Sorry blogging has been so sparse lately, but Tom Woods is a slave driver.
In the meantime, here are three quotes from economists I read regularly, and my reactions.
==> Alex Tabarrok, in his case for open borders: “What moral theory justifies using wire, wall, and weapon to prevent people from moving to opportunity?”
My response: At face value, that can only mean that no moral person can ever use wires, walls, or weapons to deter other people, period. But I think Alex is perfectly fine with the owners of banks using wires, walls, and weapons to prevent people from exercising their freedom of movement and seizing some opportunity.
I’m not quibbling over words. See here for why I think the “Open Borders” guys have picked the wrong slogan (and accompanying rhetoric), even though we agree 99% on the issue.
==> Scott Sumner writes: “The passivity of real world central banks should not lead us to doubt what a really determined monopoly producer of intrinsically worthless fiat money can do, if sufficiently determined.”
My comment: To be clear, Scott is writing the above in support of more central bank action. He is telling the coach to put him in the game, so he’ll debase the currency.
==> Tyler Cowen, on the new Matt Damon movie: “(Planets, by the way, create erotic bonds stronger than those of actual marriages.)”
My comment: I can’t decide if my favorite part of this sentence is the “by the way” or the parentheses.