free markets

What Energy Policies Ought Conservatives Favor–a Good Example of Bad Policy Analysis

An opinion piece at MarketWatch makes a bundle of analytical mistakes as it tries to build the case that persons with conservative political views should prefer the energy policy views of Hillary Clinton over those of Donald Trump. In this case I read the “Clinton” and “Trump” names as a kind of stand-in or representative for …

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Pencil or Peach, Either Way, a Marvel of Decentralized Coordination

Many of you are probably already familiar with Leonard Read’s famous 1958 story I, Pencil. Told through the eyes of a pencil, it describes the process of producing a pencil and how many people are involved in doing so, but without ever having met or consciously, deliberately set out a plan under the control of …

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