Blog Roundup

The useful part

" One Contradiction in the Fear of Laissez-Faire," by Harry Binswanger (Value for Value): The operative image of economic regulation is that of a huge truck without steering or brakes. "We have to have those instruments of control, or the truck will go careening off the side of a cliff." The truth is that government regulation is precisely the cutting of the brake lines and the seizing up of the steering column.

How it works

• Productive work also yields savings that can be invested to provide extra cushioning against life's vicissitudes.
• (Those who are truly unable to support themselves, save, and afford insurance, must rely on private charity -- that historical evidence has shown to flourish in the conditions of freedom and the absence of...
• Taking private insurance against accidents, illness and disability adds extra protection.
• " Trump, Iran and Moral Discriminations," by Peter Schwartz (Peter Schwartz):

What to take from it

It must identify the nature of a country that is an enemy, and the nature of a country that is a friend. Just as the guns possessed by criminals call for a very different evaluation than do guns possessed by the police.

Details worth keeping

An effective foreign policy must make moral discriminations. Merely looking at a country's weaponry cannot guide us.