Not Going to Run Out

Now I have outlined in a previous post the fact that incentives are inescapable. It is not whether finite creatures will have them, but which incentives they will have. They will respond to various incentives according to their nature, according to the moral condition of their heart and head. You cannot lure a hungry horse …

Black Markets

He who names, wins. And one of the things that statists, tyrants and bullies like to do, when their regulations have shut virtually every productive thing down, is call the small remaining enclaves of free transactions “black markets.” Black markets, aye. And of course, there is a certain kind of Christian who, when Congress (in …

Real Wealth Hasn’t Gone Anywhere

In these, the golden years of congressional farce, we need periodically to be reminded of a few basic economic realities. Here is just one of them. I will try to offer up others from time to time, but I keep getting distracted by the glorious theatrics all arouund us. It is hard to keep my …

Got a Ninctobinkus Broke In It

Michael Spencer has written a thoughtful article on the coming evangelical collapse that has gotten some good circulation, and you can take a gander here. Only two quick comments. First, he is absolutely right that the evangelical movement is in the process of collapsing, but only in the sense that the banks that are all …