Archive for Philip Murray
That’s Not What We Meant to Do: Reform and Its Unintended Consequences in Twentieth-Century America by Steven M. Gillon
The art of economics, as Henry Hazlitt might put it, is to uncover the unanticipated effects of an act. In “That’s Not What We Meant to Do,” historian Steven M. Gillon details the history of five federal acts. He states, “My goal is fairly modest: to tell a few stories of how unintended consequences occur, to speculate about their significance, and to inspire more research and discussion about this often mentioned but infrequently explored theme.”
1Jul2001 | Philip Murray | 0 comments | ContinuedBook Review ~ Governments End: Why Washington Stopped Working by Jonathan Rauch
Public Affairs • 1999 • 295 pages • $12.00 Jonathan Rauch is among the keenest observers of government in the United States. By “government’s end” he means that “government has become what it is and will remain: a large, incoherent, often incomprehensible mass that is solicitous of its clients but impervious to any broad, coherent [...]
1Jan2001 | Philip Murray | 0 comments | Continued-
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Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More




