Brian Balfour is Executive Vice President for the Civitas Institute, a free market advocacy organization in Raleigh, North Carolina
The temporary surge in hurricane-related economic activity can in some ways help us understand the effects of the equally-temporary surge in activity related to an economic boom.
Booms and BustsThe Entrepreneur
The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.
Bureaucracy and RegulationFree MarketsEntrepreneurshipValue and Exchange
Calls for finding efficiencies in government by electing or appointing people to “run it like a business” are futile.
People engaging in motivated ignorance “neither know — nor want to know — what the opposition has to say.”
Cronyism and CorporatismU.S. History
The big-business-connected creators of Social Security sought to use the system to punish their competitors in the small-business sector.