Politics

Good Monopoly, Bad Monopoly: When Are Monopolies Actually a Problem? [Good Life series]

Let me give you some examples of monopolies and ask: Which are good and which are bad? 1. Megan and Ramon begin dating and become enraptured of each other. Soon they are monopolizing each other’s time and decide to form a lifetime, exclusive relationship. 2. A town in a remote area has a few stores

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Krause’s 2016 index of institutional quality

Last month I linked to the 2015 edition of “INSTITUTIONAL QUALITY 2015” [pdf], which ranks 193 countries in three categories: Institutional Quality, Political Institutions, Market Institutions. Here is the new 2016 edition, in Spanish and English. Martín Krause is Professor of Economics and the University of Buenos Aires and a specialist in law and economics

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Our Schizophrenic Politics — Sex, Health, Religion, Money, and Other Important Stuff [Good Life series]

schiz•o•phren•ic, adjective: Of, relating to, or characterized by the coexistence of disparate or antagonistic elements. Let’s talk about one reason why politics makes us all a little crazy — its incoherent mix of laws and regulations. (Warning: overcharged metaphor ahead.) Not only does the left hand of government often not know what the right hand

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Nechayev’s “The Revolutionary Catechism”

[Posted here as an example of nineteenth-century nihilism integrated with violence and destruction as a means to a revolutionary end.] The Revolutionary Catechism By Sergey Nechayev (1869) The Duties of the Revolutionary toward Himself 1. The revolutionary is a doomed man. He has no personal interests, no business affairs, no emotions, no attachments, no property,

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Nuestro problema con el Che Guevara

por Stephen Hicks  [This is a Spanish translation of “Our Che Guevara Problem”, first published in English at EveryJoe and then translated into Portuguese at Portal Libertarianismo.] Es muy probable que alguien que conozcas tenga una camiseta del Che. Versiones románticas del rostro barbudo de Ernesto Guevara Lynch son muy populares en los campus universitarios y

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