Man has only one tool to fight error: reason.
— Ludwig von Mises
1. A ghostwriter (not me) cites an old Mises Daily of mine. A tip: I don’t recommend posting your essays on these kinds of websites. You’re not going to make much money ghostwriting, unless you upload a huge volume of papers. Instead, you should approach it like a business, advertise, and write unique, fresh papers for all your clients. It pays off; you make much more money this way (I would never sell a ~4,000 word essay for $70). Another tip: don’t buy essays from these websites. A lot of professors simply copy and paste entire essays into Google to discover plagiarism, and the tactic works very well. Essays from websites where parts of the essay are published, so that the client can take a look at the quality prior to purchase, are especially susceptible. In any case, you commonly need to establish a temporary dialogue with whoever you hire, because you will get feedback on your essay and you will need someone to make the necessary changes. Final tip: honestly, write the essay yourself.
2. Chris Dillow, “A Case for Inequality,”
Instead, the causes of inequality lie in institutions and ideology. On the one hand, the US has institutions and ideologies which engender “winner take all” markets in which CEOs and “superstars” — of either an Adler (pdf) or Rosen (pdf) type — can get very rich. On the other hand, Scandinavians have strong welfare states which reduce income inequality but – by deterring saving amongst the middlingly poor – increase wealth inequality.
The first sentence is key. The theory of distribution abstracts from institutional concerns, but it’s really institutions which determine the distribution of income. This is why I spend so much time criticizing “productivity” theories of inequality. Accepting this doesn’t make you a “statist,” or a “Keynesian.” You can take a Hayekian position, admit that institutions are imperfect, and argue that the best institutional improvements arise spontaneously through decentralized decision making.
3. Matt Zwolinski on why he isn’t an anarchist,
Anarchism of this sort thus demands from us an enormous confidence in the power of human reason to radically redesign and improve evolved social institutions. And it is precisely this sort of confidence that classical liberals have long warned us to be wary of.
This sound similar to the argument I made here. The whole piece (plus the earlier essays in the same discussion) is worth reading.
4. Atlético de Madrid, the team I have been following almost since I was born, has directly qualified for the Champions League for the first time in 17 years (we qualified for the 2007/08 and 2008/09 Champions League seasons, as well, but only through playoffs). If it sounds unimpressive, consider the fact that we’re Spain’s third most decorated team. Historically, we’ve fared pretty poorly in Europe’s top competition, but I’m hoping that with Diego Simeone — a manager that has won us two pieces of silverware, and qualified us for the domestic Cup final, in his year and a half so far — Fortune will shine upon us. By the way, I still remember receiving a commemorate plate (for winning the league and the domestic cup) from a family friend when I was nine years old. He’s a culé (Barcelona fan), but he knew how crazy I was/am about the team. It’s weird because I’m the only Atleti fan in my household. My grandfather is a Madridista (Real Madrid fan), and a pretty die-hard one at that.
5. I wonder if, in some stateless parallel universe, every time private defense fails to solve a crime a blogger writes, “Wow, if we had publicly funded police none of this would happen!” Then I wonder if some obscure blogger writes a blog post on how radical statists should be more skeptical, because publicly funded police stations can only work if they appear spontaneously.