Rebuilding New Orleans
According to FoxNews, Mayor Ray Nagin said that New Orleans residents should be allowed to rebuild anywhere — as long as they do so at their own risk. Quoth the good mayor I don’t recommend you going in areas I’m not comfortable with. I’m confident that the citizens can decide intelligently for themselves..
Actually, I am …
Why Leave It to the Market?
Occasionally I’ll get asked about why I always advocate ”letting the market handle it”. Various people think it’s a naive answer and one that places too much blind faith in capitalism. From now on, when I hear that question, I’ll simply point the inquisitor to Professor Boudreaux’s convincing answer. An excerpt:
People too often …