Today I discuss a multitude of unintended consequences with which we the citizens must grapple. I reveal to you the absolute best book on economics for a beginner, and discuss how that book will forever change how you see the world. Interested in the red pill? Listen up and find out more.
“The market promotes and rewards the skills of production and voluntary cooperation. The Government enterprise promotes the skills of mass coercion and bureaucratic submission…and those who get to the top will be those with the most skill in that particular task.”
“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.”
A Rule Meant to Reduce Neurosurgeon’s Fatigue Went Terribly Wrong, by the Learn Liberty Team at Learn Liberty
Seattle’s Minimum Wage Hike Didn’t Help Low-wage Workers, by Corey Iacono at the Foundation for Economic Education