July 26, 2016
You Can’t Get There From Here? A Reply to Magness
Phil Magness replies to my post by advancing a new argument that while the UBI might be a fine policy, we can’t get to it from our present circumstances. If…
All posts in: Economics
July 25, 2016
The UBI in Non-Ideal Theory and Ideal Theory
Phil Magness has complained, at length, on Facebook that proponents of a universal basic income (UBI) like myself have failed to grasp with various “public choice” problems that would surely…
May 18, 2016
Stanley on Free Market Ideology
UPDATE: Make sure to read the comments posted below from Stanley, who claims I’ve misunderstood the thesis of this essay. His comments are entirely reasonable. In re-reading his essay after…
May 17, 2016
Save the Jobs!
The New York Times reports that automation may be coming to long-distance trucking. Oh, no, think of all the lost jobs! Capitalism’s relentless pursuit of cold hard efficiency will be…
May 09, 2016
Hayek’s “The Use of Knowledge in Society” – A Summary
I have been thinking a lot about the misunderstandings of Hayek’s “The Use of Knowledge in Society” essay. Below I offer what I think is a quick summary of his argument that…
May 03, 2016
Questions and Answers on Workplace Democracy
My BHL colleague Chris Freiman has three questions for left-libertarians concerning how we reconcile our “commitment to workplace democracy” with the “other commitments that libertarians are inclined to have.” Here…