Trump doesn’t seem like the type for self-improvement, but here are four unsolicited recommendations anyway.
Making higher education free of charge won’t make it free to provide.
“I learned in economics that in ‘perfect competition’ profits are zero, so any actual profits come from some kind of monopoly power. So how could profits be good?”
Imagine a society that always encouraged you to make the right choices without forcing to make those choices.
Two front-page stories in the Metro section of Monday’s Washington Post depict protected service providers desperately trying to fight off innovations that might serve customers better and threaten the comfortable incomes of the established providers.
If we want the market order to survive, we will have to continue to treat it both in theory and practice as a realm of moral and virtuous behavior.