Myths about Free Markets

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Myths about Free Markets


Kahneman, Greed and Success, Bryan Caplan | EconLog | Library of Economics and Liberty

http://econlog.econlib.org/archives/2012/01/kahneman_greed.html

 


Lessons From and For the Class Struggle on Wall Street

http://www.forbes.com/sites/artcarden/2011/10/13/lessons-from-and-for-the-class-struggle-on-wall-street/


Sowell Quote

http://divisionoflabour.com/archives/2011_03.php#007653


The Psychology of People Against Profit, Bryan Caplan | EconLog | Library of Economics and Liberty

http://econlog.econlib.org/archives/2010/12/the_psychology_1.html

 


Consumerism Is Keynesianism

http://www.thefreemanonline.org/headline/consumerism-is-keynesianism/


The Myth of the Razors-and-Blades Strategy

http://organizationsandmarkets.com/2010/09/15/the-razors-and-blades-myth/


Richest lawmakers grew wealthier as economy faltered

http://news.yahoo.com/s/yblog_upshot/20100901/pl_yblog_upshot/richest-lawmakers-grew-wealthier-last-year-as-economy-faltered


Westerners vs. the World: We are the WEIRD ones Read more: http://www.nationalpost.com/Westerners+World+weird+ones/3427126/story.html#ixzz0xoy35eaH

http://www.nationalpost.com/Westerners+World+weird+ones/3427126/story.html


Prosperity is the friend of wildlife | The Rational Optimist…

http://www.rationaloptimist.com/blog/prosperity-friend-wildlife

Daniel J. Smith
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http://www.danieljosephsmith.com


Benjamin Franklin on wealth

http://www.latimes.com/news/opinion/commentary/la-oe-kochan-luxury-20100726,0,5604070.story


Milton Friedman: Do Good-ers Who Do Harm

http://www.youtube.com/watch?v=-P9Y4H2GyS4&playnext_from=TL&videos=VpOP1jNRmqg


Kirzner on Self Interest

http://www.cato.org/pubs/journal/cj25n3/cj25n3-6.pdf


The Political Economy of Segregation

http://www.jstor.org/pss/2121814


Why Businesses Don’t Experiment

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Why Businesses Don’t Experiment


Unintended Consequences

Professor Steven Horwitz:

Consider the two-by-two matrix below.

We have moral language for three of the four possible combinations of intent and outcome. Vice and virtue are easy enough, as they are our common terms for discussing the morality or desirability of our actions when the outcomes match our intentions. But what about when they don’t? We have the category of “negligence” when we cause negative outcomes we did not intend, such as failing to set the brake on a car that rolls down a hill and damages property. But we do not have a word for the unintentional doing of good! That missing box is filled in by economics and good social science as they explain how, under the right institutional framework, the pursuit of self-interest leads to unintended benefits for society as a whole.”

http://www.thefreemanonline.org/featured/unintended-consequences/


Who’s Greedy?

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Who’s Greedy?


The Lesson of Ebenezer Scrooge

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The Lesson of Ebenezer Scrooge


Greedy-Bastard Economics

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Greedy-Bastard Economics

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If your landlord or apartment manager hasn’t gotten around to fixing your garbage disposal for weeks, how carefully do you think about why? If you are like many people, you simply blame your landlord or manager
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Daniel J. SmithSent Via Mobile Phone


Ricardo’s Difficult Idea – Krugman

http://web.mit.edu/krugman/www/ricardo.htm


Everything You Wanted to Know About Economists

http://www.forbes.com/2009/09/11/economists-free-market-jane-smiley-opinions-contributors-capitalism.html


Is Philantrophy Always Good?

http://www.google.com/reader/i/#stream/user%2F09575664808669495461%2Fstate%2Fcom.google%2Freading-list

Daniel J. Smith
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Milton Friedman on Greed

http://www.youtube.com/watch?v=RWsx1X8PV_A


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