What’s So Great about Representative Government?

“Two wolves and a sheep deciding what’s for dinner” — a clever metaphorical descriptor of pure democracy sometimes attributed to that wellspring of clever metaphorical descriptors Benjamin Franklin. Other founding fathers were less clever and less metaphorical on democracy than Mr. Franklin, but just as damning nonetheless:

“A simple democracy … is one of the greatest of evils.” — Benjamin Rush, signer of the Declaration of Independence

Economics, the Environment, and Environmysticism

On this Thanksgiving, I am thankful for the prosperity we all enjoy. In a couple of my econ 100 classes on Tuesday, we spent a bit of time talking about how land-use restrictions affect both housing prices and the environment. An important point of departure between economics and an extreme form of ecocentric environmentalism that I have called “environmysticism” is that environmysticism holds preservation of nature as a moral end in itself while economics is the analysis of human action.