Category: Obama

Robert Higgs on the connection between the private economy and property rights

Jim Rogers echoes these sentiments when he describes his preference for investing in regions with more political stability Here is Higgs on regime uncertainty As I understand regime uncertainty, it has to do with widespread inability to form confident expectations about future private property rights in all of their dimensions. Private property rights specify the property owner’s […]

Knee-jerk meets policy

this is the very definition of a knee-jerk reaction. What does our Libyan policy havein common with a knee-jerk? it’s autonomic: without conscious thought or reasoning it’s an uncontrolled spasm it could trigger an uncontrolled, uncontrollable series of equally uncomcious responses it’s unconnected to a strategy, a plan, a vision of the future it’s a […]

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