Brain Food — Laissez FaireLaissez Faire

The Uncompromised Case for Capitalism

Brain Food

  • Is Obama the most fiscally conservative president of the last fifty years? Hey, I’m serious—some guy has a chart and everything. So what’s the catch? Dan Mitchell explains.
  • Regulatory State Watch: Why it’s impossible to run a business in Chicago without breaking the law
  • Regulatory State Watch Redux: The Red Tape Diaries
  • Regulatory State Watch Re-Redux: Ten Thousand Commandments 2012 – An annual snapshot of the regulatory state from CEI
  • Question: What costs $1 trillion a year and completely fails to accomplish its main objective? Answer: America’s welfare state.
  • Yaron recently explained why the repeal of Glass-Steagall was not responsible for the financial crisis. This article, from the New York Times believe it or not, seconds Yaron’s comments. My favorite part? Senatorial candidate and former Native American Elizabeth Warren has been screaming her head off about Glass-Steagall but when confronted with the facts she admits “one of the reasons she’s been pushing reinstating Glass-Steagall—even if it wouldn’t have prevented the financial crisis—is that it is an easy issue for the public to understand and ‘you can build public attention behind.’”
  • Speaking of banking, the latest issue of the Cato Journal has a bunch of interesting articles on banking and finance issues. See in particular John Allison on “The Fed’s Fatal Conceit” (PDF) and Larry White on “Making the Transition to a New Gold Standard” (PDF).
  • Speaking of Larry White, Russ Roberts interviews White about his outstanding new book The Clash of Economic Ideas. White’s book explains with refreshing clarity some of the most important theoretical ideas in economics—and then shows how those ideas have actually worked out in historical practice.
  • Say it with me: Sweden does not refute capitalism. Sweden does not refute capitalism.
  • And now for something completely different. When I was sixteen, I entered and won a “tie-in” contest on Leonard Peikoff’s radio show (Peikoff is Ayn Rand’s heir). That show is now available.

4 Comments to “Brain Food”


  • Ryan M says:

    I actually had a thought when I heard the callers name was Don that wouldn’t it be interesting of it was you. Now I find that my suspicions were true.

  • Sean L says:

    I could not find the link to this article:
    Larry White on “Making the Transition to a New Gold Standard” (PDF).

  • Noel A says:

    I listened to that radio recording yesterday, and was impressed by that 16 year old. It’s a pleasant surprise to find out that it was you!