Want a hole? Rent a drill! Really?
Michael Munger, transaction costs, and limits to the gig economy.
Michael Munger, transaction costs, and limits to the gig economy.
This is part 2a of a (hopefully) four-part series; see also part 1, part 3, and part 4. This part grew so long I’m spreading it across two posts, with the second post to follow when I finish writing it. This post continues my thoughts on the concept of “market democracy” as described in John Tomasi’s book Free Market Fairness. In this post and the next I explore the second core idea of market democracy, that of society as a “spontaneous order”:1 ...
I subscribe to almost two hundred blogs, covering a wide range of topics. I thought it would be fun to highlight some of the more interesting ones, in case anyone else finds any of them interesting and also to provide some insight into the particular things I tend to blog about. First up is Arnold Kling and his “Askblog,” the tagline of which is “taking the most charitable view of those who disagree.”1 ...
Recently the Mercatus Center at George Mason University released its latest “Freedom in the 50 States” index ranking US states by their overall levels of personal and economic freedom. I happened to see it via a post on the Bleeding Heart Libertarians blog, but it’s been referenced in a number of places. I won’t rehash the comments of others, many of which criticize the way the various types of freedom are measured. Rather I had a somewhat different question, namely whether the measures of freedom in this report, particularly those for economic freedom, actually tell us anything useful. ...
This is part 1 of a projected four-part series, of which the only other part I’ve completed is the first half of part 2. A while back I read the essays in the online symposium on John Tomasi’s book Free Market Fairness at the Bleeding Heart Libertarians group blog. I’ve previously noted why I think the book and its topic are important. But what exactly is “free market fairness”? It is Tomasi’s particular take on a broader concept he calls “market democracy”: ...
For the most part I’ve stayed out of the debate over the “Inner Arbor” plan proposed for consideration by the Columbia Association Board of Directors. For the record, I think the idea of having an everyday “there there” in Symphony Woods (i.e., not just Merriweather Post Pavilion) is a good idea; I especially like the idea of building a new Central Branch library as part of an overall Symphony Woods cultural complex. Bottom line: I like the proposal, have signed the petition to support it, and encourage others to do so as well. ...
Many people recall that John Maynard Keynes characterized “practical men” as being the “slaves of some defunct economist.” Fewer people recall that Keynes accorded political philosophers equal weight in influencing the opinions of those practical men. I note this to justify why I spent several hours of my spare time reading the political philosopher John Tomasi’s new book Free Market Fairness, which according to the blurb “offers a bold new way of thinking about politics, economics, and justice—one that will challenge readers on both the left and right.” It’s also why I now feel compelled to spend a bit more time recommending it to others and outlining why I think it’s important. ...
Some people are fond of using the term “statist” to describe their political opponents. (I’ve never heard of anyone using it to describe themselves.) For example, in response to a HoCo Rising post on a fundraiser held by Howard County council member Courtney Watson, Bill Bissenas commented that both Watson and Guy Guzzone (her rumored opponent in the next county executive race) are “statists of the highest order,” in Watson’s case “despite [her] efforts to convince folks otherwise.” In response to which Dave Bittner asked Bill, “you use the term, ‘statist’ a lot. Could you define it for me?” ...
I’m still enjoying reading and commenting on the Bleeding Heart Libertarians blog. Today while reading a post on the “deserving” vs. the “undeserving” poor a commenter brought up that perennial topic, is taxation theft? More specifically, many (but not necessarily all) libertarians believe that the state has no valid claim to extract taxes from people (backed up by the implied threat of physical force), and in that sense even a democratically-elected government is nevertheless the moral equivalent of Tony Soprano and his crew. ...
For those of you who haven’t heard, the Howard County local blogosphere has a new entrant, as Corey Andrews has started a new “HoCoLibertarian” blog, “to get a foot in the door for libertarians and libertarian-leaning conservatives in Howard County.” (Note that Andrews is also planning to run for the Board of Education in 2012; for more information see his campaign blog.) To help welcome his new blog I’m going to devote this blog post to libertarians, more specifically to Bleeding Heart Libertarians, a great new group blog I’ve been following avidly (and occasionally commenting on). ...