All Posts Tagged With: "tradeoffs"
Staying Out of the Corner
In a world of pervasive scarcity, every choice has a cost. Recognizing this fact about the human condition should lead us to see the world in terms of marginal benefits and costs.
24Mar2011 | Steven Horwitz | 9 comments | ContinuedThe Health Care Debate Was “Meaningful”?
Let’s give credit where credit is due. David Brooks does say one true thing in his New York Times column, “The Values Question”, on government health care reform: “The system after reform will look as it does today, only bigger and more expensive.” Brooks is certainly right that no “health care reform” proposal with any [...]
24Feb2010 | Charles Johnson | 1 comment | ContinuedFantasy Is Not an Adult Policy Option
The Freeman, quite understandably, has an editorial focus on the advocacy of libertarian solutions to economic and social problems. In this article, however, I wish to enter a plea for adult solutions to such problems, a plea that transcends any left/right or statist/libertarian dichotomies. As I hope to persuade readers—or any serious advocates of any [...]
24Feb2010 | Gene Callahan | 4 comments | ContinuedThe Personal Is the Political
As government’s role grows, more and more decisions that we think of as personal are becoming political.
11Feb2010 | Steven Horwitz | 21 comments | ContinuedPlagues of the Mind: The New Epidemic of False Knowledge
Every generation wants to believe that it will know more than the previous one, and this knowledge will lead necessarily to material and spiritual improvement and the elimination of the moral and physical evils from which humanity has suffered for ages. Although faith in progress has enabled people to achieve great things, it has also [...]
1Sep2000 | Charles Stampul | 0 comments | ContinuedModeration in All Things
Aristotle wisely advised moderation in all things. Gluttons and fanatics self-destruct by refusing to make the tradeoffs necessary to lead a good life. “Don’t tell me that I can’t drink and carouse every night and not succeed in my career!” insists the fool. “I can have it all.” Well, he can’t. No one can. That’s [...]
1Mar2000 | Donald J. Boudreaux | 0 comments | Continued-
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