyb4
— JustinGreen4000 (@JGreenDC) March 7, 2014
Now ask yourself this question: can people in the U.S. refuse to engage in private commerce with anyone for any reason?