Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Originally posted on The Market Monetarist:
I just stumbled on this interesting discussion between Eugene Fama and Richard Thaler – they talked about whether markets are efficient or not. Thaler argues that markets are not efficient. Fama agrees, but nonetheless are argue that we have no better model of the world. It shouldn’t be a surprise to…

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Originally posted on econfix:
With oil prices being at historically low levels, oil exporting countries have been struggling to generate the revenue that was once apparent not so long ago. In Venezuela, for instance, oil accounts for 95 percent of Venezuela’s export earnings and plummeting world prices have severely hit the government’s revenue stream. The Middle…

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Originally posted on orgtheory.net:
I recently suggested that conservatives like to associate themselves with the libertarians because it looks cool, even if these groups believe very different things. There is more evidence that the conservative/libertarian fit is bad. From an article about a survey done by the Public Religion Research institute: Sixty-one percent of…

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Originally posted on orgtheory.net:
Over at the Washington Post/Monkey Cage, Michael T. Heaney has an article about what he learned about DNC protesters. A few big points. First, Berners dominated the protest: We went to demonstrations on many issues, including clean energy, police mistreatment of African Americans, immigration, poverty and peace. Our surveys on…

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